MET CAPITAL GROUP LIMITED vs. EVANS KOJO YEBOAH

By a Writ of Summons issued on December 10, 2018, the Plaintiff/Respondent herein (hereafter referred to as “Respondent”) sued the Defendant/Applicant (also referred to as “Applicant”, hereafter) for the following reliefs: a. Recovery of sum that this honourable court deems fit. b. Recovery of interest on the outstanding balance as this Honourable court deems fit c. Costs including legal fees d. Any other reliefs that this Honourable court deems fit. From the pleadings and the affidavit evidence before the court, it appears that the Applicant secured from the Respondent Company for the benefit of DiscoveryTel Ghana Ltd., a company in which he is the majority shareholder, certain facilities totalling Two Million Ghana cedis (GH¢2,000,000.00). In respect of this facility, Applicant executed in the name of the said company a financial security (Exhibit EAB “4”) and he also signed an undertaking to ensure payment would be made to the Respondent. To ensure payment was ef...