COL. MIKE OHENE-ASANTE (RTD.) vs. YAW YIADOM BOAKYE-ANSAH [2016]DLHC11901

Date	2016-03-24
Suit No.	SUIT NO. BC24/2015
Citation No.	[2016]DLHC11901

HER LADYSHIP JUSTICE PATIENCE-MILLS TETTEH

COL. G. Y. TSAHEY (RTD.) FOR PLAINTIFF

G. H. QUIST FOR DEFENDANT

[2016]DLHC11901
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													<main id="main" class="content" style="min-height: 60rem" >COL. MIKE OHENE-ASANTE (RTD.) <o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p><a name="_heading=h.gjdgxs"></a>YAW YIADOM BOAKYE-ANSAH<span lang="EN-US" style="font-size:7.0pt;mso-bidi-font-size:10.0pt;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>(DEFENDANT)<o:p></o:p>[HIGH COURT, ACCRA]<o:p></o: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="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid black 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">SUIT NO. BC24/2015&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; DATE:
24TH&nbsp;MARCH 2016<o:p></o:p>

</div>COUNSEL&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; <o:p></o: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="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">COL. G. Y. TSAHEY
(RTD.) FOR PLAINTIFF <o:p></o:p>

</div>CORAM<o:p></o:p>HER LADYSHIP JUSTICE PATIENCE-MILLS
TETTEH<o:p></o:p><div style="border-top-width: 1.5pt; border-top-color: windowtext; border-left: none; border-bottom-width: 1.5pt; border-bottom-color: windowtext; border-right: none; padding: 1pt 0cm;">

<p class="MsoNormal" align="center" style="text-align:center;border:none;
mso-border-top-alt:solid windowtext 1.5pt;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm">JUDGMENT<o:p></o:p>

</div>Plaintiff
instituted this action on the 13/10/2014 for the refund to plaintiff the sum of
GHC233, 175.34 being the balance due on a friendly loan he granted to the
defendant at the agreed interest of 5% per month from 10/9/2010 to the date of
final payment.<o:p></o:p>&nbsp;<h1 style="margin-left:0cm;text-align:justify">THE CASE OF THE PLAINTIFF<o:p></o:p></h1>The
Plaintiff, Col. Mike Ohene –Asante a
retired Army officer now a farmer claims that his friend Mr. Yaw Yiadom Boakye
-Ansah a contractor approached him sometime in the year 2002 for a friendly
loan to carry out his construction businesses. According to the plaintiff he
sought a loan from NDK Financial
Service for an amount of GHC221, 000.00 for his friend. The plaintiff
stated that when the defendant
his friend defaulted
in the settlement of the loan
NDK sued for the recovery of the loan and NDK placed an embargo on plaintiff’s
account and plaintiff was joined as 3rd defendant. Judgment was entered against 1st and 2nd defendants
in the sum of GHC663.857.649. According to the plaintiff, unknown to him his
friend the defendant had approached NDK Financial Service for another loan in
his personal capacity and when he will not settle his indebtedness to the company he then approached
plaintiff for a series of friendly
loans to pay his indebtedness or face
the sale of his Odorkor residence which he has mortgaged to NDK Financial
Service as security for his loan. Plaintiff stated that the defendant convinced
him to advance various sums of money
to the defendant as follows;<o:p></o:p><span lang="EN-US" style="font-size:12.0pt;mso-bidi-font-size:14.0pt;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Book Antiqua&quot;;mso-bidi-font-family:&quot;Book Antiqua&quot;;
letter-spacing:-.05pt">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
9/11/2007