[2024]DLCA17923March 28, 2024Court of Appeal

NDK FINANCIAL SERVICES LTD vs. ROBERT ASHIE KOTEI VENTURES LTD & 2 ORS.THE ATTORNEY GENERAL

JUDGMENT DZAMEFE, JA The plaintiff/respondent, hereinafter simply referred to as the plaintiff issued this writ of summons against the defendant for the following reliefs;- 1. An order for recovery of the sum of Gh¢4,719,828.98 (Four hundred and Ninety Thousand Eight Hundred and Twenty-Eight Ghana Cedis Ninety-eight pesewas) being the balance and owing as at 22nd July, 2014, on account of credit facilities extended to 1st defendant company between 13th November, 2013 and 18th July, 2013, repayment of which was guaranteed by 2nd and 3rd defendant but settlement of which defendants have failed to make good several demand notices notwithstanding. 2. Interest on the said sum of Gh¢4,719,828.98 (Four hundred and Ninety Thousand Eight Hundred and Twenty-Eight Ghana Cedis Ninety-eight pesewas) at the rate of 4.6% per month calculated at the close of each day and payable at the end of every month on compound basis from 22nd June 2014, up to and inclusive of date of final payment. .....