Founder of Zeepay, Andrew Takyi Appiah home has been taken over by court officials
📍 Accra
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By: Concernedcitizen
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Jul 06, 2026
The High Court Commercial Division presided by H/L Justice Afi Agbanu Kudomor has granted a motion for summary judgment to one Michael Yusuf against Zeepay and its Chief Executive Officer, Mr. Andre Takyi-Appiah for the payment of over USD11.6 million deposited with Zeepay and into the mobile money wallet of Mr. Takyi-Appiah for onward transfers to persons designated by the Plaintiff.
In the assessment of the evidence of deposit of the huge sums by the Plaintiff, correspondence between the Plaintiff/Judgment-creditor and officers of Zeepay and its CEO and the course of dealing between the parties, the Court held that Zeepay and its CEO, Mr. Appiah-Takyi “have not been able to raise a reasonable defence to the instant action to be allowed to contest Plaintiff Applicant's claims against them on the merits.”
The court per its decision as reported on our case reports as MICHAEL YUSUF v. ZEEPAY GHANA LTD & ANOR [TLP-HC-2026-17] held that “The instant application for Summary Judgment to be entered in Plaintiff's favour against Defendants on the amount Plaintiff claims which was filed on 27th February, 2026 is hereby granted.
Judgment is entered in Plaintiff's favour against Defendants on the amount of:
1. Eleven Million, Five Hundred and Eighty-Five Thousand, Seven Hundred and Fifty-Three United States Dollars (USD11,585,753.00.)
2. Eight Thousand, Five Hundred Euros (Euros 8,500.00)
3. One Million, Four Hundred Thousand Ghana Cedis (GHS1,400,000.00)
Interests on the above sums are to be calculated from date of judgment till date of final payment.
In application of Order 14 Rule 12 (c) of the High Court (Civil Procedure) Rules, 2004 (C.I. 47), the Court thus upheld the application for summary judgment with cost of GHc500,000 as filed by the learned Alfred Paapa Darkwah on behalf of the Plaintiff. The Court thus rejected the affidavit in opposition of Zeepay and its CEO as filed on their behalf by the learned O.K Osafo-Buabeng seeking to disjoin and delimit liability from the CEO, Mr. Takyi-Appiah.
On removing the 2nd Respondent-CEO, Mr. Takyi-Appiah as a party as argued by the Respondents, the Court reasoned, as a ground for the rejection of the disjoinder, per page 7 of the reported decision that "..a substantial amount of the monies paid to the Defendants Respondents were paid directly to the personal mobile money account of the 2nd Defendant Respondent"
The Court held as follows: “Per the affidavit evidence, a substantial amount of the monies paid to the Defendants Respondents were paid directly to the personal mobile money account of the 2nd Defendant Respondent. Exhibits B and C are account statements of Plaintiff Applicant's merchants in respect of the monies paid directly to the 2nd Defendant Respondent's personal mobile money account. The Court is of the opinion that 2nd Defendant Respondent is therefore a proper party to the instant action.”
In the assessment of the evidence of deposit of the huge sums by the Plaintiff, correspondence between the Plaintiff/Judgment-creditor and officers of Zeepay and its CEO and the course of dealing between the parties, the Court held that Zeepay and its CEO, Mr. Appiah-Takyi “have not been able to raise a reasonable defence to the instant action to be allowed to contest Plaintiff Applicant's claims against them on the merits.”
The court per its decision as reported on our case reports as MICHAEL YUSUF v. ZEEPAY GHANA LTD & ANOR [TLP-HC-2026-17] held that “The instant application for Summary Judgment to be entered in Plaintiff's favour against Defendants on the amount Plaintiff claims which was filed on 27th February, 2026 is hereby granted.
Judgment is entered in Plaintiff's favour against Defendants on the amount of:
1. Eleven Million, Five Hundred and Eighty-Five Thousand, Seven Hundred and Fifty-Three United States Dollars (USD11,585,753.00.)
2. Eight Thousand, Five Hundred Euros (Euros 8,500.00)
3. One Million, Four Hundred Thousand Ghana Cedis (GHS1,400,000.00)
Interests on the above sums are to be calculated from date of judgment till date of final payment.
In application of Order 14 Rule 12 (c) of the High Court (Civil Procedure) Rules, 2004 (C.I. 47), the Court thus upheld the application for summary judgment with cost of GHc500,000 as filed by the learned Alfred Paapa Darkwah on behalf of the Plaintiff. The Court thus rejected the affidavit in opposition of Zeepay and its CEO as filed on their behalf by the learned O.K Osafo-Buabeng seeking to disjoin and delimit liability from the CEO, Mr. Takyi-Appiah.
On removing the 2nd Respondent-CEO, Mr. Takyi-Appiah as a party as argued by the Respondents, the Court reasoned, as a ground for the rejection of the disjoinder, per page 7 of the reported decision that "..a substantial amount of the monies paid to the Defendants Respondents were paid directly to the personal mobile money account of the 2nd Defendant Respondent"
The Court held as follows: “Per the affidavit evidence, a substantial amount of the monies paid to the Defendants Respondents were paid directly to the personal mobile money account of the 2nd Defendant Respondent. Exhibits B and C are account statements of Plaintiff Applicant's merchants in respect of the monies paid directly to the 2nd Defendant Respondent's personal mobile money account. The Court is of the opinion that 2nd Defendant Respondent is therefore a proper party to the instant action.”
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