Timothy Oguntayo: GMD of Skye bank
The drama between Skye Bank and Tuns Farm Nigeria Plc has taken a new turn. The commercial bank has approached the Supreme Court to overturn a judgment against it by a Federal Court of Appeal sitting in Akure, Ondo state.
It would be recalled that on Tuesday 12 May, the Appeal Court upheld an earlier judgment by an Osun state High Court sitting in Osogbo and ordered Skye Bank Nigeria Plc to pay N2.5 billion as damages to an Osogbo based firm, Tuns Farm Nigeria Plc over breach of contract.
According to sources, a notice of appeal …Read More
Source:: PM Newspaper
