The Kanifing Magistrates’ Court presided over by Magistrate Dayoh Small Dago on 21 February 2011 entered judgment in favour of FIBank, the plaintiff, against the defendant, Lamin Sanneh, of D12,618, being an outstanding balance owed to the plaintiff.
The judgment further stated that the defendant, Lamin Sanneh, should pay the plaintiff, FIBank, an interest of 23 per cent per annum, from the date of filing the suit until the date of judgment, and 4 per cent until final payment.
As well, a cost of D500 was also awarded to the plaintiff.
In his judgment, the trial magistrate revealed that having listened to the plaintiff’s testimony, the court was satisfied that the plaintiff had proved its case.
Testifying earlier, Francis Mendy told the court that he works for the bank and knew the defendant, whom he said was their former customer.
He revealed that the plaintiff bank had transaction with the defendant, Lamin Sanneh, who took a loan from the bank at its Brikama branch of D13, 000 with interest of 23 per cent per annum.
He revealed that the loan was given in July 2008 and was to be paid in 24 months’ time.
The witness further adduced that the defendant did not pay the amount. “The time the case was filed the defendant was owing D17, 000 and interest,” he told the court.
He said that after the case was filed, the plaintiff received letters from the defendant and his brother, stating that they would be responsible for the balance of D17, 000.
He revealed further that they made requirement on both of them and they agreed on their proposal.
The two letters were admitted in evidence before the court.
He finally told the court that since then the brother had paid only D5, 000 to the plaintiff bank.
