PRESTIGE CAPITAL LIMITED vs. LIBERTY ASSET MANAGEMENT LIMITED, ECOBANK GHANA LTD , FIDELITY BANK GHANA LTD AND ZENITH BANK GHANA LTD [2019]DLHC9040

PRESTIGE CAPITAL LIMITED vs. LIBERTY ASSET MANAGEMENT LIMITED, ECOBANK GHANA LT... [2019]DLHC9040

Date	2019-04-16
Suit No.	SUIT NO. CM/RPC/0426/18
Citation No.	[2019]DLHC9040

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

JAMES ODARTEY MILLS ESQ. OF LIBERTY CONSULT DANSOMAN ACCRA COUNSEL FOR PLAINTIFF/JUDGMENT/CREDITOR

ALFRED BANNERMAN WILLIAMS JNR. ESQ. OF SACKODAR CHAMBERS NORTH INDUSTRIAL AREA ACCRA COUNSEL FOR 1ST GARNISHEE BANK ECOBANK

KWAME AMENANO-TANNOR PEASAH BOADU & CO. ACRA COUNSEL FOR DEFENDANT/JUDGMENT/DEBTOR

[2019]DLHC9040
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													<main id="main" class="content" style="min-height: 60rem" ><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
color:#00B0F0;mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">PRESTIGE
CAPITAL LIMITED<o:p></o:p><span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(PLAINTIFF)<o:p></o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
color:#00B0F0;mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">vs.<o:p></o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
color:#00B0F0;mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">LIBERTY ASSET
MANAGEMENT LIMITED<o:p></o:p><span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(DEFENDANT),<span lang="EN-CA" style="font-size:12.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;color:#00B0F0;mso-ansi-language:EN-CA;
mso-fareast-language:EN-CA"> ECOBANK GHANA LTD <span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:
&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:
minor-fareast;mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(1ST
GARNISHEE BANK),<span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA"> FIDELITY
BANK GHANA LTD <span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(2ND GARNISHEE
BANK)<span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA"> AND
ZENITH BANK GHANA LTD <span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">(3RD GARNISHEE
BANK)<span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA"><o:p></o:p><span lang="EN-CA" style="font-size:10.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;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-CA;mso-fareast-language:EN-CA">[HIGH COURT (COMMERCIAL
DIVISION) ACCRA]<o:p></o:p><span lang="EN-CA" style="font-size:10.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;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-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:115%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span lang="EN-CA" style="font-size:10.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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-CA;mso-fareast-language:
EN-CA">SUIT NO. CM/RPC/0426/18&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 APRIL, 2019<o:p></o:p>

</div><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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-CA;mso-fareast-language:
EN-CA">COUNSEL:<o:p></o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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-CA;mso-fareast-language:
EN-CA">JAMES ODARTEY MILLS, ESQ. OF LIBERTY CONSULT, DANSOMAN, ACCRA, COUNSEL
FOR PLAINTIFF/JUDGMENT/CREDITOR<o:p></o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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-CA;mso-fareast-language:
EN-CA">ALFRED BANNERMAN WILLIAMS, JNR., ESQ., OF SACKODAR CHAMBERS, NORTH
INDUSTRIAL AREA, ACCRA, COUNSEL FOR 1ST GARNISHEE BANK, ECOBANK<o:p></o:p><div style="mso-element:para-border-div;border:none;border-bottom:solid windowtext 1.5pt;
padding:0cm 0cm 1.0pt 0cm;margin-left:0cm;margin-right:.2pt">

<p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align:
justify;line-height:115%;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm"><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
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-CA;mso-fareast-language:
EN-CA">KWAME AMENANO-TANNOR, PEASAH BOADU &amp; CO., ACRA, COUNSEL FOR
DEFENDANT/JUDGMENT/DEBTOR<o:p></o:p>

</div><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA">CORAM:<o:p></o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;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-CA;mso-fareast-language:EN-CA">HER LADYSHIP JUSTICE
JENNIFER ABENA DADZIE<o:p></o:p><div style="mso-element:para-border-div;border-top:solid windowtext 1.5pt;
border-left:none;border-bottom:solid windowtext 1.5pt;border-right:none;
padding:1.0pt 0cm 1.0pt 0cm">

<p class="MsoNormal" align="center" style="margin-bottom:0cm;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:0cm;mso-padding-alt:1.0pt 0cm 1.0pt 0cm"><span lang="EN-CA" style="font-size:12.0pt;
line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;mso-fareast-font-family:&quot;Times New Roman&quot;;
mso-fareast-theme-font:minor-fareast;mso-ansi-language:EN-CA;mso-fareast-language:
EN-CA">RULING<o:p></o:p>

</div><span lang="EN-CA" style="font-size:12.0pt;line-height:115%;font-family:&quot;Book Antiqua&quot;,serif;
mso-fareast-font-family:&quot;Times New Roman&quot;;mso-fareast-theme-font:minor-fareast;
mso-ansi-language:EN-CA;mso-fareast-language:EN-CA"><o:p>&nbsp;</o:p><span lang="EN-CA" style="font-size:12.0pt;line-height:
115%;font-family:&quot;Book Antiqua&quot;,serif;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-CA;mso-fareast-language:EN-CA">The question which the
Court has been called upon to answer is whether or not the 1st
garnishee bank, Ecobank, is liable to pay to the Plaintiff/Judgment/Creditor,
referred to hereafter as Plaintiff any sums it holds on account of the
Defendant/Judgment/Debtor, who is also referenced as Defendant hereafter,
pursuant to the order of garnishee nisi served on it.<o:p></o:p>