Crédit Agricole Corporate and Investment Bank, Singapore Branch v PPT Energy Trading Co Ltd - [2023] SGCA(I) 7 - Singapore International Court of Appeal (Judith Prakash JCA, Jonathan Mance IJ and Bernard Rix IJ) - 24 October 2023

Letter of credit - Fraud - Circumstances in which bank could refuse payment - Letter of indemnity - Whether beneficiary had marketable title - Measure of indemnity

This was an appeal by CACIB against the decision of the Singapore International Commercial Court, [2022] SGHC(I) 1.