Business CBN Sued for Piracy of Biometric Device, Firm Wants N8bn Compensation

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Nigeria- An IT firm has dragged the CBN to court for allegedly pirating it's patented Portable Telecommunication device, which is used in biometric, finger print and photograph based identification system for individuals.

The CBN and the Chartered Institute Of Bankers of Nigeria had shortlisted the firm to participate in a biometric project and had received its proposal letter.

However, somehow along the way the firm was dropped for the project.

It also says FG had concluded plans to award the over $100 million contract on January 7, 2013 to another firm who was almost likely to make use of its invention for the successful completion of the project

The firm says that if the projected is executed by another firm, would be a deliberate infringement on its copyright of the device.


Daily Independent has the full story:

An information technology firm, Technocrat Consult and IT System Solution Limited, has dragged the Central Bank of Nigeria (CBN) before a Federal High Court in Lagos claiming N8 billion damages over alleged copyright infringement.

Other defendants in the suit before Justice Saliu Saidu are Chartered Institute of Bankers of Nigeria and Enrst and Young Nigeria.

Meanwhile, Justice Saidu has dismissed a preliminary objection raised by the CBN against the suit.

The judge, in his ruling, held that justice of the suit would not be served if the objection was upheld, and that the irregularities in the suit should be amended and not served as basis to dismiss same

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