CENTRACOR RESOURCES LTD vs. BOOHENE AND OTHERS

KPEGAH JSC. This is an appeal against the ruling of an Accra High Court presided over by Kwadu-Amponsam J refusing an application for an order of interim injunction brought by the plaintiff. The plaintiff-appellant (hereinafter referred simply as the plaintiff) is a limited liability company registered in the Isles of Man, in the British Isles. The 1st defendant, Mr Boohene, is the Managing Director of the 2nd defendant, a limited liability company registered under the laws of Ghana. The share capital of the 2nd defendant is owned by the 1st defendant. The defendants hold a mineral concession at Obuom in the Ashanti Region of the Republic of Ghana. On 14 June 1991, the 1st defendant signed an agreement with the plaintiffs in the Republic of South Africa in respect of the defendants’ concession. The essence of the agreement was for the parties to co-operate in the mineral prospecting operations on the said concession. If the prospecting proved good, the plaintiffs and the 1st and .....