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April 28th , 2025

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Dawuda Abass

18 hours ago

WE'VE NOT WITHDRAWN LAWSUIT AGAINST ECOBANK -SARKODIE'S LAWYERS

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We've Not Withdrawn Lawsuit Against Ecobank – Sarkodie's Lawyers


The lawyers of Ghanaian music icon Sarkodie have vigorously refuted reports that they have withdrawn the suit against Ecobank Ghana Limited. In a statement issued earlier today, the lawyers asserted unequivocally that court proceedings against the bank are very much on track and summoned members of the general public to disregard misleading news reports.


The controversy began when some media outlets reported that Sarkodie, via his lawyers, had withdrawn the case he filed against Ecobank earlier this year. The two parties, the reports indicated, had come to an agreement on an out-of-court settlement, prompting the artist to withdraw the case. Sarkodie's lawyers, [law firm name if any], however, have completely dismissed these reports, stating no such agreement has been reached and that the case remains pending before the courts.


"No instructions have been given to withdraw the case, nor have any notice of discontinuance been issued," said the statement. "We want to place on record that the suit against Ecobank Ghana Limited is still in full force, and all reports to the contrary are false and without substance."


The controversy is purportedly over some financial discrepancies between Sarkodie and Ecobank regarding funds believed by the artist to have been mismanaged. While information relating to the case is not published since the case is ongoing at court, individuals close to the case report the controversy to involve large sums of money in regards to contractual matters between the two parties.


Sarkodie, whose real name is Michael Owusu Addo, is one of Africa's best-selling artists with a number of awards and global recognition to his credit. His agents emphasized that he is adamant about following the legal process to guarantee justice not just for himself but also to serve accountability principles for Ghana's financial sector.


The attorneys also warned against spreading unverified news, asserting that doing so could amount to contempt of court. "We call upon the media and members of the general public to double-check all news regarding this still pending case with the proper channels. Any endeavour at prejudicing the judicial process with misreporting will be dealt with proper legal actions," they added.


Legal analysts are indicating that if the case proceeds as Sarkodie's team is proposing, it will have extremely wide-ranging implications for the banking sector, particularly how blue-chip clients are treated. It would also create the precedence for celebrity and corporate partnerships in Ghana, particularly financial sector ones.


Efforts to reach Ecobank Ghana Limited for comment on the latest events were unsuccessful as of press time. However, the bank previously indicated that it would vigorously defend its reputation and interests in court.


Public opinion is mixed. Some of his fans have come out in full support of Sarkodie, praising him for defending what they see as his rights. Others have cautioned against proceeding, observing that long-protracted court trials might shift focus from the artist's career and bank activities.


There have been plenty of social media posts such as #JusticeForSarkodie and #EcobankSaga indicating the immense popular interest in the case. There is a belief among analysts that this suit, depending on how it goes, will either fortify or destabilize consumer faith in Ghanaian banks.


In the meantime, Sarkodie's team is still working on his legal case and music projects. Sources indicate the rapper will release new songs in the next few months, which is a sign that regardless of what is transpiring legally, his creative pursuits remain unscathed.


For now, the case is ongoing in the courts, with dates to be made public soon. Both parties are gearing up for what could be a long and potentially historic battle.


Sarkodie's legal team concluded their release by restating their client's commitment to transparency and justice. "We remain confident that the court will adjudicate the matter justly, based on the facts and evidence presented," the release added.


As events continue to unfold, the eyes will all be on the court, where a Ghanaian music giant is trying to get legal recourse against one of the country's top banks.


 





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