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Bank's "hopeless" claim struck out by court

From the Courts
Tuesday 22 November 2016
Nuku'alofa, Tonga
A "hopeless" statement of claim filed by the Pacific International Commercial Bank Ltd (PICB) against the National Reserve Bank of Tonga (NRBT) was struck out by the Lord Chief Justice, who awarded the Reserve Bank indemnity costs in a Supreme Court civil ruling.
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