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Cash Plus gets injunction against NCB
By admin | November 28, 2007
Source: RadioJamaica.com | Published November 28, 2007
High Court Judge Mrs. Marva McIntosh has granted Cash Plus a nine-day injunction preventing the National Commercial Bank (NCB) from closing its accounts.
Lawyers representing the alternative investment scheme went to court after Cash Plus officials accused local commercial banks of conspiring against it.
They say the banks are refusing to cash customers’ cheques and are moving to close down its accounts.
The Jamaica Bankers Association has denied being a part of any such conspiracy.
Topics: investment |