BROBBEY J.: The plaintiff obtained a judgment in England on 5 July 1990 for the amount of £31,027.86 inclusive of interest up to the date of payment plus costs of £238. He could not enforce it against the defendants in England.
The defendants are resident in Ghana. The plaintiff therefore registered the judgment in this court under the Courts Act, 1971 (Act 372). He proceeded into execution and realised ¢11,477,065.50. In attempting to levy further execution the plaintiff was met with the issue of accounts raised by the defendants’ counsel.
The basic question for determination in this motion is precisely how much was the equivalent of the amount owed when converted into cedis. To resolve this issue a determination has to be made on the correct rate of exchange to be used in converting into cedis the value of the judgment as obtained in pounds sterling.
Act 372, under which the judgment was registered provides in section 77(5) as follows:
“(5) Where the sum payable under a judgment which i…