KIMATHI DAKE vs TRUSTCON LTD AND CONSTRUCTION PIONEERS [2012]DLHC4186

Date	2012-10-31
Suit No.	SUIT NO.C473/02
Citation No.	[2012]DLHC4186

HIS LORDSHIP MR JUSTICE P. BRIGHT MENSAH

MAXWELL LOGAN WITH ELAINE MACLEAN FOR THE PLAINTIFF

DOE TSIKATA WITH MATILDA IDUN DONKOR FOR THE 1ST DEFENDANT

JUSTIN AMENUVOR FOR THE 2ND DEFENDANT

[2012]DLHC4186
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													<main id="main" class="content" style="min-height: 60rem" >KIMATHI DAKE<o:p></o:p>vs<o:p></o:p>TRUSTCON LTD AND
CONSTRUCTION PIONEERS<o:p></o:p>[HIGH
COURT (FINANCIAL COURT DIVISION 1), ACCRA]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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SUIT NO.C473/02&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;DATE: 31ST OCTOBER, 2012<o:p></o:p>

</div>COUNSEL:<o:p></o:p>MAXWELL
LOGAN WITH ELAINE MACLEAN FOR THE PLAINTIFF<o:p></o:p>DOE
TSIKATA WITH MATILDA IDUN DONKOR FOR THE 1ST DEFENDANT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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JUSTIN
AMENUVOR FOR THE 2ND DEFENDANT<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS
LORDSHIP MR JUSTICE P. BRIGHT MENSAH<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="text-align:center;line-height:115%;
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solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">REASONS FOR JUDGMENT<o:p></o:p>

</div>Per
a writ of summons sealed in this registry on 17/04/02 the Plaintiff claimed
against both defendants:-<o:p></o:p>1.&nbsp;&nbsp;&nbsp; A declaration that the Plaintiff is entitled
by virtue of his parol contract with the 1st defendant to 50% of all profit
made by the 1st defendant from that contract.<o:p></o:p>2.&nbsp;&nbsp;&nbsp; An order directed at the 1st defendant to
render account of all monies received from the inception of the contract to
date.<o:p></o:p>3.&nbsp;&nbsp;&nbsp; A mandatory injunction directed at the 1st
defendant from taking the balance of the contract payment outstanding with the
2nd defendant until the final determination of this suit.<o:p></o:p>4.&nbsp;&nbsp;&nbsp; An order directed at the 2nd defendant not
to pay the remainder of the outstanding contract payment to the 1st defendant
until the determination of this suit.<o:p></o:p>5.&nbsp;&nbsp;&nbsp; An order directed for breach of contract.<o:p></o:p>6.&nbsp;&nbsp; &nbsp;&nbsp;Cost.<o:p></o:p>The
claim of the Plaintiff was met with a counterclaim by the 1st defendant.&nbsp; By its Amended Statement of Defence and
Counterclaim, Trustcon Ltd claimed against the Plaintiff:-<o:p></o:p>1.&nbsp;&nbsp;&nbsp; the sum of ¢30,000,000.00 being an amount
converted by the Plaintiff on or about 30 July 2001 out of monies due the 1st
defendant from the 2nd defendant in respect of the sub-contract between the
defendants;<o:p></o:p>2.&nbsp;&nbsp;&nbsp; interest thereon at the prevailing
commercial bank lending rates of interest from 30 July 2001 until date of final
payment;<o:p></o:p>3.&nbsp;&nbsp;&nbsp; further or other relief; and<o:p></o:p>4.&nbsp;&nbsp;&nbsp; costs.<o:p></o:p>As
against the 2nd defendant, the 1st defendant additionally made these claims:<o:p></o:p>1.&nbsp;&nbsp;&nbsp; the sum of ¢46,632,244.47<o:p></o:p>2.&nbsp;&nbsp;&nbsp; interest thereon at the prevailing
commercial bank lending rate from 3 July 2002 until date of payment;<o:p></o:p>3.&nbsp;&nbsp;&nbsp; costs; and<o:p></o:p>4.&nbsp;&nbsp;&nbsp; further or other relief.<o:p></o:p>ISSUES
FOR TRIAL<o:p></o:p>At
the close of the pleadings the Issues contained in the Summons for Directions
filed by the Plaintiff on 31/03/2004 adopted by the court for trial were:-<o:p></o:p>1.&nbsp; &nbsp;&nbsp;Whether or not the Plaintiff’s agreement with
the 1st defendant was for 50% of the profit of the sub-contract or for interest
at 30% per month.<o:p></o:p>2.&nbsp;&nbsp;&nbsp; Whether or not 1st defendant’s profit from
the sub-contract was ¢90,000,000.<o:p></o:p>3.&nbsp;&nbsp;&nbsp; Whether or not the 1st defendant are
entitled to their counterclaim.<o:p></o:p>4.&nbsp;&nbsp;&nbsp; Any other issues arising from the
pleadings.<o:p></o:p>Additional
Issues:<o:p></o:p>Learned
Counsel for the 1st defendant had filed on 05/04/2004, yet some Additional
Issues. These were also agreed upon to form part of the issues for trial.&nbsp; They were:<o:p></o:p><o:p>&nbsp;</o:p>