ASSOCIATION OF GOLD EXPORTERS OF GHANA vs. BANK OF GHANA,PRECIOUS MINERALS AND MARKETING LTD GHANA REVENUE AUTHORITY

RULING The reliefs endorsed on the Plaintiff’s writ were as follows: i. A declaration that 1st Defendant’s publication BG/GOV/SEC/15 in the Daily Graphic on 8th September, 2015 compelling Plaintiff to export their gold only through 2nd Defendant is ultra vires its statutory mandate and therefore null and void and of no legal effect. ii. A declaration that No. 5 of Defendant’s publication BG/GOV/SEC/15 constructively and unjustifiably revokes Plaintiff’s licenses to assay gold for export outside Ghana and thereby incapacitates them from recovering their investments. iii. A declaration that No. 6 of Defendant’s publication BG/GOV/SEC/15 creates monopoly for 2nd Defendant against Plaintiffs and same is against statute and hence null and void and of no legal effect. iv. A declaration that Nos. 5 and 6 of Defendant’s publication BG/GOV/SEC/15 read together amount to unjustified interference in Plaintiff’s contract with the Government of Ghana hence be set aside. v. A dec...