MR. ISAAC KWADWO GYASI V. MR. KWAKU NNURO & ORS

JUDGMENT

By a Writ of Summons and Statement of Claim filed on April 24, 2015, the Plaintiff brought this action to this Honourable Court seeking reliefs contained in the Writ of Summon as follows:

A. A recovery of an amount of SEVENTY-FOUR THOUSAND UNITED STATES DOLLARS($74,000.00) or its equivalent in Ghana Cedi being refundable amount the Plaintiff paid to the Defendants.

B. Interest at the current commercial bank rate on the sum claimed in relief (a)from December 7,2014 till date of final payment.

C. Recovery of the sum of NINETEEN THOUSAND, SIX HUNDRED AND FIFTEEN GHANA CEDIS(GH₡19,615) being the Plaintiff's total share of declared profits from February 2014 to November 2014.

D. Interest on the declared profits in relief (c) from November 2014 till date of final payment.

The Plaintiff’s Case

The gravamen of the plaintiff’s case is that he entered into a refundable working capital agreement with the defendant for the importation of goods from China, and that the said agreement was reduced…