THE REPUBLIC vs. BANK OF GHANA (1ST RESPONDENT/APPLICANT) GOVERNOR, BANK OF GHANA (2ND RESPONDENT)

The core issue which I have been called upon to adjudicate on in this application is as to whether or not the jurisdiction of this Court has been wrongly invoked. The contention of the 1 st Respondent/Applicant hereafter called “The Applicant”) is that in so far as the Originating Notice of Motion for Judicial Review filed by the Applicant/Respondent (hereafter called “The Respondent”) has been filed in violation of the mandatory statutory provisions regarding the form for seeking redress of the alleged grievance, and a gross abuse of the Court’s processes, the said Originating Notice of Motion should be set aside or struck out. A brief summary of the facts giving rise to the instant application are that, on the 16th day of August, 2019, the Bank of Ghana (BOG), the Applicant herein, revoked the licence of Unicredit Ghana Limited, a Specialized Deposit-Taking Institution by a letter dated 16th August, 2019. Dissatisfied with the revocation of the licence of Unicredit Ghana ...