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WAPIC INSURANCE (GH) LTD V. DPS COMPANY LTD AND MESUMA DELIMAN OSMAN

(2016) JELR 66154 (HC)

High Court  •  Suit No. RPC/211/13  •  29 Feb 2016  •  Ghana

Coram
JENNIFER DODOO (MRS)

Appearances
MARGARET OWUSU FOR PLAINTIFF; MOHAMMED AWAL FOR DEFENDANTS.

Judgement
<p><strong>DODOO (MRS), J.</strong></p><p>The Plaintiff’s claim against the Defendants in its amended writ of summons filed on 10<sup>th</sup> June 2014 is for; the recovery of GH¢172,092.69 together with interest or in the alternative the judicial sale of all properties moveable and immoveable identified as belonging to the 2<sup>nd</sup> Defendant by virtue of the Personal Counter Indemnity executed in favour of the Plaintiff.</p><p>It was the Plaintiff’s case that it was a subsidiary of Access Bank (formerly Intercontinental Bank) licensed to conduct the business of insurance. The 1<sup>st</sup> Defendant was a limited liability company which had a right to market and sell Airtel Ghana’s mobile phone and services.</p><p>According to the Plaintiff, Access Bank in partnership with the Plaintiff had an origination deal in which the Bank would provide a bank guarantee in favour of Airtel against a possible default by distributors in repayment to Airtel Ghana for airtime lifted by the distributors of which the 1<sup>st</sup> Defendant was one. The Plaintiff as part of t…</p>

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