Haril Global Solutions Limited has initiated legal action against Globus Bank Limited, seeking N10 billion in damages for alleged fraudulent activities and a breach of a loan contract. The suit, filed under case number CV/1456/2024 at the FCT High Court, accuses the bank of conducting unauthorized transactions on the firm’s account, violating the agreed terms of their loan agreement.
The firm’s attorney, Pelumi Olajengbesi, Esq, stated that in addition to breaching the contract, Globus Bank communicated misleading information to Access Bank, Fidelity Bank, and Wema Bank. This resulted in a “post no debit” order being placed on all of Haril Global’s accounts with these banks, severely disrupting their business operations.
In a detailed statement, Oluwaseun Onobun, a Director at Haril Global, revealed that on December 7, 2021, Globus Bank offered the company an overdraft loan facility of N500 million to support their working capital for one year. However, the firm alleges that the bank performed multiple unauthorized withdrawals from its account, including sums of N26.076 million and N15 million on January 31 and February 6, 2024, respectively. These transactions occurred despite a “post-no-debit” order on the account, which should have prevented any such activity.
Haril Global is demanding that the court orders Globus Bank to return the withdrawn amounts and compensate the firm for the substantial financial harm caused by these actions.
In defense, Globus Bank, through a counter affidavit by Tamunosiki Wakama, a litigation clerk, argued that the reliefs sought by Haril Global are unjust and should be dismissed, asserting that their actions were lawful and justified.
The court has set the hearing dates for January 13 and 14, 2025. This case underscores the critical nature of trust and adherence to contractual agreements in banking practices, with significant implications for both parties involved.