[2017]DLHC4152 • July 27, 2017 • High Court
BANK OF AFRICA GHANA LIMITED vs. SAMUEL DONKOR DICKENS
The Plaintiff, Bank of Africa Ghana Limited, claimed that the Defendant, Samuel Donkor Dickens, breached the financial facility agreement by failing, neglecting, or refusing to honor repayment terms on a loan facility granted to him. The Plaintiff sought recovery of the outstanding principal sum of GHC 44,888.72, along with agreed interests, penalties, general damages, legal costs, and any other relief deemed appropriate by the court.
read moreThe Plaintiff’s claim against the Defendant was for the following reliefs: a. A Declaration that the Defendant’s failure, neglect or refusal to honour repayment terms on the facility granted him constitutes a breach of the financial facility agreement/contract between the defendant and the plaintiff. b. An Order for the recovery of the outstanding sum of Forty-Four Thousand Eight Hundred and Eighty- Eight Ghana Cedis and Seventy- Two Pesewas (GHC44,888.72) together with the various agreed interest(s) and penalties to be assessed on the any outstanding sum unpaid per each month of default till date of final payment. c. Further interest and penal charges if any, as agreed by the parties from the date of default till date of final payment. d. General Damages for breach of contract. e. Cost (including legal fees). f. Any other reliefs deem appropriate by the Honorable Court On 21st June, 2017 the court entered interlocutory judgment in favour of the Plaintiff for recovery of the...