ABOU-RAHMAH AND OTHERS v ABACHA AND OTHERS
[2006] Lloyd's Rep Plus 21
QUEEN’S BENCH DIVISION
Before Mr Justice Treacy
Banking – claimants induced by fraud to pay money into
bank account – Bank passing money to fraudsters – Whether bank liable – Whether
claimants debarred from seeking remedy by reason of illegality – Whether bank
guilty of knowing assistance of breach of trust – Whether bank owed duty of
care – Whether money subject to resulting or Quistclose trust – Action for money had and received – Defence of change of
position.