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LAWRENCE DOMETIERU NYUUR & ANOR
V.
UMB INVESTMENT HOLDINGS LTD

(2025) JELR 115989 (HC)

High Court 17 Jan 2025 Ghana
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Case Details

Suit Number:CM/RPC/0439/2021
Judges:AFIA N. ADU-AMANKWA (MRS.) J.
Counsel:Cosmas Anpengnuo appears for the Plaintiffs. Yayah Brimah (holding Samuel Codjoe’s brief) appears for the Defendant.
Location:Accra

JUDGMENT

INTRODUCTION

In the suit originally instituted by Lawrence D. Nyuur, the plaintiff claimed the following reliefs:

“(i) A declaration that Plaintiff is entitled to recover from defendant, payment due in respect of the six(6) investments made with defendant.

(ii) An order directed at defendant to pay plaintiff the amount of GHc1,086,338.63 being the amount due on the investments as at 01/03/2021.

(iii) An order directed at defendant to pay Plaintiff all outstanding payments due Plaintiff on the investments after 01/03/2021 to date of final payment.

iv. Cost”.

PARTIES’ CASE

Plaintiff’s Case

The plaintiff’s case is that the defendant, formerly Merban Investment Holding Limited, is a financial institution taking out fixed-income investments from clients. He had been the defendant’s client since 2007 with six fixed-income investments. By the nature of the investments, the defendant was required to pay him a pre-determined interest at the maturity of the investments. He was also entitled to …

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