FERNANDO BAETA V. EXOFUND MONEY LENDING
(2019) JELR 107244 (HC)
High Court
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GJ/98/2019
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25 Mar 2019
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Ghana
Coram
GIFTY AGYEI ADDO
Appearances
PAPA KWEGYIR-AGGREY, FOR PATRICK SOGBODJOR, THE PLAINTIF.
E.A. VORDOAGU FOR THE DEFENDANT.
Judgement
<p> </p><p> </p><h2 class="ql-align-center"> JUDGMENT </h2><p><strong>ADDO, J.</strong></p><p>The Plaintiff on 24th October, 2018 mounted the instant suit against the Defendant for the following reliefs: </p><p>1. An order for payment of the sum of GH¢100,600.00 being the outstanding principal sum. </p><p>2. An order for the payment of the sum of GH¢43,500.00 being the outstanding accrued interest as at 26/09/2018. </p><p>3. Costs in the cause with liberty to apply. </p><p>4. Any other relief(s) as to the Honourable Court may seem meet. </p><p>Per the records of the Court, the Writ of Summons and accompanying Statement of Claim were served on the Defendant on 10th November, 2018, through its Managing Director. </p><p>The gravamen of the Plaintiff’s claim is contained in paragraphs 3 to 9 of the Statement of Claim, a summation of which is as follows: </p><p>The Plaintiff states that sometime in March, 2016, he invested an amount of Two Hundred Thousand Ghana Cedis (GH¢200,000.00) with the Defendant company at a monthly interest rate of 3.5%. The Plaintiff states further that the duration of the said inves…</p>