NDK FINANCIAL SERVICES LIMITED vs. HEART OF LIONS FOOTBALL CLUB LTD. AND VICTOR K. AHIAKPOR

By a writ dated the 25th day of June, 2014, the Plaintiff sued the Defendants for the following reliefs: “1. Recovery of the sum of One Hundred and Seventy-One Thousand, One Hundred and Thirty-Three Ghana Cedis, Eighteen Pesewas (GHȼ171,133.18) against the Defendants jointly and severally. 2. Interest on the said sum of One Hundred and Seventy-One Thousand, One Hundred and Thirty-Three Ghana Cedis, Eighteen Pesewas (GHȼ171,133.18) at the rate of 4.5% per month basis from 31st May, 2014 till date of final payment against Defendants jointly and severally. 3. A default charge of 2.5% of the total judgement debt (exclusive of costs).” The Plaintiff’s case is that it is a Ghanaian registered non-bank financial institution. The 1st Defendant is a customer of the Plaintiff and also a company duly registered under the laws of Ghana. Plaintiff avers that, on or about the 15th day of April, 2013, it granted and disbursed a loan facility of Fifty Thousand ...