I'm not the finance minister, attempts to tarnish my reputation won't stick - Godfred Dame
Published:
3 months ago
Source:
GhanaWeb
Attorney General Godfred Dame has firmly rejected claims that he refused to settle the legal liabilities resulting from a $134 million judgment debt issued against Ghana by a UK tribunal. Dame emphasised that the responsibility for payment lies with the Finance Minister, not his office. The judgment debt stems from a power purchase agreement between Trafigura's Ghana Power Generation Company (GPGC) and the Ghanaian government, myjoyonline.com reports. In a Final Award issued on January 26, 2021, the UK tribunal determined that Ghana had breached its contractual obligations by terminating the agreement on February 18, 2018. The tribunal ordered Ghana to pay $134,348,661 as an Early Termination Payment, with additional interest and arbitration fees totalling over $3 million.