SONIAG COMPANY LIMITED AND A. K. SONIA VENTURES V. BOND SAVINGS AND LOANS LIMITED

JUDGMENT

ASIEDU, JSC:

[1]. FACTS

By a writ and amended statement of claim issued out from the Registry of the High Court, Accra, the Plaintiffs/Respondents/ Respondents (hereinafter called the Plaintiffs) claimed against the Defendant/Appellant/ Defendant/Cross Appellant (hereinafter referred to as the Defendant) the following reliefs:

1. Recovery of the sum of GH₵25, 726, 804.29 being aggregate of sums received by Defendant but not credited to plaintiffs account, shortfall in transfers made on behalf of plaintiffs, non-transfer of sums to plaintiffs’ suppliers and international erroneous charge (debit) to plaintiffs account of loan facilities and interest charged thereon.

2. Interest on the sum due from 7th September 2009 to date of final payment.

3. Damages for fraudulent misrepresentation.

4. Cost to include Solicitors fees.

[1.2]. The Plaintiffs described themselves as incorporated entities under the laws of Ghana, trading in cosmetics and allied beauty products. The Plaintiffs averred that they oper…