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C. C. W LIMITED v. ACCRA METROPOLITAN ASSEMBLY

2021

SUPREME COURT

GHANA

CORAM

  • YEBOAH, CJ (PRESIDING)
  • PWAMANG, JSC
  • AMEGATCHER, JSC
  • OWUSU (MS.), JSC
  • HONYENUGA, JSC

Areas of Law

  • Civil Procedure
  • Contract Law
  • Evidence Law

AI Generated Summary

This Supreme Court appeal arises from CCW Ltd’s effort to execute for US$9,201,815.29 in alleged foreign exchange losses against the Accra Metropolitan Assembly (AMA) following a long-running waste management dispute. After the 1997 contract was terminated by AMA, CCW obtained a High Court judgment awarding the cedi value of 715,628.5 metric tons × US$18, with a later Supreme Court order for interest under C.I. 52. Years later, CCW sought leave to levy execution for foreign exchange losses stemming from delayed payment, which the High Court granted and the Court of Appeal affirmed, reasoning that payment at the prevailing dollar-index ensured full value. On AMA’s further appeal, the Supreme Court held that the original judgment was in cedis and did not include foreign exchange losses; any such losses are not part of the judgment debt and cannot be executed without a new action. The Court set aside both lower decisions, emphasizing that statutory post-judgment interest under C.I. 52, not currency conversion, compensates delay, and that disputed entitlements should be tried under the execution rules.

JUDGMENT