RITA NOSAKHARE PEMU, J.C.A. (Delivering the Leading Judgment): This appeal is against the judgment of the Onitsha High Court of Anambra State, delivered on the 19th day of March, 2014 in suit No. 0/175/2009.
CONCISE FACTS
The suit, the subject matter of this appeal was instituted by writ of Summons dated 14th of May 2007 - Page 1 of the Record of Appeal.
In the amended statement of claim filed on the 9th of May 2012 Paragraph 19 thereof the plaintiff (Respondent in the present Appeal) claims against the defendants (Appellants in the present Appeal) as follows:-
1) The sum of the 22, 947, 144.56 being debit balance as at March 2009 in the overdraft facility the Plaintiff granted to the Defendant in Account No. 01011020000257 the Defendant has in the Plaintiffs bank.
2) 21% interest on 22,947, 144.56 from 1st April 2009 up to the date of Judgment.
3) 5% interest from the date of judgment until the judgment debt is liquidated.
Pages 117 119 of the Record of Appeal.
In paragraph 1 of the counter …