The Plaintiff in this suit commenced an action against the Defendant for the recovery of the sum of GH¢111,500.00 and interest thereon.
It is the Plaintiff’s case that the amount being claimed represents the total investment deposits which he made with the Defendant financial institution, but the Defendant has refused to honour his requests for the withdrawal of the same.
The Defendant’s case is that the Plaintiff has never been its customer and the company does not owe him in any way.
The main issue for determination is whether or not the Defendant Financial Institution is indebted to the Plaintiff in the sum of GH¢111,500.00? To resolve this issue effectively, the court must first determine whether the Plaintiff invested or deposited any money in the Defendant Company and second, whether the Plaintiff is, or was, a customer of the Defendant.
Counsel for the Defendant who was present when a date was fixed for the trial to commence, failed to attend court on the scheduled date. T…