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AMA TABUAH v. BARCLAYS BANK GHANA LIMITED

2018

HIGH COURT

GHANA

CORAM

  • ANGELINA MENSAH-HOMIAH (MRS.) JUSTICE OF THE HIGH COUT

Areas of Law

  • Banking and Finance Law
  • Evidence Law
  • Contract Law
  • Civil Procedure

AI Generated Summary

Justice Angelina Mensah-Homiah of the Ghana High Court resolved a dispute between a fish-industry businesswoman who operated current account No. 1212402 at the banks Kumasi branch and her bank over withdrawals lacking narrations, alleged forged Debit Advice charges, delayed deposit credits, and an overdraft secured by a mortgage over Plot 17, 4th Street, Asokore Mampong. Reviewing detailed statements (Exhibit 1) and testimony, the court held most fraud claims were not proved to the criminal standard but found six cash withdrawals, including a GHC 34,000 withdrawal on 02/07/08, had been entered without standard references, amounting to fraud. It credited evidence that transfers went to Nyame Yie Cold Stores at Barclays Bank Ghana, and recognized the customers ad hoc overdrafts later formalized into a GHC 50,000 facility (Exhibit 3) with contractual interest. The court ordered a refund of GHC 75,000 with interest, upheld the banks counterclaim for GHC 53,344.88 plus 32.5% interest, directed a set-off, and provided for release or realization of the mortgage depending on the net balance, with each party bearing its own costs.

JUDGMENT