An interlocutory injunction prohibiting Daniel Ofori from executing a July 25, 2018, Supreme Court ruling was granted by an Accra High Court presided over the Her Ladyship Justice Ellen Lordina Serwaa Mireku.
On Wednesday, June 5, 2024, ECOBANK Ghana Plc, represented by Nana Barima Yaw Kodie Oppong and her legal team, won this decision.
Daniel Ofori launched a lawsuit against ECOBANK and other parties in 2007, alleging that he had sold and divested his shares to an ECOBANK client, sparking the start of the legal drama.
In addition to requesting payment of interest and general damages, he asked the court to approve the agreement he had with the aforementioned client.
Ofori’s case was dismissed by the Court of Appeal, but he was able to successfully appeal to the Supreme Court.
Records from the Accra High Court seem to demonstrate that Daniel Ofori was still acting as the owner of the exact shares he claimed to have traded to an Ecobank customer as late as April 2024.
Daniel Ofori cannot carry out the contentious Supreme Court ruling while ECOBANK’s appeal against the High Court’s earlier dismissal of their case is still pending.
The result highlights how important it is to preserve the status quo until the appeal is settled in order to guarantee that justice is fully considered and administered.
The case, according to Ecobank’s attorneys, upholds the general rule that a party may challenge a judgment against her in a different court—even one that is lower than the one from which it was originally acquired—if she learns that it was obtained via fraud.
