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SOCIAL SECURITY BANK LTD. v. AGYAKWA

June 27, 1991

COURT OF APPEAL

GHANA

CORAM

  • ESSIEM
  • AMUAH
  • ADJABENG JJ.A

Areas of Law

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

AI Generated Summary

The Court of Appeal, per Essiem J.A., affirmed a trial judgment holding a bank liable in negligence for damage to hospital equipment and personal effects the bank warehoused as security for a loan granted to the plaintiff, a medical practitioner. The plaintiff imported five containers of medical supplies from the United Kingdom. The bank paid port charges to clear them and held the containers in its warehouse. Floods later seeped water into three containers, damaging goods. After the plaintiff repaid the loan, the bank required a printed acknowledgment of goods in good condition to release the containers. The court rejected the banks estoppel defense, found the bank failed to exercise reasonable care as pledgee/bailee, and upheld damages assessed under restitutio in integrum, including reliance on a survey report and referral to the Ghana Shippers Council for freight. Currency conversion and interest awards were also upheld, and the appeal was dismissed; a requested variation for inflation and higher costs was denied.

JUDGMENT