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JUDGMENT
1.0 The Plaintiff by its Writ of Summons dated 15th day of March 2018 is
claiming against the Defendant for the following reliefs.
1. The recovery of the sum of Nine Hundred Thousand United States
Dollars (US$900,000.00) being the balance outstanding from the cost
of a parcel of land sold by the Plaintiffs to the Defendants in May of
2017; Plaintiffs sold the parcel of land to the Defendants at Two
Million United States Dollars (US$2,000,000.00), the Defendant paid
One Million Untied States Dollars leaving a balance of Nine
Hundred Thousand United States Dollars (US$900,000.00)
2. Interest on the sum of Nine Hundred Thousand United States
Dollars (US$900,000.00) from the 17th May 2017 until the date of
judgment or payment.
3. Cost including lawyer’s fees calculated at 15% of the sum claimed
herein.
2.0 The Defendant on the 23rd day of April 2018 entered appearance
through its solicitors and on the 22nd day of June 2018 filed a defence
to the Plaintiff’s action.
3.0 The Plaintiff subsequently on the 21st day of April 2021 prayed the
Court for leave to amend the Writ of Summons and the deletion and
substitution of some paragraphs of the Statement of Claim, which
prayer the Court granted.
4.0 By the said amendment the Plaintiff prayed for;
a) The recovery of the Ghana Cedi equivalent of the Nine Hundred
Thousand United States Dollars (US$900,000.00) being the balance
outstanding from the sale of the parcel of land by the Plaintiff to
Defendant in May 2017.
b) Interest on the Ghana Cedi equivalent of Nine Hundred Thousand
United States Dollars (US$900,000.00) from the 17th May 2017 until
the date of final payment.
c) Cost including lawyers’ fees.
5.0 And also by the amendment of the pleadings as follows
1. By the deletion of “3009” in paragraph 3 and the substitution with
2. By the insertion of “the Ghana Cedi equivalent of” after properties in
paragraph 4 line 1.
6.0 This insertion was repeated in the subsequent paragraphs and for the
deletion of paragraph 7 and substituting with a new paragraph as
follows;
8. “Defendant was given possession of and access to the land and is
currently in full possession and has started developing the property in
earnest but has refused to pay its outstanding indebtedness to the Plaintiff”.
9. By deleting paragraph 8 and substituting it with a new paragraph
8 as follows;
“Defendant made the initial payment of the equivalent of one Million, One
Hundred Thousand United States Doll