Ghanaians have been buzzing after a U.S. court awarded investigative journalist Anas Aremeyaw Anas a massive $18 million in a defamation lawsuit against politician Kennedy Agyapong.
The verdict has sparked public curiosity, with many searching for the Ghanaian cedi equivalent of the hefty sum.
How Much is $18 Million in Ghana Cedis?
As of today, with the exchange rate at approximately 1 USD = 15.50 GHS, the total amount translates to a staggering 279 million Ghanaian cedis. This amount has become a trending topic, as people discuss the financial and legal implications of the case.
Background of the Lawsuit
The case stemmed from statements made by Kennedy Agyapong on an online show in 2021, where he accused Anas of criminal activities, including alleged involvement in the murder of journalist Ahmed Suale.
Anas filed a defamation lawsuit in May 2022, arguing that the allegations were false and damaging to his reputation.
A U.S. jury in New Jersey ruled in favor of Anas, awarding him $18 million in damages. The ruling is seen as a victory for press freedom and accountability.
Anas Reacts to the Verdict
Anas described the court’s decision as a win for truth and journalism.
He emphasized that this judgment upholds his fight against corruption and injustice. Meanwhile, Kennedy Agyapong has yet to make a public statement on whether he will appeal the ruling.
The ruling has not only stirred political and media debates but has also led to a surge in searches for “18 million dollars in Ghana cedis.” Whether Kennedy Agyapong will pay the amount or fight back remains to be seen.
