AKUOTECH COMPANY LTD VS. ENERGY BANK GHANA LTD [2014]DLHC17271

Date	2014-10-13
Suit No.	Suit No. BDC/34/12
Citation No.	[2014]DLHC17271

JENNIFER DODOO (MRS)

KWASI ADU-MANTE

BENJAMIN NYAKPENU

KOFI BOAKYE

YAW OWUSU-ADDO

[2014]DLHC17271
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<a name="_Hlk154138250"></a><a name="_Hlk152146143"><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;color:#00B0F0">AKUOTECH COMPANY LTD<o:p></o:p></a>

<span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;color:#00B0F0">ENERGY BANK GHANA LTD<o:p></o:p>

<span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">(DEFENDANT)<span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;
mso-bidi-font-family:&quot;Book Antiqua&quot;;color:#00B0F0"><o:p></o:p>

<span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">&nbsp;

<a name="_heading=h.gjdgxs"></a><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">Suit No. BDC/34/12&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: 13TH OCTOBER 2014<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;"><o:p></o:p>

</div>

<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">COUNSEL<o:p></o:p>

<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-weight:bold">KWASI
ADU-MANTE (WITH BENJAMIN NYAKPENU) FOR PLAINTIFF <o:p></o:p>

<span style="font-size:12.0pt;mso-bidi-font-size:
11.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-weight:bold">KOFI
BOAKYE (WITH YAW OWUSU-ADDO) FOR DEFENDANT<o:p></o:p>

</div>

JENNIFER DODOO (MRS)<span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;;mso-bidi-font-weight:bold"><o:p></o:p>

<p class="MsoNormal" align="center" style="text-align:center;line-height:115%;
tab-stops:4.5pt;border:none;mso-border-top-alt:solid black 1.5pt;mso-border-bottom-alt:
solid black 1.5pt;padding:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm"><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:
&quot;Book Antiqua&quot;">JUDGMENT<o:p></o:p>

</div>

The Plaintiff a limited
liability company dealing
in the purchase and sale of cocoa beans claimed against the Defendant,
a bank the following:<o:p></o:p>

&nbsp;

1.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
A declaration that the refusal by the
Defendant to release to the Plaintiff, the sum of US$2 million
standing to the credit of the Plaintiff in its account with the Defendant since July
2011, is unlawful, unfair, unreasonable and capricious.<o:p></o:p>

2.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-variant-position: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: &quot;Times New Roman&quot;;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery of the sum of US$2 million
from the Defendant being the transfer amount to the benefit of the
Plaintiff which said sum the Defendant has been illegally holding onto since
July 2011.<o:p></o:p>