Audio By Carbonatix
The Human Right division of the Accra High Court has set December 18 to determine whether it has the jurisdiction to sit over the case brought to it by Dr Papa Kwesi Nduom against the central bank and receiver of the savings and loans companies.
Dr Nduom is praying the Court to revert the decision by the Bank of Ghana (BoG) to revoke the license of GN Savings and Loans, saying the action is a violation of his fundamental human rights.
Lawyers for the BoG have raised a legal objection to the application on the basis that the jurisdiction of the High Court has been wrongly invoked.
Upon several hearings, the Court presided over by Justice Gifty Addo Adjei, she set December 18, to determine the jurisdiction of the case.
According to lawyers of Dr Nduom, the action taken by the bank of Ghana and it's agent, which includes the receiver of the savings and loans companies, is a clear violation of his human right.
Lawyers for the central bank and Attorney General say the jurisdiction of the court has been wrongly invoked because matters of banking revocation are expected to go for arbitration at the Arbitration Centre.
But the lawyer for Dr Nduom, Justice Srem Sai vehemently opposed this argument.
According to him, the Act giving the opportunity for arbitration also made a provision for aggrieved persons to result to the courts if their human right has been violated.
Lawyer for the first respondent, Frank Davies debunked this arguing that Justice Srem Sai and his client failed to demonstrate to the court over the claims that their human rights have been violated.
He further prays the court to strike out the case and direct the applicants and Group Nduom to result in arbitration.
But Justice Srem Sai shot this down saying similar cases were heard in the High Court without going through arbitration.
The court presided over by Justice Gifty Addo Adjei upon hearing both sides adjourned to December 18, to rule on the matter.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Amelley Djosu: Stop the semantics & acronyms, ‘Detty December’ is not a branding problem
8 minutes -
10 Metro Mass buses to hit Accra roads soon to ease commuter woes – Kwakye Ofosu
20 minutes -
Man in his 50s dies after collapsing in public toilet in Juaboso
32 minutes -
Mahama’s Economic Advisory Group to serve without pay – Kwakye Ofosu
44 minutes -
OMCs commence fuel price reduction; GOIL sells petrol at GH¢9.99, Star Oil cuts to GH¢9.97
44 minutes -
Albert Amoah makes shock return to Asante Kotoko on loan
1 hour -
NPA CEO applauds Tema Oil Refinery for swift return to full operations
1 hour -
Chronic potholes turn Asafo Market Junction–Tech Road into death trap
1 hour -
UK study finds toxic weedkiller residues in children’s playgrounds
1 hour -
Dr Abaka-Cann makes history as first Ghanaian inducted Fellow of American Academy of Optometry
1 hour -
Kennedy Agyapong cautions against intimidation ahead of NPP flagbearer election
2 hours -
Man sentenced to 30 years’ with hard labour for robbery in Western North Region
2 hours -
Vice President to visit Transport Ministry over worsening commuter woes in Accra
2 hours -
LGBTQ agenda being quietly inserted into constitutional review – Ntim Fordjour claims
2 hours -
Police recover vehicle used in Adabraka Gold Jewellery Shop robbery
2 hours
