AUGUSTINE AMOAKO vs INTERCONTINENTAL WAPIC INSURANCE [2016]DLHC16343

Date	2016-03-14
Suit No.	SUIT NO. AC 107/2013
Citation No.	[2016]DLHC16343

HIS LORDSHIP MR. ANTHONY K. YEBOAH J.

FRANK NARTEY ESQ

SALLY HAYFRON-BENJAMIN BOATEN

[2016]DLHC16343
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													<main id="main" class="content" style="min-height: 60rem" ><a name="_Hlk146980440"></a><a name="_Hlk146981432">AUGUSTINE AMOAKO<o:p></o:p></a><span style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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100.0%;mso-effects-shadow-anglekx:0;mso-effects-shadow-angleky:0">&nbsp;(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>INTERCONTINENTAL
WAPIC INSURANCE<o:p></o:p>(DEFENDANTS)<span style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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100.0%;mso-effects-shadow-anglekx:0;mso-effects-shadow-angleky:0;mso-bidi-font-weight:
bold"><o:p></o:p>[HIGH COURT, ACCRA]<o:p></o:p>&nbsp;<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;">

SUIT NO. AC 107/2013&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: 14TH MARCH, 2016<o:p></o:p>

</div>COUNSEL<o:p></o:p>FRANK NARTEY
ESQ., FOR PLAINTIFF&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; margin-left: 0cm; margin-right: 33.25pt;">

SALLY HAYFRON-BENJAMIN BOATEN(MS.) FOR DEFENDANT&nbsp; <o:p></o:p>

</div>CORAM<o:p></o:p>HIS LORDSHIP MR. ANTHONY
K. YEBOAH, J.<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;line-height:115%;
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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>&nbsp;BY COURT:&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>In this civil action which sounds in
the Law of Commerce, the central
issue is whether
it is lawful to pay over to the Plaintiff the value of the
performance bond posted by DW1 (Caradoc Mills Lamptey) to the Plaintiff.<o:p></o:p>The Plaintiff is Augustine Amoako, the
proprietor of Amoanicom Ventures; the Defendant is Intercontinental WAPIC
Insurance Co. Ltd which secured the performance of the contract entered
into between the Plaintiff and DW1.<o:p></o:p>Caradoc Mills Lamptey who testified as
DW1 for the Defendant in this suit is a business
consultant as far as the evidence on the Courts record goes.<o:p></o:p>The Plaintiff caused the Writ of
Summons in this action to issue on 19th &nbsp;November 2012 claiming against the Defendant the sum of US$110,000 as the sum payable
by the Defendant to the Plaintiff in terms of the Performance Bond with
Guarantee No.<o:p></o:p>IW/0766/2011/PB/HO executed
by the Defendant</main>