19th January, 2015
Ecobank Transnational Inc will appeal a ruling by a commercial court in Ivory Coast that the pan-African bank must pay $15 million in damages to former chief executive Thierry Tanoh, a spokesman said on Monday.
The court ruled last week that Ecobank board member Daniel Matjila had written a letter published in the media last year that tarnished the image of Tanoh, who was dismissed amid allegations of poor governance at the bank