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SUPREME COURT RULING ON GCAPPA AND SAGECOM
Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited, with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment.
Fidelity Bank on Monday has confirmed a subsisting Supreme Court judgement involving GCappa and Sagecom Concepts Limited, adding its computation puts the settlement figure at N14 billion.