DOUGLAS K. ASIEDU (PLAINTIFF) vs. WILLIAM QUARTEY (DEFENDANT) [2018]DLHC7299

Date	2018-10-16
Suit No.	SUIT NO. RPC/256/15
Citation No.	[2018]DLHC7299

HIS LORDSHIP GEORGE K. KOOMSON (J).

BRIGHT OKYERE-ADJEKUM FOR PLAINTIFF

JAH JOSIAH FOR DEFENDANT

[2018]DLHC7299
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													<main id="main" class="content" style="min-height: 60rem" >DOUGLAS K. ASIEDU<o:p></o:p>(PLAINTIFF)<o:p></o:p>vs.<o:p></o:p>WILLIAM QUARTEY<o:p></o:p>(DEFENDANT)<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. RPC/256/15&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; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;DATE:
16TH OCTOBER, 2018<o:p></o:p>

</div>COUNSEL: <o:p></o:p>BRIGHT OKYERE-ADJEKUM FOR
PLAINTIFF<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
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JAH
JOSIAH FOR DEFENDANT<o:p></o:p>

</div>CORAM:<o:p></o:p>HIS LORDSHIP GEORGE K.
KOOMSON (J).<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
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<p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-top-alt:solid windowtext 1.5pt;
mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:1.0pt 0in 1.0pt 0in">JUDGMENT<o:p></o:p>

</div>By the Amended Writ of Summons, the
Plaintiff claim against the Defendant the following reliefs:<o:p></o:p>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Recovery
of the sum of USD 180,000.00 being Defendant’s indebtedness to Plaintiff as of
29th December, 2009.<o:p></o:p>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Interest
on the said USD 180,000.00 from 30th December, 2009 till date of
final payment.<o:p></o:p>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
An
order lifting the veil of incorporation of Defendant’s Company, Tradex
Resources Foundation for Defendant to be saddled with liability for the USD 140,000.00
cheque issued in the name of Tradex Resources Foundation.<o:p></o:p>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Such
further or other reliefs as in the circumstances may appear just.<o:p></o:p>The case of the Plaintiff is that on
the 4th November, 2009 the Defendant requested him to advance the
sum of USD 150,000.00 by way of investment in the Defendant’s business.&nbsp; The Plaintiff contends that he agreed to
advance the money to the Defendant.&nbsp; The
two of them entered into an agreement which was reduced into writing.&nbsp; The Plaintiff therefore tendered the written
agreement as Exhibit ‘A’.<o:p></o:p>According to the Plaintiff at the
direction of the Defendant, he effected payment of the amount as follows:<o:p></o:p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The
sum of USD 140,000.00 was paid by a Prudential Banker’s Draft in the name of
Tradex Resources Foundation.<o:p></o:p>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;