ASHANTI GOLDFIELDS COMPANY LTD vs. AFRICORE GHANA LTD AND WESTCHESTER RESOURCES LTD [2013]DLSC2769

ASHANTI GOLDFIELDS COMPANY LTD vs. AFRICORE GHANA LTD AND WESTCHESTER RESOURCES... [2013]DLSC2769

Date	2013-03-05
Suit No.	CIVIL APPEAL NO. J7/7/2012
Citation No.	[2013]DLSC2769

ATUGUBA JSC (PRESIDING)

ANSAH JSC

ANDINYIRA [ MRS] JSC

OWUSU [MS] JSC

DOTSE JSC

GBADEGBE JSC

AKAMBA JSC

KWAME AKUFFO BOAFO (WITH HIM AUGUSTUS ABEIKU BREW) FOR THE DEFENDANTS/APPELLANTS/APPLICANTS.

JAMES AGALGA FOR THE PLAINTIFF/RESPONDENT/RESPONDENT.

[2013]DLSC2769
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													<main id="main" class="content" style="min-height: 60rem" >ASHANTI GOLDFIELDS
COMPANY LTD<o:p></o:p>vs.<o:p></o:p>AFRICORE GHANA LTD AND
WESTCHESTER RESOURCES LTD<o:p></o:p>&nbsp;[SUPREME COURT, ACCRA]<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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CIVIL
APPEAL NO. J7/7/2012&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;DATE: 5TH
MARCH, 2013<o:p></o:p>

</div>COUNSEL:&nbsp;&nbsp; <o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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KWAME
AKUFFO BOAFO (WITH HIM AUGUSTUS ABEIKU BREW) FOR THE
DEFENDANTS/APPELLANTS/APPLICANTS.&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;&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;JAMES AGALGA
FOR THE PLAINTIFF/RESPONDENT/RESPONDENT.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>

</div>CORAM:<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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ATUGUBA JSC (PRESIDING), ANSAH JSC, ANDINYIRA [
MRS] JSC, OWUSU [MS] JSC, DOTSE JSC , GBADEGBE JSC, AKAMBA JSC <o:p></o:p>

</div><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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JUDGMENT<o:p></o:p>

</div><o:p>&nbsp;</o:p>AKAMBA,
JSC:<o:p></o:p>This review application
lies from the unanimous decision of this court rendered on 19th July
2012 dismissing an appeal from a decision of the Court of Appeal dated 31st
July 2008.<o:p></o:p>The material facts giving rise to the present application
are as follows:&nbsp; <o:p></o:p>The plaintiff/respondent/respondent (Axes Company
Ltd) herein after simply referred to as the respondent issued a writ of summons
in the High Court claiming<o:p></o:p>as plaintiffs for an order of interim injunction
restraining the 1st Defendant/Appellant/Applicant from disposing of
a building at the Tema end of the Motorway (Tema); an order freezing the
accounts of the 1st , 2nd and 3rd Defendants/Appellants/Applicants
at Ecobank, Tema; an order freezing the accounts of the 1st
Defendant/Applicant at Barclays Bank, Tema; an order compelling Barclays Bank,
Tema to furnish the court with the statement of accounts of the 1st
Defendant/Appellant/Applicant from January 2004&nbsp;
to date; an order compelling Ecobank to furnish the court with the
statement of accounts of the 2nd and 3rd Defendants/Appellants/Applicants
from January 2004&nbsp; to date. Attached to
the writ was an 18-paragraph statement of its claims. The
Defendants/Appellants/Applicants are hereinafter simply referred to as
Applicants.<o:p></o:p>The writ was immediately followed with an
application for interim injunction on 9/01/07 which application was heard on
12/01/07.&nbsp; Mr. Amua Sekyi who appeared as
counsel for the Applicants had no objection to the application except that they
be given time within which a statement of account be furnished of the period so
as to advise themselves.&nbsp;&nbsp; Mr Amua Sekyi appears
to have made the above concessions without any formal filing of appearance that
day. He eventually entered appearance on 2/02/07.&nbsp; The application was granted and certain
consequential orders made, including that:<o:p></o:p>“5. The
managers of the above banks (i.e. Barclays Bank, Tema and Ecobank, Tema) are to
prepare and submit before this court statement of the respective accounts from
January 2003 to date on 30/1/2007.”<o:p></o:p>The two banks complied with the court’s directive
and duly submitted statements on accounts being kept by the Applicants.<o:p></o:p>Subsequent to the filing of the accounts by the
affected banks, the respondents herein, filed an application for Summary
Judgment for the sum of $3,042,000.00 relying on grounds deposed to in a
27-paragraph supporting affidavit.<o:p></o:p>In an affidavit in opposition sworn to by one John
Cobbina Buabeng, Managing Clerk at the law firm of Amua Sekyi &amp; Co., the Applicants
conceded owing $1,475,330.<o:p></o:p>&nbsp;On the day
of the application Mr. Amuah Sekyi again made the following intervention:<o:p></o:p>“My Lord,
we admit owing the plaintiff the sum of $1,475.330 as contained in our
affidavit in opposition”<o:p></o:p>In a swift reaction to the intervention, the court
on 14th March 2007 ordered as follows: <o:p></o:p>