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High Court of Kiribati |
IN THE HIGH COURT OF KIRIBATI
CIVIL JURISDICTION
HELD AT BETIO
REPUBLIC OF KIRIBATI
High Court Civil Appeal 18 of 2006
Between:
DEVELOPMENT BANK OF KIRIBATI
Appellant
And:
SAUNAINE GROUP
Respondent
For the Appellant: Ms Batitea Tekanito
For the Respondent: Mr Karotu Tiba
Date of Hearing: 8 March 2007
JUDGMENT
(Ex Tempore)
This is an appeal relating only to interest. In 2005 in HCCA 8/2005 I allowed an earlier appeal and sent the case back to the Magistrates’ Court to calculate interest at 12% and to give judgment accordingly. Either the Single Magistrate misunderstood me or made a mistake in calculation: she believed the amount to which the plaintiff/now appellant was entitled was over $3,000, beyond her jurisdiction. Hence this appeal.
Both counsel agreed that as at 21 June 2000 the amount owing by the respondent was $1,161.93. I adjourned to allow them to calculate interest on that sum at 12%. They have not been able to agree but Ms Tekanito has made it $2,501.93. I accept that figure.
The appeal is allowed: any decision of the Single Magistrate is quashed and in lieu there will be judgment for the appellant for $2,501.93. The appellant to have its costs to be taxed.
THE HON ROBIN MILLHOUSE QC
Chief Justice
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URL: http://www.paclii.org/ki/cases/KIHC/2007/17.html