MULTICREDIT SAVINGS AND LOANS LTD VRS KORSAH & ANOTHER (A2/14/2024) [2024] GHADC 70 (18 March 2024)

The Defendants are liable for the outstanding GHC 5,513.00 from the initial theft and GHC 6,130.00 subsequently discovered, totaling GHC 11,643.00, as the Plaintiff's evidence is more probable and undisputed; interest is awarded from November 2022 as Defendants unjustifiably withheld the money.

Citation: MULTICREDIT SAVINGS AND LOANS LTD VRS KORSAH & ANOTHER (A2/14/2024) [2024] GHADC 70 (18 March 2024)
Parties: Plaintiff: Multicredit Savings and Loans Ltd; 1st Defendant: Patience Korsah; 2nd Defendant: Francis Appiah Gywaa
Court: ghadc
Jurisdiction: Ghana
Judgment Date: 18 March 2024
Procedural Posture: Civil / Judgment
Outcome: Judgment for Plaintiff
Legal Topics: Breach of Fiduciary Duty, Recovery of Debt, Burden of Proof, Award of Interest
Source Language: eng

Civil Procedure Banking Law Employment Law Breach of Fiduciary Duty Recovery of Debt Burden of Proof Award of Interest

Case Brief

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Parties

Multicredit Savings and Loans Ltd

Plaintiff

Patience Korsah

1st Defendant

Francis Appiah Gywaa

2nd Defendant

Procedural Posture

Civil / Judgment

Legal Issues

1 Whether the Defendants owe the Plaintiff the sum claimed
2 Whether the Plaintiff is entitled to interest and costs

Ratio Decidendi

Court Disposition

Judgment for Plaintiff

Orders

Recovery of GHC 11,643.00 from Defendants jointly and severally
Interest on GHC 11,643.00 from November 2022 until final payment at prevailing commercial bank rate