[2014]DLHC17293 Login to Read Full Case <span style="font-size: 18px !important;"><div class="WordSection1"> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><a name="_Hlk154138250"></a><a name="_Hlk152146143"><b><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua";color:#00B0F0">ECOBANK GHANA LTD <o:p></o:p></span></b></a></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><i><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua"">(PLAINTIFF)<o:p></o:p></span></i></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><b><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua";color:#00B0F0">`vs.<o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><b><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua";color:#00B0F0">KRIFAS TELECOM LTD, THYWILL BUSINESS & <o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><b><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua";color:#00B0F0">INVESTMENT LTD & 3ORS. <o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><i><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua"">(DEFENDANT)</span></i><b><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height: 115%;font-family:"Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua"; mso-bidi-font-family:"Book Antiqua";color:#00B0F0"><o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center;line-height:115%; tab-stops:4.5pt"><span style="font-size:10.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua"">[HIGH COURT, ACCRA]<o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt 168.75pt"><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua""> </span></p> <div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: black; padding: 0cm 0cm 1pt;"> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt; border:none;mso-border-bottom-alt:solid black 1.5pt;padding:0cm;mso-padding-alt: 0cm 0cm 1.0pt 0cm"><a name="_heading=h.gjdgxs"></a><span style="font-size:10.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua"">Suit No. BFS/158/13 DATE: 2<sup>ND</sup> SEPTEMBER 2014</span><b><span style="font-size:12.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua""><o:p></o:p></span></b></p> </div> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt"><b><span style="font-size:12.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua"">COUNSEL<o:p></o:p></span></b></p> <div style="border-top: none; border-right: none; border-left: none; border-image: initial; border-bottom-width: 1.5pt; border-bottom-color: windowtext; padding: 0cm 0cm 1pt;"> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt; border:none;mso-border-bottom-alt:solid windowtext 1.5pt;padding:0cm; mso-padding-alt:0cm 0cm 1.0pt 0cm"><span style="font-size:12.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua";mso-bidi-font-weight:bold">GODWIN DJOKOTOE FOR PLAINTIFF <o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt; border:none;mso-border-bottom-alt:solid windowtext 1.5pt;padding:0cm; mso-padding-alt:0cm 0cm 1.0pt 0cm"><span style="font-size:12.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua";mso-bidi-font-weight:bold">ERNEST GAEWU FOR 1ST TO 4TH DEFENDANTS ERNEST GEMADZIE FOR 5TH DEFENDANT<o:p></o:p></span></p> </div> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt"><b><span style="font-size:12.0pt;mso-bidi-font-size: 11.0pt;line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family: "Book Antiqua";mso-bidi-font-family:"Book Antiqua"">CORAM <o:p></o:p></span></b></p> <p class="MsoNormal" style="text-align:justify;line-height:115%;tab-stops:4.5pt"><span style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua",serif; mso-bidi-font-weight:bold">JENNIFER DODOO (MRS)</span><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua";mso-bidi-font-weight:bold"><o:p></o:p></span></p> <div style="border-top-width: 1.5pt; border-top-color: black; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: black; border-right: none; padding: 1pt 0cm;"> <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"><b><span style="font-size:12.0pt;mso-bidi-font-size:11.0pt;line-height:115%;font-family: "Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family: "Book Antiqua"">JUDGMENT</span></b><b><span style="font-family:"Book Antiqua",serif; mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family:"Book Antiqua""><o:p></o:p></span></b></p> </div> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif">The Plaintiff’s claim against the Defendants jointly and severally was for the recovery of the sum of GH¢1,358,295.93 together with interest at a rate of<span style="letter-spacing: 2.0pt"> </span>23.5% per annum from June 21, 2013 till date of final payment.<o:p></o:p></span></p> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif"> </span></p> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif">The Plaintiff also had a claim in the alternative against the 5<span style="position:relative; top:-4.5pt;mso-text-raise:4.5pt">th<span style="letter-spacing:2.0pt"> </span></span>Defendant for an order directed at the 5<span style="position:relative;top:-4.5pt; mso-text-raise:4.5pt">th<span style="letter-spacing:2.0pt"> </span></span>Defendant to pay an amount of GH¢1,142,240.00 together with interest due the 1<span style="position:relative;top:-4.5pt;mso-text-raise:4.5pt">st<span style="letter-spacing:1.3pt"> </span></span>and 2<span style="position:relative; top:-4.5pt;mso-text-raise:4.5pt">nd<span style="letter-spacing:1.2pt"> </span></span>Defendants on the fixed deposit held by the 5<span style="position:relative;top:-4.5pt; mso-text-raise:4.5pt">th<span style="letter-spacing:2.0pt"> </span></span>Defendant to the Plaintiff.<o:p></o:p></span></p> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif"> </span></p> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif">The Plaintiff’s case put simply was that it had disbursed a series of facilities to<span style="letter-spacing:2.0pt"> </span>the 1<span style="position:relative; top:-4.5pt;mso-text-raise:4.5pt">st<span style="letter-spacing:1.8pt"> </span></span>Defendant, a limited liability company.<span style="letter-spacing:2.0pt"> </span>These were as follows:<o:p></o:p></span></p> <p class="MsoBodyText" style="margin-left:0cm;text-align:justify;line-height: 115%"><span style="font-family:"Book Antiqua",serif"> </span></p> <p class="MsoListParagraph" style="line-height:115%;mso-list:l3 level1 lfo7; tab-stops:42.9pt 43.0pt"><!--[if !supportLists]--><span style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua"; mso-bidi-font-family:"Book Antiqua"">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: "Times New Roman";"> </span></span><!--[endif]--><span style="font-size:12.0pt;line-height:115%;font-family:"Book Antiqua",serif">A<span style="letter-spacing:-.05pt"> </span>credit<span style="letter-spacing:-.05pt"> </span>facility in the nature<span style="letter-spacing:-.05pt"> </span>of<span style="letter-spacing:-.05pt"> </span>an<span style="letter-spacing:-.05pt"> </span>overdraft<span style="letter-spacing:-.05pt"> </span>of<span style="letter-spacing:-.05pt"> </span>GH¢200,000.00<span style="letter-spacing:-.05pt"> </span>on<span style="letter-spacing:-.05pt"> </span>May 13, <span style="letter-spacing:-.1pt">2010’</span><o:p></o:p></span></p> <p class="MsoListParagraph" style="line-height:115%;mso-list:l3 level1 lfo7; tab-stops:43.0pt"><!--[if !supportLists]--><span style="font-size:12.0pt; line-height:115%;font-family:"Book Antiqua",serif;mso-fareast-font-family:"Book Antiqua"; mso-bidi-font-family:"Book Antiqua"">2.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-o