Ecobank should not take the law into its own hands -Thaddeus Sory warns in Dan Ofori case
The solicitor for Mr. Ofori, Thaddeus Sory wrote in a press statement released on 2nd December, 2021 that claims raised by Ecobank such as Mr Ofori had tendered in evidence, the investment agreement between Ecobank and himself at any stage in the case were “simply not true.”
.The lawyers for Ghanaian businessman, Daniel Ofori has responded to some accusations raised by Ecobank Ghana Limited in a November 26, 2021 press release, noting among others, that “Ecobank should not seek to take the law into its own hands”.
The solicitor for Mr. Ofori, Thaddeus Sory wrote in a press statement released on 2nd December, 2021 that claims raised by Ecobank such as Mr Ofori had tendered in evidence, the investment agreement between Ecobank and himself at any stage in the case were “simply not true.”
He argued, instead, that Ecobank had on the contrary, admitted that the agreed interest rate on the investment made by Mr Ofori with Ecobank was 30%. Consequently, he noted that it made no proprietary sense to assume that Mr Ofori will forge an investment agreement, like Ecobank had suggested which capped the interest rate at 15%, a figure that varied significantly from what the Bank initially had admitted to.
Mr. Sory further accused the Bank of depriving Mr Ofori of funds that he had in an account he held with the Bank, part of which had been put to investments under terms agreed by the Bank.
“Such conduct is plainly wrong, being a breach of Ecobank obligations as a bank to Mr. Ofori as a customer,” the statement indicated.
