Tag: Stanbic IBTC
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Stanbic IBTC Ordered to Pay Ex-Customers N15m for Privacy Violation
By Opeyemi Adelakun The Federal Capital Territory High Court has ordered Stanbic IBTC Bank Limited to pay N15 million in damages to two former customers after ruling that the lender unlawfully retained and processed their personal information even after they had terminated their banking relationship with the institution. In a judgment regarded by legal observers…