SUMMARY JUDGMENT
The Plaintiff on 1st October, 2018, instituted this action against the Defendant for the following reliefs:
a) The payment of Four Hundred and Eight Thousand, Five Hundred and Seventy Ghana Cedis, Sixty Nine Pesewas (GH¢408,570.69) being fixed deposit placed by the Plaintiff with Defendant on 8th March 2018;
b) Interest on relief (a) at the contractual rate of twenty-seven percent (27%) per annum from 8th March 2018 until date of final payment;
c) Cost on full indemnity basis including solicitor’s fees of the Plaintiff; and
d) And any other relief this Honourable Court may deem fit.
The gravamen of the Plaintiff’s claim is contained in paragraphs 3 to 8 of his Statementof Claim, a summation of which is as follows:
According to the Plaintiff, sometime on 8th of March, 2018, he placed a fixed deposit with the Defendant in the sum of GH¢ 408,570.69 for a period of six months commencing 8th March, 2018 and maturing on 6th September, 2018.
Also according to the Plaintiff, the prin…