A 10-year-old case involving counterfeit cash was back in court today, with a company requesting re-trial claiming that the Court of Appeal had wrongly interpreted the law.
The application was filed by La Piazza Ltd in the acts of the case it had filed against Bank of Valletta.
The story dates back to October 1997 when the company requested the bank to authenticate $40,200 in $100 dollar notes. After receiving the go-ahead, the company went on to deposit the notes but some time later, the bank debited the company's account claiming that the cash was counterfeit.
The Civil Court had ruled in favour of the company and ordered BOV to pay the amount. but on appeal, the court ruled in the bank's favour.
In its application, the company is requesting a re-trial claiming that the Appeals Court misinterpreted the law. Lawyer David Farrugia Sacco signed the application.