Trafigura judgment debt: Ghana’s properties in London are not under threat – High Commission to UK
Published:
3 months ago
Source:
3News
Ghana's properties in London are not threatened following the Trafigura judgment debt, Ghana's High Commissioner to the United Kingdom (UK), Papa Owusu-Ankomah, has said. He assures that the Regina House, which is one of Ghana's properties in London, is still owned by the government of Ghana. Reports had indicated that Oil conglomerate Trafigura's Ghana Power Generation Company (GPGC) has taken over the Regina House in London, following the failure of the government to pay up a $134 million judgment debt. But Mr Owusu-Ankomah said the property is just under receivership until the debt owed to the company is paid. It has not been sold, neither a notice has been served to sell to defray the debt, he stressed.
"…An application for receivership had been made in respect of some properties belonging to Ghana.