GAKPETOR GEORGE KOBLA & 29 ORS V. TSYOKPLO BRIGHT & 3 ORS
(2023) JELR 112045 (HC)
High Court
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E2/53/2015
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26 Jul 2023
•
Ghana
Coram
CHARITY A. ASEM (MRS.), J
Appearances
MR RAYMOND AKPATSA FOR PLAINTIFFS
MR KOKU AKUDE FOR DEFENDANTS
Judgement
<p class="ql-align-center"><strong><u><span style="background-color: transparent">JUDGMENT</span></u></strong></p><p><span style="background-color: transparent">The Plaintiffs numbering 30 individuals sued the Defendants for the following claims.</span></p><p><span style="background-color: transparent">a) Recovering of the sum of GH¢263,125.68 being investments made by the plaintiffs’ in the defendants’ business and the accrued interest.</span></p><p><span style="background-color: transparent">b) Interest on the said sum of GH¢263,125.68 at the prevailing bank rate from the various dates of maturity of plaintiffs’ investment to date of find payment.</span></p><p><span style="background-color: transparent">c) Cost including legal fees.</span></p><p><span style="background-color: transparent"> The plaintiffs described themselves as businessmen and women, civil servants and artisans who have invested their monies into defendants’ company.</span></p><p><span style="background-color: transparent">That, 1st and 2nd defendants are the directors of the 4th defendant’s Limited Liability Company. The 3rd defendant is the secretary to the 4th defendant’s company.</span></p><p><strong><u><span style="background-color: transparent">CASE OF THE PLAINTIFFS</span></u></strong></p><p><span style="background-color: transparent">It is plaintiffs case that sometime in June 2010 the defendants issue invitation to the general public as to prospects of participating in the 4th defendant’s company. According to plaintiffs, defendants promised various rates of interest on any amo…</span></p>