Question
Shanker, who runs a grocery shop in Ampang Jaya, has just newly set up a bank account in June Bank Berhad. His uncle, Dibble, has
Shanker, who runs a grocery shop in Ampang Jaya, has just newly set up a bank account in June Bank Berhad. His uncle, Dibble, has agreed to help him to manage the business by acting as his despatch personnel. His uncle would help in the daily bank-ins and withdrawal. Last month his uncle was instructed to collect a cheque book from June bank. His uncle collected the book and he tore a piece of cheque from the newly issued cheque book. Subsequently, his uncle forged his signature and withdrew 90% of the monies in Shanker's account. Shanker's accountant noticed that a huge sum of cash was withdrawn after reviewing the monthly bank statement. He informed Shanker of the withdrawal. However, Shanker did not inform the bank of the forgery. Later, his uncle lost his life in a road accident. Shanker now wishes to claim the lost of the monies due to the forgery, from the bank. Advise him whether he can do so.
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