Ghana's High Court Commercial Division has ordered Prudential Bank Limited to pay GH¢135,000 in damages and legal costs after finding the lender unlawfully recovered an outstanding loan balance from a customer's account without providing the legally required prior notice. A High Court orders Prudential Bank Limited to pay GH¢135,000 in damages and legal costs to a customer. Credit: Prudential Bank LimitedSource: Getty ImagesThe Law Platform reported that Reynolds & Associates Limited had originally held an overdraft facility worth GH¢404,970.06, which it subsequently requested be restructured into a 24-month loan. Prudential Bank agreed, and both parties signed a Heads of Agreement on 29 October 2021 setting out equal monthly instalments as the repayment structure. While the court ruled in Reynolds & Associates' favour on the core breach, it dismissed the GH¢1 million compensation claim.