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2 clusters · 5 sources · 3 days · First seen · Last updated

Fidelity Bank fundamental rights legal dispute

Overview

Fidelity Bank Plc successfully appealed a ruling regarding a fundamental rights violation suit in Nigeria. The case originated from an arrest and detention in May 2023 involving Michael Kundera, who alleged he was detained without being charged or granted bail.

An initial ruling by the Federal Capital Territory High Court in April 2024 found the arrest and detention unlawful, ordering Fidelity Bank and the Economic and Financial Crimes Commission (EFCC) to pay Kundera ₦10 million in damages plus ₦2 million in legal costs.

However, the Court of Appeal in Abuja overturned this decision. A three-member panel led by Justice Adebukola Banjoko ruled in favor of the bank, accepting arguments that the bank’s petition to the EFCC targeted legal entities accused of diverting ₦100 million in loan funds rather than Kundera himself. The appellate court noted that the plaintiff did not provide sufficient evidence to prove his constitutional rights were infringed upon by the bank’s actions.

Entities

Michael Kundera · Court of Appeal · Economic and Financial Crimes Commission · Justice Adebukola Banjoko · Fidelity Bank Plc

Timeline

  1. [CRIME] 3 sources
    Fidelity Bank cleared by Appeal Court in fundamental rights case

    The Abuja Court of Appeal has overturned a lower court ruling, clearing Fidelity Bank Plc of liability in a fundamental rights case involving the arrest and detention of Michael Kundera.

  2. [BUSINESS] 2 sources
    Fidelity Bank wins appeal against fundamental rights violation ruling

    Nigeria's Court of Appeal has overturned a ruling against Fidelity Bank and the EFCC, dismissing a fundamental rights violation suit filed by Michael Kundera.

Sources

brandspurng.com · glamtush.com · lawhub.com.ng · nairametrics.com · thegallantnews.com.ng