Fintech firm Zeepay Ghana Ltd and its Managing Director, Andrew Takyi‑Appiah, have filed a writ of summons at the High Court in Accra, seeking GH¢10 million in general damages and GH¢5 million in exemplary damages for Mr Takyi‑Appiah, plus unspecified damages for Zeepay for breach of contract. The claim was lodged on 23 October 2026 against Scancom PLC, operator of MTN Ghana, and Mobile Money Fintech Ltd, which runs MTN Mobile Money (MoMo).
Zeepay, a Mobile Financial Service Provider and Payment System Service Provider, subscribed to an MTN MoMo corporate wallet—an OVA wallet—around 2022 or 2023. The company alleges that the wallet’s ownership was mistakenly registered in Mr Takyi‑Appiah’s personal name, despite all subscription and know‑your‑customer documents being in the company’s name.
According to the statement of claim, Zeepay notified the defendants on 21 November 2023, instructing them to transfer ownership to the company and supplied supporting documents. Reminders were sent up to August 2026, yet the wallet still bore Mr Takyi‑Appiah’s name when the suit was filed. The plaintiffs argue that the defendants justified the registration by treating Mr Takyi‑Appiah as the wallet’s handler, a position they reject, asserting that the holder of an OVA wallet is not necessarily its owner.
Mr Takyi‑Appiah claims the misregistration has caused him pain, distress and reputational harm, as he has been joined personally to lawsuits against Zeepay. He says the High Court has refused to remove him as a party in those pending cases because his name appears as the wallet’s owner on MTN’s platform. He argues that his legal personality is separate from the company and that the defendants’ conduct was reckless, oppressive and in complete disregard of both plaintiffs’ rights.
The filing seeks declarations that registering Zeepay’s wallet in Mr Takyi‑Appiah’s name was wrongful and unlawful, that the defendants breached their duty to Zeepay by failing to act on its instructions, and that they are liable for any harm Mr Takyi‑Appiah has suffered or will suffer. The plaintiffs also seek an order directing the defendants to remove his name and comply with Zeepay’s November 2023 instructions, as well as costs, including legal fees.
Both parties are claiming against the defendants jointly and severally, with Zeepay seeking general damages for breach of contract and Mr Takyi‑Appiah seeking the specified monetary damages. The case will be heard in the High Court, General Jurisdiction, in Accra.
