Ghanaian forex trader, Bright Kojo Onipayede has sued Albert Nathaniel Hyde popularly known as Bongo Ideas for defamation.
Kojo Forex as he is widely called claims that Bongo Ideas published some statements about him on Twitter, damaging his reputation.
He is, therefore, demanding a compensation of 1 million Ghana cedis and a perpetual injunction restraining Bongo Ideas from making any further defamatory statements about him.
Giving more details in the lawsuit which he shared on his Twitter handle, Kojo Forex said an unqualified apology must also be rendered on social media and the defamatory tweets made retracted.
In April this year, Kojo Forex had sent a stern warning to the blogger, after Bongo Ideas went on a Twitter rant about him.
Among other things, Bongo had alleged that “Forex trading alone did not get you these things. You do other shady business.”
He asserted once more that the foreign exchange market was only a minor component of the mysterious online commercial kingdom he manages. He stated that his gains from the forex market were not due to any exceptional skill in the game but elder currency traders would contest his statement.
“You will soon be disappointed that FX is not a get-rich-quick-scheme. Only the Ponzi schemers make it seem so, which he is.”
These allegations were refuted by Kojo Forex, who claimed that the blogger was attacking him because he refused to mentor him.
The exchanges between Kojo Forex and Bongo on social media culminated in Kojo Forex warning Bongo that they would take legal action to prove the allegations that had been made against him, leading to the current lawsuit.
Bongo Ideas has developed a reputation as a troll on Twitter, regularly taking aim at celebrities such as Nana Aba Anamoah, Serwaa Amihere, Asamoah Gyan, Shatta Wale, Fella Makafui, Black Sherif, and others.