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NDK FINANCIAL SERVICES LIMITED V. HEART OF LIONS FOOTBALL CLUB LTD. AND VICTOR K. AHIAKPOR

(2017) JELR 64981 (HC)

High Court  •  SUIT NO. BFS/172/2014  •  26 Oct 2017  •  Ghana

Coram
AKUA SARPOMAA AMOAH (MRS.) JUSTICE OF THE HIGH COURT

Judgement

JUDGMENT

By a writ dated the 25th day of June, 2014, the Plaintiff sued the Defendants for the following reliefs:

“1. Recovery of the sum of One Hundred and Seventy-One Thousand, One Hundred and Thirty-Three Ghana Cedis, Eighteen Pesewas (GHȼ171,133.18) against the Defendants jointly and severally.

2. Interest on the said sum of One Hundred and Seventy-One Thousand, One Hundred and Thirty-Three Ghana Cedis, Eighteen Pesewas (GHȼ171,133.18) at the rate of

4.5% per month basis from 31st May, 2014 till date of final payment against

Defendants jointly and severally.

3. A default charge of 2.5% of the total judgement debt (exclusive of costs).”

The Plaintiff’s case is that it is a Ghanaian registered non-bank financial institution.

The 1st Defendant is a customer of the Plaintiff and also a company duly registered under the laws of Ghana.

Plaintiff avers that, on or about the 15th day of April, 2013, it granted and disbursed a loan facility of Fifty Thousand U.S. Dollars (US$50,000.00) to the 1st D…

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