• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, September 29, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Banking

Ecobank to File an Affidavit to Challenge Contempt Charges Against MD, two others

Maynard Championby Maynard Champion
December 25, 2021
Reading Time: 3 mins read
Add as Preferred on Google
Court Orders for Substituted Service for Ecobank MD and Others Cited For Contempt of Court

Ecobank

The Management of Ecobank Ghana has indicated that it will soon file an affidavit to challenge an application for the committal of contempt filed by businessman Daniel Ofori against the bank’s Managing Director, Dan Sackey and two other top officials of the bank.

In a two-paragraph statement in response to the substituted service move secured by the businessman’s lead council, the Management of Ecobank noted that it has taken notice of the application and assured that the bank’s lawyers will respond and oppose the application accordingly.

“The attention of Ecobank Ghana PLC has been drawn to some online publications on an application for the committal for contempt filed by one Daniel Ofori against the Managing Director, Head of Legal Department and a Legal Assistant of the Bank. The said application was served at the Bank and immediate steps are being taken to file an affidavit in opposition.”

Ecobank Statement

Ecobank thus, used the opportunity to wish a Merry Christmas to its customers all over the country, urging them to remain calm while its lawyers handle the issue.

“Management takes the opportunity to wish its cherished customers, shareholders and the general public the very best of the festive season.”

Ecobank Statement

The two other bank officials are Ewuraa Abena Asafo-Boakye, Head of the Legal Department of the Bank, and William Asamoah-Otoo of the Legal Department.

ADVERTISEMENT

This comes after Dan Ofori secured a writ of Fi-Fa from the Supreme Court in respect of some GHS96 million plus that the bank is supposed to pay to him. The court gave an order for notice of the writ to be pasted on the bank’s head office building.

But the court heard that immediately the notice was pasted on the bank’s head office building, William Asamoah-Otoo removed it on the orders of Dan Sackey and Ewuraa Abena Asafo-Boakye.

Lawyers of Dan Ofori, led by Thaddeus Sory, therefore filed an application for the imprisonment of the three for contempt of court on December 14, 2021.

According to reports, efforts to get the three and serve them with the notice of the contempt of court proved futile. As a result, Mr Tsatsu Tsikata, the lead council for Mr Ofori moved an application for substituted service on Tuesday December 21, 2021, which was subsequently heard by the court on December 24, 2021.

The Court presided over by Justice Gifty Adjei, granted the application for substituted service and ordered that the three persons be served by the pasting of the Court processes regarding the contempt charges, at the Head Office of the Bank.

ADVERTISEMENT

The notice were to be pasted at No. 19, Seventh Avenue, Ridge West, Accra, in the case of Mr. Sackey and Mr Asamoah-Otoo and at No. 2 Mandy Close, Mayfair Gardens, Upper East Airport, Accra, in the case of Madam Ewuraa Abena Asafo-Boakye.

Court Orders for Substituted Service for Ecobank MD and Others Cited For Contempt of Court
Mr Daniel Sackey, MD of Ecobank Ghana

In the intervening time, the Court noted that a hearing notice for the next date for the three persons to appear in court should also be served on them.

The Court adjourned to January 12, 2022 to enable the three officers to appear in court to answer the charges of contempt filed against the bank.

ADVERTISEMENT

READ ALSO: Let’s Act And Live Responsibly- President Akufo-Addo

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: AffidavitContempt of courtEcobank
Please login to join discussion
Previous Post

Law Suit: Deliberately Designed To Silence Honourable Ato Forson- Felix Kwakye Ofosu

Next Post

Meghan Markle crowned ‘the most intelligent British royal’ in new study

Related Posts

Deposit Flight Risks May Push Ghana Banks Toward Smarter Liquidity Analytics
Banking

Foreign Banks Tighten Grip on Ghana’s Banking Sector

September 29, 2026
BoG Governor Signals Sharp Drop in Ghana’s Borrowing Costs
Banking

BoG Governor Signals Sharp Drop in Ghana’s Borrowing Costs

September 28, 2026
Fidelity Bank Unveils Bold 20th Anniversary Plans
Banking

Fidelity Bank Unveils Bold 20th Anniversary Plans

September 28, 2026
BoG Reveals Banking Sector’s Strongest Shield Against Shocks
Banking

BoG Reveals Banking Sector’s Strongest Shield Against Shocks

September 28, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Black Stars head coach Carlos Queiroz at the post-match press conference in Bouaké

Defeat Against The Gambia Doesn’t Make Me a Loser – Queiroz

September 29, 2026
image 459

Carlos Queiroz Takes the Fall for Ghana’s Defeat Against Gambia

September 29, 2026
Minority Leader and Member of Parliament for Effutu, Hon Alexander Afenyo Markin

Cocaine Seizures: Minority Vows to Keep Pushing After Speaker Rejects Probe

September 29, 2026
Minority Leader and Member of Parliament for Effutu, Hon. Alexander Kwamena Afenyo-Markin

Minority: Speaker Bagbin’s Ruling Has Weakened Parliamentary Oversight on Narcotics

September 29, 2026
1400x1050 autohomecar chto52qxtxsaftqyadnwl6k5o8c092 large 768x459 1

BYD Seagull Shocks EV Market With Rear-Wheel Drive

September 29, 2026
ADVERTISEMENT
Next Post
Samantha Meghan Markle crowned ‘the most intelligent British royal’ in new study

Meghan Markle crowned ‘the most intelligent British royal’ in new study

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.