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Opposition Member of Parliament Fitz Jackson
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Fitz Jackson
By Warren Bertram
The matter involving Opposition Member of Parliament Fitz Jackson and the Bank of Nova Scotia over the charging of encashment fees will go before the Supreme Court as mediation was unsuccessful.
Mr. Jackson had filed four claims before the court seeking a declaration that the charging of encashment fees is a breach of the Bills of Exchange Act, and for the fees collected from him to be refunded, in addition to the interest that would have been foregone.
The Bank would also be liable for damages incurred in regards to the frustration and humiliation Mr. Jackson experienced when he attempted to settle outstanding obligations and legal costs.
The mediation was required by the court to determine if the parties to the suit can resolve or settle the dispute before the matter goes to trial.
Speaking with Radio Jamaica News, Mr. Jackson said he is optimistic about a speedy resolution to the matter.
"My legal team and myself remain extremely confident that the court's ruling on this matter will confirm the unlawfulness of such practice. And given the public interest nature of these are unlawful charges, I hope that this matter will be speedily concluded," he said.
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