Tag: Judgement Debt
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$134 million GCGP judgement debt has damaged Ghana’s reputation – IES
The Institute for Energy Security (IES) has bemoaned the impact of a judgement debt that has been slapped on the government by the International Court of Arbitration. Ghana has been hit with a US$134 million judgement debt over the cancellation of its Emergency Power Agreement with GCGP Limited. The contract, signed in 2015, was among…
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Parliament to look into judgement debts et al next week
A number of financial issues, including that of the payment of judgement debts and failure by the Ministry of Finance to pay some releases would engage the attention of Parliament at next week’s sitting. The House has scheduled Finance Minister Ken Ofori Atta to appear before it on Thursday, July 4, 2019, to tell…