On or about September 25, 1983, plaintiff-appellant National Bank of Pakistan (appellant) contracted with defendant-respondent Fireman's Fund Insurance Company (respondent) for a policy of fidelity and other insurance, and a banker's blanket bond. Among the losses covered under the policy were those "resulting directly from dishonest or fraudulent acts of an Employee committed alone or in collusion with others".
The insurance policy was in effect on April 10, 1985...
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