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EMMANUEL NANA DABO v. McOTTLEY CAPITAL LIMITED

(2019) JELR 107232 (HC)

High Court  •  GJ/171/2018  •  19 Mar 2019  •  Ghana

Coram
GIFTY AGYEI ADDO

Judgement

S U M M A R Y   J U D G M E N T

On 25th August 2018, the Plaintiff instituted this action against the Defendant for the following reliefs as endorsed on the Writ of Summons and Statement of Claim:

a. Recovery for an amount of Three Hundred and Eighty Thousand, Five Hundred and Eighty- Two Ghana Cedis and Sixty Pesewas (GH₵ 380,582.60) as at February 2nd, 2018.

b. Recovery of interest on the sum of Three Hundred and Eighty Thousand, Five Hundred and Eighty-Two Ghana Cedis and Sixty Pesewas (GH₵ 380,582.60) from February 3rd, 2018 at the contractual rate of 32% per annum till date of final payment.

c. Costs.

The gravamen of the Plaintiff’s claim is contained in paragraphs 3 to 9 of the Plaintiff’s Statement of Claim, a summation of which is as follows:

According to the Plaintiff, on the 2nd of February, 2018, he invested an amount of Three Hundred and Eighty Thousand, Five Hundred and Eighty- Two Ghana Cedis and Sixty Pesewas (GH₵ 380,582.60) in a 365-day…

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