NII AMANOR DODOO & THE BEIGE BANK vs. MICHAEL NYINAKU & 12 ORS [2019]DLHC9225

Date	2019-07-30
Suit No.	SUIT NO.CM/RPC/0962/2019
Citation No.	[2019]DLHC9225

HER LADYSHIP JUSTICE JENNIFER ABENA DADZIE

ACE ANAN ANKOMAH ESQ. OF BENTSI-ENCHILL LETSA AND ANKOMA NO. 4 MOMOTSE AVENUE ADABRAKA ACCRA COUNSEL FOR PLAINTIFFS

YAW D. OPPONG ESQ. OF OPPONG & ASSOCIATES 145 OTSOKRIKRI ST. ADJACENT GHANA REVENUE AUTHORITY ADABRAKA ACCRA COUNSEL FOR 2ND 3RD 4TH 5TH 6TH AND 9TH DEFENDANTS

THADDEUS SORY ESQ. OF SORY @ LAW NO. 4 2ND CLOSE BOUNDARY ROAD EXTENSION NEAR UBA EAST LEGON ACCRA FOR 1ST 7TH 8TH 10TH 11TH 12TH AND 13TH DEFENDANTS

[2019]DLHC9225
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													<main id="main" class="content" style="min-height: 60rem" >NII AMANOR DODOO &amp; THE BEIGE BANK<o:p></o:p><p class="MsoListParagraphCxSpFirst" align="center" style="margin-top:0cm;
margin-right:0cm;margin-bottom:0cm;margin-left:18.0pt;margin-bottom:.0001pt;
mso-add-space:auto;text-align:center;line-height:normal">(PLAINTIFFS/RESPONDENTS)<o:p></o:p>vs.<o:p></o:p>MICHAEL NYINAKU &amp; 12 ORS<o:p></o:p>(DEFENDANTS/APPLICANTS)<o:p></o:p>[HIGH COURT, ACCRA]<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">

</div>COUNSEL:<o:p></o:p>ACE ANAN ANKOMAH ESQ., OF
BENTSI-ENCHILL, LETSA AND ANKOMA, NO. 4 MOMOTSE AVENUE, ADABRAKA, ACCRA,
COUNSEL FOR PLAINTIFFS.<o:p></o:p>YAW D. OPPONG ESQ., OF OPPONG &amp; ASSOCIATES, 145
OTSOKRIKRI ST. ADJACENT GHANA REVENUE AUTHORITY, ADABRAKA, ACCRA, COUNSEL FOR 2ND,
3RD, 4TH, 5TH, 6TH AND 9TH
DEFENDANTS.<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:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt;
padding:0cm;mso-padding-alt:0cm 0cm 1.0pt 0cm">THADDEUS SORY, ESQ., OF SORY @ LAW, NO. 4, 2ND
CLOSE, BOUNDARY ROAD EXTENSION, NEAR UBA, EAST LEGON, ACCRA FOR 1ST,
7TH, 8TH, 10TH, 11TH, 12TH
AND 13TH DEFENDANTS<o:p></o:p>

<p class="MsoNormal" align="center" style="margin-bottom:0cm;margin-bottom:.0001pt;
text-align:center;line-height:normal;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><o:p>&nbsp;</o:p>This
is an application by the 2nd to 6th and 9th
Defendants/Applicants herein, hereafter referred to as “Applicants”, invoking
the original jurisdiction of this court for an order to strike out the instant
suit on the basis that it was commenced by a person that is the 1st
Plaintiff/Respondent, without the requisite capacity.<o:p></o:p>The facts of the case
as can be gleaned from the records reveal that the 1st
Plaintiff/Respondent, as Receiver of The Beige Bank, (hereinafter referred to
as “the Bank/2nd Plaintiff/Respondent”) identified a number of
transactions executed by the Defendants to the suit that he alleges are
unlawful. These include loans, advances and the acquisition of assets using the
funds of the Bank made by the 1st Defendant for his and the benefit
of the other Defendants. In this light, on June 14, 2019, the 1st
Plaintiff/Respondent caused a Writ of Summons and a Statement of Claim to be
issued against the Defendants. On June 20, 2019 upon application by the Bank
and pursuant to an order of the court granting same, the Bank was joined to the
suit as 2nd Plaintiff. The Plaintiffs (herein referred to
collectively as “Respondents”) claimed the following reliefs per the amended
Writ of Summons and Statement of Claim:<o:p></o:p>“a.
A declaration that 1st Defendant has breached his duties as director
of 2nd Plaintiff and is liable for all the losses to 2nd
Plaintiff occasioned by the breaches; <o:p></o:p><p class="MsoListParagraphCxSpFirst" style="margin-top:0cm;margin-right:36.0pt;
margin-bottom:8.0pt;margin-left:54.0pt;mso-add-space:auto;text-align:justify;
text-indent:-18.0pt;line-height:150%;mso-list:l1 level1 lfo1;tab-stops:460.7pt">b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; A declaration that the
various transactions described in the statement of claim between 2nd
Plaintiff and Defendants are unlawful;<o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0cm;margin-right:36.0pt;
margin-bottom:8.0pt;margin-left:54.0pt;mso-add-space:auto;text-align:justify;
text-indent:-18.0pt;line-height:150%;mso-list:l1 level1 lfo1;tab-stops:460.7pt">c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; An order for 1st
Defendant to account and refund to Plaintiffs for any profit resulting from
property transactions with or through 12th Defendant, and for a
further order rescinding all other transactions entered into between 2nd
Plaintiff and Defendants;<o:p></o:p><p class="MsoListParagraphCxSpMiddle" style="margin-top:0cm;margin-right:36.0pt;
margin-bottom:8.0pt;margin-left:54.0pt;mso-add-space:auto;text-align:justify;
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