Alleged FX Trade: Appeal Court Reverses Forfeiture of N71m, Rules in Favour of Sterling Bank Against EFCC
The Court of Appeal in Lagos has ruled in favour of Sterling Bank Plc in a legal battle against the Economic and Financial Crimes Commission (EFCC) over an alleged illegal foreign exchange transaction, ordering the reversal of a previous forfeiture of N71 million. The appellate court, in a unanimous decision delivered on Wednesday, overturned a