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اليوم السابع
Source: اليوم السابع
24 Hrsاليوم السابع
Source: اليوم السابع
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A judicial ruling from the Commercial Court ordered the bank to refund 43,000 Egyptian pounds along with their legal interest from the date of maturity in 1998 until full payment. This ruling pertains to a case involving the bank’s failure to prove the disbursement of inherited deposit certificates to the plaintiff. The court emphasized that the burden of proof lies with the bank, and the absence of receipts or documents confirming payment exposes it to liability for non-clearance. The judgment also states that interest at a rate of 5% annually is due from the date of maturity. This decision is a victory for the heir’s right to recover the deposit amount along with interest, dating back more than 28 years.
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