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FAUSTINUS KOFI KORANTENG v. GOLD COAST FUND MANAGEMENT LIMITED

(2019) JELR 107242 (HC)

High Court  •  GJ/405/2019  •  11 Feb 2019  •  Ghana

Coram
GIFTY AGYEI ADDO

Judgement

S U M M A R Y  J U D G M E N T

On 5th December, 2018, the Plaintiff mounted this suit against the Defendant for the reliefs endorsed on the Writ of Summons and Statement of Claim, which are as follows:.

a) Recovery of the investment sum of GH224.614.94 being the principal plus returns as at 22nd October, 2018.

b) Interest on the sum of GH224.614.94 at the prevailing bank rate from 22nd October, 2018.

c) Cost.

The gravamen of the Plaintiff’s claim is contained paragraphs 3 to 8 of the Plaintiff’s Statement of Claim, a summation of which is as follows:

According to the Plaintiff, for over four years now, he has been paying various sums of money to Defendant as fixed deposits with investment numbers TR-2013/118366, TR2014/145450, TR-2015/180328, TR-2014/157096 and Tr-2018/62701 respectively.

The Plaintiff further states that per the Structured Finance Statement/Customer Summary Statement that the Defendant printed for him on 10/16/2018, the total value at maturity of his investments …

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