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Tribunal Imposes N120m Fine On Bank Over Failed Transaction

Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja yesterday imposed a fine of N120 million against Stanbic-IBTC Bank over the bank’s

Abuja federal capital territoryIbrahim yakubuMarcel osigbemheClement osuyaSola salako ajuloChuma mbonuAccess bankNews agency of nigeriaCentral bankConsumer protection tribunalNigeria regulationInstant interbank electronicNews agency

Tribunal imposes N120m fine on Stanbic-IBTC Bank

CCPT sitting in Abuja on Thursday imposed a fine of N120m against Stanbic-IBTC Bank over failure to complete a costumer's transfer request.

Abuja federal capital territoryIbrahim yakubuClement osuyaSola salako ajuloMarcel osigbemheChuma mbonuAccess bankCentral bankConsumer protection tribunalNigeria regulationInstant interbank electronic

Tribunal imposes N120m fine on Stanbic-IBTC over failed transaction — Daily Nigerian

Tribunal imposes N120m fine on Stanbic-IBTC over failed transaction — Daily Nigerian
dailynigerian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynigerian.com Daily Mail and Mail on Sunday newspapers.

Abuja federal capital territoryMarcel osigbemheClement osuyaIbrahim yakubuChuma mbonuDeborah solomonSola salako ajuloAccess bankCentral bankNews agency of nigeriaConsumer protection tribunalNigeria regulationInstant interbank electronicNews agency

Tribunal imposes N120m fine on Stanbic-IBTC Bank over failed transaction — National Accord Newspaper

The Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja on Thursday imposed a fine of N120 million against Stanbic-IBTC Bank over the bank’s failure to complete a transfer request for a customer.

Abuja federal capital territoryClement osuyaSola salako ajuloChuma mbonuMarcel osigbemheIbrahim yakubuAccess bankNews agency of nigeriaCentral bankConsumer protection tribunalNigeria regulationInstant interbank electronicNews agency

Tribunal imposes N120m fine on bank over failed transaction

The imposition of the fine on Stanbic-IBTC Bank on Thursday was done by the judges via a split decision of two to one.

Abuja federal capital territoryChuma mbonuClement osuyaDeborah solomonMarcel osigbemheSola salako ajuloIbrahim yakubuAccess bankCentral bankNews agency of nigeriaBank onConsumer protection tribunalNigeria regulationInstant interbank electronicNews agency