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General News of Friday, July 12, 2019
Source: Myjoyonline.com
2019-07-12
Freddie Blay, President of the NPP
Kelliot Royal Motors, a company registered under the laws of Ghana, dragged the Universal Merchant Bank (UMB) in front of a high court in Accra to block the distribution of 100 buses to constituency officials of the New Patriotic Party (NPP) ).
The buses are part of some 275 buses that NPP President Freddie Blay had promised to distribute to constituencies before his election.
complaints
Kelliot Royal Motors says in his writing that he had secured a loan facility of over $ 3 million to buy the buses and resell them at the party on May 13, 2018.
According to the agreement, the terms of the agreement required that Kelliot Royal Motors apply the lending mechanism to the purchase of the 100 Toyota HiAce vehicles which will then be sold to the New Patriotic Party as part of the deal. partial importation for a total amount of $ 11,412,500 for 275 buses.
The plaintiff stated that the refund of the installation had to be made from the product of the bus purchasers.
Kelliot Royal Motors further baderts that, in accordance with the agreement, its managing director, Chris Azawodie, had to personally travel to Dubai on several occasions, with the costs badociated with achieving the supply objective of said bus to Ghana.
Kelliot Royal Motors also stated that when the buses arrived in Ghana in June 2018, UMB arranged for the vehicles to be held in a bonded bonded warehouse, adding that the bank had subsequently refused to deliver the vehicles. bus to Kelliot Motors despite the many requirements imposed on the bank. contrary to the express terms of the agreement.
"According to reliable information, the defendant is vigorously and aggressively unloading the aforementioned buses to a third party outside the agreement and, therefore, denying the plaintiff his right to receive the buses as provided for and contained in said agreement" said Kelliot Royal Motors in his statement.
The plaintiff states that unless he is obliged by a court of competent jurisdiction, UMB intends to pursue the violation of the agreement "which will violate the plaintiff from the benefits contemplated in the said agreement," Kelliot said Royal Motors.
The plaintiff wants the court to declare that the 100 buses are owned by Kelliot Royal Motors.
Kelliot Royal Motors also wants the court to restrict UMB, its agencies, its agents, its badigns and all those who are under its direction and who deal with a third party with respect to buses.
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