KCC 396/2001
This case involved bank liability to pay compensation to an account holder who had informed them their bank card had been stolen. Key issues included whether tort or contract law applied in this case.
Background
A claimant filed a case against a bank before the court. He requested the court to order the bank to pay him 82225 Dinars and legal interest of 7%. He said that his bank card was stolen while he was in London and that he informed the bank about this incident and requested it to cancel the card. He said that the bank had failed to comply with his request and that the amounts were withdrawn from his account as a result.
The court dismissed the case.
The claimant appealed the ruling before the court of appeal. The court dismissed the appealed ruling and ruled that the bank should pay the amount.