Kojo Forex Wins Defamation Case Against Bongo Ideas – Court Awards GHC 170,000 in Damages
Ghanaian financial analyst and forex trader, Bright Kojo Onipayede, popularly known as Kojo
Kojo Forex Wins Defamation Case Against Bongo Ideas – Court Awards GHC 170,000 in Damages
Ghanaian financial analyst and forex trader, Bright Kojo Onipayede, popularly known as Kojo Forex, has emerged victorious in a defamation lawsuit against controversial social media personality, Albert Nathaniel Hyde, widely known as Bongo Ideas.
The ruling was delivered by the High Court of Justice (General Jurisdiction Division 2) in Accra, presided over by Justice Forson Agyapong Baah, who found Bongo Ideas guilty of publishing false and defamatory statements about Kojo Forex on Twitter/X.
Key Findings from the Court’s Ruling
1. Defamatory Statements
The court determined that:
Bongo Ideas published false and malicious statements against Kojo Forex on Twitter.
The statements had no factual basis and were intended to tarnish the plaintiff’s reputation.
2. Negative Impact on Kojo Forex
The defamatory posts significantly damaged the reputation of Kojo Forex in the eyes of the public.
The court ruled that the statements were made with reckless disregard for the truth, further aggravating the harm caused.
3. Malicious Intent & Recklessness
The judge found that Bongo Ideas acted with malice and gross negligence, disregarding the potential consequences of his statements.
Court’s Decision & Orders
The High Court issued the following directives:
1. Defamation Liability: The court ruled that Bongo Ideas was guilty of libel.
2. Damages Awarded:
The defendant was ordered to pay GHC 100,000 in damages.
He is also responsible for covering Kojo Forex’s legal fees and any additional compensation deemed necessary by the court.
3. Public Apology & Retraction:
Bongo Ideas must publicly apologize and retract the defamatory statements on Twitter/X.
4. Perpetual Injunction:
The court permanently restrains Bongo Ideas from making further defamatory remarks about Kojo Forex.
What’s Next for Bongo Ideas?
Following this landmark ruling, all eyes are on Bongo Ideas to see if he will comply with the court’s orders. Given his history of bold and often controversial social media remarks, this ruling serves as a strong warning against reckless online defamation in Ghana.
Meanwhile, Kojo Forex has reaffirmed his commitment to financial education and investment coaching, undeterred by the social media attacks he has faced.
Stay tuned for more updates
