The civil suit in which National Commercial Bank (NCB) is seeking to close the accounts of investment club Olint Corporation Ltd has been set for trial on March 9, 2009, in the Supreme Court.

The trial date was set Wednesday when lawyers representing the parties attended a case management conference at the Supreme Court.

NCB is seeking to close the accounts because it is contending that Olint has not complied with certain requests. One of the requests is to provide an audited financial statement.

Olint is contesting the suit and has filed several allegations against the bank. An application was made Wednesday to consolidate the suit which NCB filed against Olint boss, David Smith, and his wife Tracey.

NCB is seeking to close the personal accounts of the Smiths because it says based on a Supreme Court ruling, it does not want to continue to operate accounts for persons who are associated with Olint.

The application to consolidate the suits has been set for November 11.