KCC 1267/2013

This case involved money owed which had been given to invest. It was irrelevant whether an endorsement document was forged as the relevant money had been paid before the document was signed.

Background

The documents of the case revealed that the appellant had received 27000 Dinars from the litigant in order to invest in an investment portfolio.

Decision

The court said that the documents had revealed that the appellant had paid back 10000 Dinars to the litigant and that he signed a document in which he endorsed that he owed the remaining amount. The court said that the court concluded that the appellant had paid 6700 Dinars and he still owed 10300 Dinars to the litigant. The court said that the appellant's defence that the endorsement document was a simulated one was irrelevant because the appellant had paid 10000 Dinars to the litigant before he signed the endorsement document. The court said that the request made by the appellant to appoint an expert was irrelevant and the court was not obliged to respond to it. The court said that the court established its ruling on the grounds of solid evidence.

The court dismissed the appeal.