HFC BANK GHANA) LIMITED vs. JACOB ABEKA [2016]DLCA4845

Date	2016-12-21
Suit No.	CIVIL APPEAL NO: H1/34/2015
Citation No.	[2016]DLCA4845

AYEBI J.A. (PRESIDING)

TORKORNOO (MRS) J. A

DOMAKYAAREH (MRS) J. A

YAHAYA ADAM BRAIMAH FOR PLAINTIFF/APPELLANT

KWAME BOAFO FOR DEFENDANT/RESPONDENT

[2016]DLCA4845
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													<main id="main" class="content" style="min-height: 60rem" >HFC BANK
GHANA) LIMITED<o:p></o:p>(PLAINTIFF/APPELLANT)<o:p></o:p>vs.<o:p></o:p>JACOB ABEKA<o:p></o:p>(DEFENDANT/RESPONDENT)<o:p></o:p><o:p>&nbsp;</o:p>[COURT OF APPEAL, KUMASI]<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: H1/34/2015&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: 21ST
DECEMBER, 2016<span lang="EN-GB" style="font-size:10.0pt;line-height:115%;
font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-bidi-font-family:&quot;Times New Roman&quot;"><o:p></o:p>

</div>COUNSEL:<o:p></o:p>YAHAYA
ADAM BRAIMAH FOR PLAINTIFF/APPELLANT<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0in 0in 1.0pt 0in">

KWAME
BOAFO FOR DEFENDANT/RESPONDENT<o:p></o:p>

</div>CORAM: <span lang="EN-GB" style="font-size:
12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;mso-fareast-font-family:
&quot;Times New Roman&quot;;mso-bidi-font-family:&quot;Times New Roman&quot;"><o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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AYEBI J.A. (PRESIDING), TORKORNOO (MRS) J. A,
DOMAKYAAREH (MRS) J. A.<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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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0in;mso-padding-alt:0in 0in 1.0pt 0in">JUDGMENT<o:p></o:p>

</div><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-bidi-font-family:&quot;Times New Roman&quot;;mso-ansi-language:EN-US">TORKORNOO
(MRS), J.A.<o:p></o:p>The
background facts of this case were largely accepted by the parties. The Defendant/Respondent
is the customer of the Plaintiff/ Appellant bank. Between June and August of
2008, the Appellant allowed the Respondent to overdraw from his account up to
GH¢200,000 to enable him pay for the construction of a warehouse. Though there
was no facility agreement over the overdraft, the Respondent deposited the
title deed of property situate at Plot No. 31 Block ADB Parakuo Estate,
Adiembra, Kumasi as security for the credit facility. <o:p></o:p>Thereafter,
the Respondent failed to pay off the debit balance on his account.&nbsp; The Appellant’s amended Statement of Claim
was for the following reliefs:<o:p></o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery of the sum of One
Hundred and Thirty-one Thousand, One Hundred and Forty-Nine Ghana cedis,
Fourteen Ghana pesewas (GH¢131,149.14) inclusive of interest being outstanding
balance of an overdraft facility extended to Defendant by Plaintiff.<o:p></o:p><o:p>&nbsp;</o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest at the prevailing bank
rate from 1st May, 2011 till date of final payment.<o:p></o:p><o:p>&nbsp;</o:p><span lang="EN-GB" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,&quot;serif&quot;;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;">c.