Zeepay Ghana Limited and its Managing Director, Andrew Takyi-Appiah, have sued Scancom PLC, which operates MTN Ghana, and Mobile Money Fintech Limited (MMFL) at the High Court in Accra over the registration of the company’s corporate mobile money wallet in his name.
The writ of summons, filed on 23 October 2026, seeks GHS15 million in damages. The plaintiffs said Zeepay subscribed to an MTN Mobile Money corporate wallet (OVA wallet) around 2022/2023.
Zeepay says it later learnt that the defendants had registered the wallet in Mr Takyi-Appiah’s name, although the documents used to subscribe, including the KYC documents, were in the company’s name. The plaintiffs said Zeepay wrote to the defendants on 21 November 2023, instructing them to change the wallet’s ownership to the company’s name.
Zeepay said it supplied the necessary documents, but the defendants refused or neglected to act despite reminders up to August 2026.
The wallet still bore Mr Takyi-Appiah’s name when the suit was commenced, the plaintiffs said. Mr Takyi-Appiah said he has suffered pain, distress and reputational harm. He said he has been made a party to Zeepay’s litigation, and that in all of the company’s pending cases at the High Court in Accra, the courts have declined to remove him as a party because his name remains on the wallet’s ownership records.
The plaintiffs are asking the court for declarations that registering the wallet in his name was wrongful and unlawful, that the defendants breached their duty to Zeepay, and that they are liable for any harm he has suffered. The plaintiffs are also seeking an order directing the defendants to remove his name and comply with Zeepay’s November 2023 instructions. The claims have not been tested in court.
MTN Ghana has been involved in other controversies, including a $1.1bn investment in network expansion over 3 years. The company has also apologized for undersea cable cuts that disrupted internet services in June 2026. MobileMoney Fintech has released a white paper on countering digital fraud in Ghana.
The case has implications for the mobile money industry in Ghana, which has seen significant growth in recent years. The industry is regulated by the Bank of Ghana, which has implemented measures to prevent fraud and ensure consumer protection. The outcome of the case will be closely watched by industry stakeholders and consumers.