Legal Question in Business Law in Nigeria
bank Manager buys property and deposits money for seller in his account with bank and several months later bank collapses, is bank manager liable for the money or is the sales contract inconclusive?
Asked on 11/16/15, 11:06 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
17.11.2015
Dear Sir / Madam.
Bank Manager still remains liable to pay and settle the agreed purchase consideration of the property to the seller,
Regards,
Answered on 11/17/15, 3:08 am
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