BAFFOE BONNIE JSC
This ruling is in respect of the application for Clarification and Review filed by the Plaintiff/Judgment Creditor/Applicant. Following an application for review of this court’s judgment, delivered on 25th July, 2018, this court gave a final order as follows:
1. The GH¢6,162,240 was to attract interest at the rate of 30% from 2nd June 2008 till date of the Supreme Court judgment (25/7/18), and thereafter, at the statutory rate of interest prevailing at the time of the main judgment.
2. The GH¢7,600,000 was to attract interest at the statutory rate as at 25/7/2018 from 2nd June, 2008 till date of payment.
Subsequent to the review ruling of the court, the plaintiff filed a motion on notice seeking to amend its entry of judgment filed on the basis of the main judgment. In the attached proposed entry of judgment, the plaintiff calculated the interest rate on the investment amount of GH¢6,162,240.00 on the basis of compound interest. Secondly he stated the statutory rat…