CHEMITECH LTD vs. STANBIC BANK GH LTD [2017]DLHC3288

Date	2017-02-28
Suit No.	SUIT NO. OCC/58/2015
Citation No.	[2017]DLHC3288

ERIC K. BAFFOUR ESQ. JUSTICE OF THE HIGH COURT

PLAINTIFF REPRESENTED BY MINTAH GYAMPOH PRESENT

DEFENDANT REPRESENTED BY HENRY MYLES MILLS

BENJAMIN AMPOMA BOATEN ESQ. FOR PLAINTIFF PRESENT

OBENG SAKYI ESQ. FOR DEFENDANT PRESENT

[2017]DLHC3288
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													<main id="main" class="content" style="min-height: 60rem" >CHEMITECH LTD<o:p></o:p>vs.<o:p></o:p>STANBIC BANK GH LTD<o:p></o:p>[HIGH COURT
(COMMERCIAL DIVISION), ACCRA]<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">

SUIT NO.
OCC/58/2015&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;28TH
FEBRUARY, 2017<o:p></o:p>

</div>COUNSEL:<o:p></o:p>PLAINTIFF REPRESENTED BY MINTAH GYAMPOH PRESENT<o:p></o:p>DEFENDANT REPRESENTED BY HENRY MYLES MILLS<o:p></o:p>BENJAMIN AMPOMA BOATEN, ESQ. FOR PLAINTIFF PRESENT<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">

OBENG SAKYI,
ESQ. FOR DEFENDANT PRESENT <o:p></o:p>

<p class="MsoNormal" align="center" style="text-align:center;line-height:115%;
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solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">JUDGEMENT<o:p></o:p>

</div>Some of the core pillars of defendant as per its code
of conduct are, inter alia, determining customer needs responsibly, providing
excellent products, services and solutions, combating bad and or inappropriate
services, being fair to customers and to its shareholders the obligation to
protect Standard Bank’s name and reputation. There is much more at stake in
this case than a demand for compensation. As the very core beliefs that
defendant profess is at stake. Whiles defendant seeks to protect its name,
reputation and create wealth and prosperity for its shareholders, plaintiff
posit that defendant had not been fair to him and that if good name, reputation
and in recent times cosmetic projections of the banks under the guise of
corporate social responsibility is befitting for defendant to survive in the
highly competitive banking industry, then it is equally entitled to such good
reputation as what is good for the goose, after all, is equally good for the
gander. As to whether defendant met the very lofty and high sounding goals it
has set in its code of conduct would be seen infra.<o:p></o:p><o:p>&nbsp;</o:p>Plaintiffs per their amended writ filed on the 15th
of June, 2016 seeks for the following:<o:p></o:p><o:p>&nbsp;</o:p><span 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;;
mso-ansi-language:EN-US">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Declaration that
defendant was consistently and repeatedly negligent for failing to send the
authorization for payment of 1st plaintiff’s bank draft within the
stipulated time and in the general handling of 1st plaintiff’s
banker’s draft to Comma Oil.<o:p></o:p><o:p>&nbsp;</o:p><span 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;;
mso-ansi-language:EN-US">ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An order for the payment of general damages for
negligence and general in convenience caused to the Plaintiffs.<o:p></o:p><o:p>&nbsp;</o:p><span 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;;
mso-ansi-language:EN-US">iii.&nbsp;&nbsp;&nbsp;&nbsp; An order for the payment of compensatory damages for
loss of business; of anticipated income and profits; loss of customers; loss of
corporate reputation.<o:p></o:p><o:p>&nbsp;</o:p><span 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;;
mso-ansi-language:EN-US">iv.&nbsp;&nbsp; An order for the payment of compensatory damages for
causing embarrassment, anxiety and anguish to Plaintiffs, particularly, 2nd
Plaintiff.<o:p></o:p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <o:p></o:p>