The Accra High Court has slapped Menzgold Ghana Limited with GH¢8,000 cost for the late filing of its defence in a case in which 53 soldiers have sued it for failing to pay back their investment, totaling GH¢2.5 million.
Following Menzgold’s failure to file its defence within the stipulated time, the soldiers applied to the court for a default judgement and the court was expected to rule on their application yesterday.
In view of that, counsel for the soldiers, Captain Nkrabea Effah-Dartey (retd), withdrew the application for default judgement but asked for costs of GH¢10,000 against the company.
The court, presided over by Mr Justice Jerome Noble Nkrumah, struck out the application as withdrawn and granted costs of GH¢8,000 in favour of the soldiers.
The latest development means that the suit will take its normal course, with the two parties arguing their respective pleadings.
The soldiers — from the Ghana Navy, the Ghana Air Force and the Ghana Army — are praying the High Court to order a refund of their money.
According to the plaintiffs, all efforts to retrieve the money had been unsuccessful.
They are, per the writ of summons issued on December 12, 2018, accordingly praying the court to order a refund of their money, ranging between GH¢18,000 and GH¢244,000.
The amounts quoted on the filed court documents represent the plaintiffs’ principals.
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Daily Graphic