[2022]DLCA15127 Login to Read Full Case <span style="font-size: 18px !important;"><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">CHANCELLOR OPPONG KYEKYEKU KOHL<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">H/NO. B. A. 76 BANTAMA, KUMASI<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><i><span lang="en-DE" style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";mso-ansi-language:#2000">(</span></i><i><span style="font-size:10.0pt;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">PLAINTIFF/APPELLANT</span></i><i><span lang="en-DE" style="font-size:10.0pt; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"; mso-ansi-language:#2000">)</span></i><i><span style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman""><o:p></o:p></span></i></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">vs.<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">CONSOLIDATED BANK GHANA (CBG)<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";color:#00B0F0">NSUASE ADUM BRANCH, KUMASI<o:p></o:p></span></b></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><i><span lang="en-DE" style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";mso-ansi-language:#2000">(</span></i><i><span style="font-size:10.0pt;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">DEFENDANT/RESPONDENT</span></i><i><span lang="en-DE" style="font-size:10.0pt; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"; mso-ansi-language:#2000">)<o:p></o:p></span></i></p><p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal"><span style="font-size:10.0pt;font-family: "Book Antiqua",serif">[COURT OF APPEAL, KUMASI]</span><span style="font-size: 10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman""><o:p></o:p></span></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: 0in 0in 1pt;"> <p class="MsoNormal" align="center" style="margin-bottom:0in;margin-bottom:.0001pt; text-align:center;line-height:normal;border:none;mso-border-bottom-alt:solid windowtext 1.5pt; padding:0in;mso-padding-alt:0in 0in 1.0pt 0in"><span style="font-size:10.0pt; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">CIVIL APPEAL NO.: H1/95/2021</span><span lang="en-DE" style="font-size:10.0pt; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"; mso-ansi-language:#2000"> </span><span lang="en-DE" style="font-size:10.0pt;font-family:"Times New Roman",serif; mso-ansi-language:#2000"> </span><span lang="en-DE" style="font-size:10.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman";mso-ansi-language:#2000"> </span><span style="font-size:10.0pt; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">DATE: 28TH NOVEMBER, 2022<o:p></o:p></span></p> </div><p class="MsoNormal" style="text-align:justify;line-height:normal"><b><span style="font-size:12.0pt;font-family: "Book Antiqua",serif">COUNSEL<o:p></o:p></span></b></p><p class="MsoNormal" style="text-align:justify;line-height:normal"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">For the Plaintiff/Appellant – IN PERSON<o:p></o:p></span></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: 0in 0in 1pt;"> <p class="MsoNormal" style="text-align:justify;line-height:normal;border:none; mso-border-bottom-alt:solid windowtext 1.5pt;padding:0in;mso-padding-alt:0in 0in 1.0pt 0in"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif">ADJEI BEDIAKO with AKUA NYANTEKYIWAA SARPONG for the Defendant/Respondent.<o:p></o:p></span></p> </div><p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman"">CORAM<o:p></o:p></span></b></p><p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;text-align: justify;line-height:normal"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">ANGELINA M. DOMAKYAAREH (MRS.) J A (PRESIDING)</span><span lang="en-DE" style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-ansi-language:#2000">, </span><span style="font-size:12.0pt;font-family: "Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">ALEX B. POKU-ACHEAMPONG J A</span><span lang="en-DE" style="font-size:12.0pt;font-family: "Times New Roman",serif;mso-ansi-language:#2000">, </span><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-bidi-font-family: "Times New Roman"">SAMUEL K. A. ASIEDU J A<o:p></o:p></span></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 0in;"> <p class="MsoNormal" align="center" style="text-align:center;line-height:150%; 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"><b><span lang="en-DE" style="font-size:12.0pt; line-height:150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"; mso-ansi-language:#2000">JUDGMENT</span></b><b><span lang="en-DE" style="font-size:12.0pt;line-height:150%;font-family: "Times New Roman",serif;mso-ansi-language:#2000"><o:p></o:p></span></b></p> </div><p class="MsoNormal" style="text-align:justify;line-height:150%"><b><span style="font-size:12.0pt;line-height: 150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">DOMAKYAAREH (MRS.), JA:</span></b><b><span lang="en-DE" style="font-size:12.0pt;line-height:150%;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman";mso-ansi-language:#2000"><o:p></o:p></span></b></p><p class="MsoNormal" style="text-align:justify;line-height:150%"><b><span style="font-size:12.0pt;line-height: 150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">[1] </span></b><span style="font-size:12.0pt;line-height:150%;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">This judgment is in respect of the substantive appeal in this case. Per the Notice of Appeal filed on 9<sup>th</sup> April, 2021, the appeal is against the Ruling of the Circuit Court, Kumasi, dated 19th March, 2021. In this judgment, for ease of reference, the Plaintiff/Appellant will be referred to as the Appellant while the Defendant/ Respondent will be referred to as the Respondent.<o:p></o:p></span></p><p class="MsoNormal" style="margin-bottom:6.0pt;text-align:justify;line-height: 150%"><b><span style="font-size:12.0pt; line-height:150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">[2] </span></b><span style="font-size:12.0pt;line-height:150%;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">On the 26<sup>th</sup> of May, 2022 this Court delivered a Ruling overruling a Preliminary Legal objection raised by the Respondent herein to the hearing of this appeal on its merits. The facts and the trajectory of this case are sufficiently stated in the said Ruling with<b> Suit No. H1/95/2021 dated 26<sup>th</sup> May 2022 (Unreported). </b>The facts therein and the trajectory of the case will be repeated in this judgment as same also form the foundation of this judgment.<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:150%"><b><span style="font-size:12.0pt;line-height: 150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">[3] </span></b><span style="font-size:12.0pt;line-height:150%;font-family:"Book Antiqua",serif; mso-bidi-font-family:"Times New Roman"">The Appellant issued a Writ of Summons from the Registry of the Circuit Court, Kumasi on 30<sup>th</sup> May, 2019 against the Respondent Bank herein, claiming the under listed reliefs: - <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify;line-height:150%"><b><span style="font-size:12.0pt;line-height: 150%;font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">RELIEFS:<o:p></o:p></span></b></p><p class="MsoListParagraphCxSpFirst" style="margin-left:0in;mso-add-space:auto; text-align:justify;text-indent:0in;line-height:150%;mso-list:l2 level1 lfo1"><!--[if !supportLists]--><span style="font-size:12.0pt;line-height:150%;font-family:"Book Antiqua",serif; mso-fareast-font-family:"Book Antiqua";mso-bidi-font-family:"Book Antiqua"">1.<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: "Times New Roman";"> </span></span><!--[endif]--><span style="font-size:12.0pt;line-height:150%; font-family:"Book Antiqua",serif;mso-bidi-font-family:"Times New Roman"">An order to compel the Defendant to pay the remaining balance of Plaintiff’s interest amount of <b>GH¢32,493.2</b> of his one year investment of <b>GH¢198,000.00</b> at