BANK OF AFRICA GHANA LIMITED (PLAINTIFF) vs. SIBEL COMPANY LIMITED, CHARLES KWAME SIAW AND ALEXANDER AYISI

Introduction [1] This is an application by Plaintiff/Applicant bank herein praying that summary judgment be entered against the Defendants/Respondents for the reliefs endorsed on the Writ of Summons filed on April 2nd, 2014 stated below as:- The Plaintiff claim is for: 1. Recovery of the sum of GH¢85,325.74.00 being the outstanding balance due on the principal and interest on a revolving loan facility granted to the defendants by the Plaintiff. 2. Interest on the said sum from January 29, 2014 till the date of final payment. 3. Judicial sale of Toyota Highlander 4 x 4 vehicle. 4. Costs. [2] The grounds upon which the instant application is premised are catalogued in the supporting affidavit of Julian Lartey accompanying the motion paper. The thrust of the Plaintiff/Applicant’s case is that the Plaintiff granted the Defendants/Respondents a facility of Sixty Eight Thousand cedis (GH¢ 68,000.00) pursuant a written request dated July 20, 2011 to enable the Respondents compl...