Trafigura’s $134m judgment debt against Ghana not new – Attorney General clarifies
Published:
3 months ago
Source:
Channel 1 News
The Attorney General and Minister of Justice, Godfred Yeboah Dame, has addressed recent reports concerning Ghana's legal challenges related to a $134 million judgment awarded to the British energy firm Trafigura. He emphasized that no new judgment or fresh award has been issued by any court against Ghana. This clarification follows reports that a U.S. District Court document highlighted errors made by Ghana's legal team, which ultimately led to the failure to challenge a significant $134 million judgment in favour of Trafigura. The judgment, originally issued by English courts, arose from a complex legal dispute involving a power purchase agreement between Trafigura's subsidiary, the Ghana Power Generation Company (GPGC), and the government of Ghana.