The High Court of Justice in Accra is set to hear an injunction application filed by Hollistar Duah-Yentumi against SIC Insurance PLC and James Agyenim-Boateng, as tensions over leadership transition escalate.
Duah-Yentumi, the immediate past Managing Director (MD) of SIC Insurance, has reportedly refused to hand over to Agyenim-Boateng, who was appointed as Acting MD by President John Dramani Mahama on January 24, 2025.
Reports indicate that she has locked the MD’s office and withheld the keys, preventing her successor from assuming his role.
During an interview on Citi Eyewitness News on February 5, Agyenim-Boateng revealed that when he visited SIC’s headquarters to introduce himself to the management team, Duah-Yentumi declined to attend the meeting. The outgoing MD has also failed to present her handover notes, raising concerns among staff.
“It has become apparent that the real difficulty regarding why I have not been able to access the office is because my predecessor has actually locked up the office and bolted with the keys. It is strange,” Agyenim-Boateng stated.
With the leadership standoff deepening, Duah-Yentumi has filed an interlocutory injunction at the High Court, seeking to restrain Agyenim-Boateng from acting as the Managing Director.
The motion, filed through her lawyer E.N. Poku Esq, requests an order preventing SIC Insurance from recognizing him in the role.
Court Case: Hollistar Duah-Yentumi seeks injunction against SIC Insurance & James Agyenim-Boateng
Industry analysts are closely watching the case, as its outcome could have significant implications for SIC Insurance’s operations.
The High Court is expected to rule on the injunction request in the coming weeks.
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