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THE High Court has delivered its ruling in the lawsuit brought by ANSA Merchant Bank (AMB) to recover $30 million from six of its former employees, five roll-on/roll-off dealers and a client.

In a 100-plus page ruling, Justice Frank Seepersad dismissed AMB’s claims against four of its former employees and the former partner of one but found that a former business development officer of the bank breached his contractual and fiduciary duties and conspired with roll-on/roll-off car dealers to defraud the financial institution of the $30 million during the two-and-a-half-year loan scheme.

Justice Seepersad ruled against former AMB business development officer (BDO) Dwayne Rojas.