JUDGEMENT
On 19th May 2021, the Plaintiff sued the Defendants jointly and severally for the recovery of the following reliefs;
An order for the payment of GHS953, 881.27 being the total outstanding balance of the credit overdraft facility as at 12th April 2021, granted by the Plaintiff to the 1st Defendant, guaranteed by the 2nd Defendant and further secured by a Mortgage over two plots of land, noted as parcel Nos. 1041& 1042, Block 20 Section 114, La- Bawaleshie, East Legon upon Land Certificate GA 7220 Vol. 53 Folio 176.
Interest on the said amount of GHS953.881.27 at the agreed rate of 30.47% from the 13th of April 2021 up to the date of final payment.
Alternatively, an order for the judicial sale of two plots of land with buildings thereon noted as parcel Nos. 1041& 1042, Block 20 Section 114, La- Bawaleshie, East Legon, upon Land Certificate GA 7220 Vol. 53 Folio 176 the property of the 3rd Defendant.
Cost.
BRIEF FACTS
The Plaintiff is a Financial Institution licensed by the Bank of Gh…