Question

.   Awutu Bank Ltd received a court order instructing the bank to advise the court of any credit of Ghc50 million or above received to the account of its customer, Kofi Nkansah. The bank complied with the order but did not advise the customer regarding its action. Subsequently Kofi Nkansah discovered what the bank had done when he was prosecuted for drug related offences.

Kofi Nkansah has sued the bank claiming compensation for the bank’s failure to oppose the court order to disclose information, failure to advise him on receipt of the order and a breach of the duty of confidentiality. What is the position of Awutu Bank Ltd?

Answer 1

Here, we can clearly see that bak followed the court order. So, the bank did the right job . Accoring the Banking Act , In the EFT system, confidentiality is violated when a customer's information is, without legal authority, made available to and exchanged by a third party who is not a party to the EFT transaction, for goals other than those required to achieve the transaction. So , can clearly see that with leagl autority bank can share confidential information.