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ERIC ASAE
V.
GHANA GROWTH FUND COMPANY

(2025) JELR 115320 (HC)

High Court 30 Jul 2025 Ghana
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- Plaintiff, Mr. Eric Asae, sued Defendant, Ghana Growth Fund Company, alleging unlawful termination of employment, and sought unpaid bonuses and director’s sitting allowances for roles allegedly undertaken at Defendant’s behest. - Defendan

Case Details

Suit Number:IL/0034/2017
Judges:ANANDA J. AIKINS (MRS), J.
Counsel:BRIGHT OKYERE-ADJEKUM ESQ. FOR THE PLAINTIFF. JOAN ELLIS ESQ. FOR THE DEFENDANT.
Location:Accra

JUDGMENT

1.0 INTRODUCTION

1.1 The instant suit is based on a claim of an alleged unlawful termination of the service of employment of Mr Eric Asae (“the Plaintiff”) by Ghana Growth Fund Company (“the Defendant Company”); and some unpaid bonuses and sitting allowances due the Plaintiff by virtue of his role as a Board Member in some other companies at the behest of the Defendant Company.

2.0 BACKGROUND

2.1 Circa 2010, the Plaintiff was employed as the Risk Manager for Gold Coast Securities Limite. In 2012, the Plaintiff transitioned from his managerial role at Gold Coast Securities Limited to the role of an Investment/Risk Manager at the Defendant Company.

2.2 The Plaintiff averred in his Statement of Claim that he was also appointed as the Acting General Manager for Expandable Polystyrene Products and Trading Limited; the Project Manager for the GN Bank Branch Expansion – EPS Pilot Project of the Defendant Company; and a Board Member of the GN Electronic Limited Expandable Polystyrene Pro…

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