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Godfred Dame’s Delay Tactics Didn’t Work – Bright Simons Reacts To Govt Losing Trafigura Judgement Debt Case
Adam Mutawkilu is a former Ranking Member for the Mines and Energy Committee of Parliament A former Ranking Member for the Mines and Energy Committee of Parliament, Adam Mutawkilu has taunted Ghana’s Attorney General over the $170 million judgment debt case saying he would have won if the case was tried in Ghana. According to him, the AG would have resorted to means and ways to win the case. “We looked at it meticulously and realized that it has met all the conditions and parliament approval was condition precedent. So for me, there was no need for government to have cancelled the project...
+ Lawyer and member of the National Democratic Congress, Inusah Fuseini says former Energy Minister, Boakye Kyeremanteng Agyarko knew the consequences associated with the termination of the power contract with GCGP Limited. His statement follows Mr. Agyarko’s claims of not being responsible for the termination after an amount of $134 million judgment debt was slapped on Ghana. According to Mr Fuseini, Boakye Agyarko championed the termination before the floor of Parliament by arguing that if government were to carry out the contract, the country would be paying for energy it did not need. ...
Mr Boakye in an interview with Accra-based Oman FM on Tuesday, February 16, 2021 opined that the termination of the contract was a Cabinet decision. “I just realised that they had filed for arbitration on 11 August 2018. This was after I had left the ministry. I never knew they had gone for arbitration. I am told that the government presented itself at the arbitration. How would someone accuse me of cancelling the contract? “I have not cancelled any contract. I don’t have the power nor the need or desire to cancel it. I am for what will help Ghana,” he said. He said even though the de...
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 those cancelled by former Energy Minister, Boakye Agyarko with the reason that they were not needed and were only going to further lead to the ballooning of Ghanaâs debts in the energy sector. The International Court of Arbitration in its ruling on the cont...