Court directs Bongo Ideas to compensate Kojo Forex with GH₵170,000 for defamation.
A Ghanaian court has ruled in favor of Bright Kojo Onipayede, popularly known as Kojo Forex, in a defamation case against Albert Nat Hyde, widely recognized as Bongo Ideas. The court ordered Bongo Ideas to pay GH₵170,000 in damages for making false and defamatory statements about Kojo Forex on social media. These allegations, which suggested that Kojo Forex was engaged in fraudulent activities and a Ponzi scheme, were found to be untrue and damaging to his reputation. As part of the ruling, Bongo Ideas has also been instructed to issue a public apology and retract the defamatory statements.
This case highlights the growing legal consequences of spreading false information online, particularly in an era where social media can quickly amplify harmful narratives. The ruling serves as a warning to individuals who engage in defamation, emphasizing the importance of fact-checking before making public allegations. For Kojo Forex, the court’s decision represents a significant step in clearing his name and protecting his credibility within the financial and trading community.
