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NIB boss demands apology from NDC’s Isaac Adongo

Managing Director of the National Investment Bank, (NIB), Mr Samuel Sarpong has through his lawyers, S&S legal, written to Isaac Adongo, NDC member of Parliament for Bolgatanga Central in the Upper East Region, for defamatory comments he made about him in a recent interview on Joy FM.

The notice letter signed by Richmond Numbo Saka is demanding that Mr Adongo retract his defamatory statement and apologize both to Mr Samuel Sarpong as well as the staff and management of NIB.

“Our Client says that on 28 September 2023, you were interviewed on Top Story; a radio broadcast program hosted by Evans Mensah of Joy FM to discuss a press conference you addressed earlier that day on the management of the National Investment Bank (NIB).

“During your appearance and interview on the radio show, you stated the following: We haven’t given NIB the kind of attention that it deserves given that it has been in crisis… the Managing Director sat in Canada and zoom-managed NIB for almost a year. How can we be serious with
tha…?” Mr Sarpong’s demand notice letter stated.

“In the same radio broadcast, you also maliciously stated the following words ” A bank that requires arm holding, proper nurturing, the Managing Director sat in Canada for one year, and what he was doing was zoom managing that bank. Even very good performing banks can not be managed by Zoom for one year, so clearly, there are issues”

“Our client asserts that you repeatedly made all the above – mentioned statements during the ‘Top Story broadcast, which were also streamed on the Joy 99.7 Fm social media platforms and same was subsequently published in an article on JoyOnline under the heading “NIB MD managed bank from Canada via Zoom for close to a year – Isaac Adongo” Mr Sarpong’s lawyers further stated in the demand notice.

Mr Sarpong’s lawyers indicate that it is their reasoned opinion that the statements of Adongo are “misleading, malicious scandalous, demeaning, and without any truth. ”

“The statements you made on Top Story, which was subsequently published on JoyOnline, sought to promote the malicious narrative that our client was responsible for the financial troubles and mismanagement of the bank.

“This narrative seeks to mean to the ordinary person, the general public, and all persons in our clients’ line of work that our client is irresponsible, incompetent, failed in his fiduciary duty to the bank and not a credible person to deal with” lawyers of Mr Sarpong indicated in their demand notice.

“It is our view that your statements were made with the sole aim of tarnishing the image of our client without considering the damage it places on him in the international business and finance community. Our client posits that these malicious statements you made have caused considerable damage to his character, image, and standing in his profession, ” the demand notice read.

“We have the instruction of our client to give you notice, which we hereby do, to apologise and retract the malicious, baseless, and destructive statements made about him on the Top Story radio broadcast show, which was subsequently published on JoyOnline, dated the 28 September 2023 within forty-eight hours (48) of receipt of this letter by undertaking the following:

“a) Issue a Statement of Retraction to our Client and the staff and management of the National Investment Bank.

“b) Cause an apology to be sent to our Client and same published on the various platforms on which the defamatory matter was published,” Mr Sarpong’s lawyers further demanded.


SOURCE: Wilberforce Asare, Asaase Radio

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