JUDGEMENT
In this action, the Plaintiff herein is demanding payment of the sum of GH¢12,580.00 being the cedi equivalent of CFA 1,700,000.00 and GH¢8,700.00 from the Defendant herein. He is also claiming interest on the sums claimed.
The Plaintiff’s case is that the Defendant requested for CFA 1,700,000.00 as a loan and GH¢8,700.00 was paid to the Defendant’s creditor who had caused his detention at the Central Police Station, Kumasi.
In the statement of Defence filed by the Defendant on 28/08/2014, he averred that the Plaintiff was his business partner and he invested the sum of CFA 1,700,000.00 in their joint business which entailed bailing of second hand clothing for export. He further pleaded that the cedi equivalent of this amount in the year 2008 was GH¢4,100. Besides the above, the Defendant averred that the Plaintiff later invested GH¢4000.00 and GH¢4700.00 into their joint business bringing his total investment to GH¢12,800.00. It is also in his statement of defence that an amou…