Tan Pte Ltd is a fintech start up and in order to expand the business, are required to purchase S$250,000 worth of computers and related accessories from Goh Pte Ltd on credit. To ensure Tan are financially stable to pay for the computers, Goh wanted to know of Tan’s financial stability. Tan asked Goh to contact their Bankers Allaince Bank (A). Goh wrote to Bank A requesting for Tan’s solvency position as Goh intend to provide credit to Tan. Bank A mistook Goh for another of their clients and stated that Goh are financially solvent. 

Bank A supplied the information with the reference: 

‘Bank A will not accept any liability for any inaccuracy contained in this reference, or for any loss incurred as a consequence.’ 

In reality, Tan are in arrears of a loan they took from Bank A and are in difficulty settling the loan together with interest. Goh supplied the goods. Some months later Tan due to the global economic conditions, suffered losses and are unable to pay Goh and are in the verge of being wound up. 

Required: 

Can Goh recover the losses suffered from Bank A?