DALEX FINANCE & LEASING CO. LTD (PLAINTIFF) vs. EBENEZER DANZEL AMANOR & ORS (DEFENDANTS)

On the 18th of July, 2016 I entered judgement for the Plaintiff against the 1st and 2nd Defendants and dismissed the Plaintiff’s claim against the 3rd Defendant and also dismissed the counterclaim of 1st and 2nd Defendants. I reserved my reasons to today which I now proceed to give. By its writ of summons filed on the 13th March, 2014, the Plaintiff asked for the following reliefs: A. A declaration that 1st, 2nd and 3rd Defendants are jointly and severally liable to Plaintiff for: i) The sum of GH¢3,152,226.20 (Three Million one Hundred and Fifty Two Thousand Two Hundred and Twenty Six Ghana Cedi Twenty Pesewas) being loan granted to 1st and 2nd Defendants together with accrued interest on the 17th day of February, 2013. ii) The sum of GHS221,229.22 being loan granted to 2nd Defendant together with accrued interest as a the 13th day of February, 2013 all to taking the sum of GHS8,140,418.30 B. Interest on the said sum of GH¢3,152,226.20 at a compound interest of 4.7% pe...