Judgment debt: Rent taken so far from Ghana’s Regina House in London is nowhere near amount owed – Papa Owusu-Ankomah
Published:
3 months ago
Source:
3News
The rent taken from Regina House, one of Ghana's properties in London, is nowhere near the amount owed in judgment debt for which the property has been placed under receivership, Ghana's High Commissioner to the United Kingdom (UK), Papa Owusu-Ankomah, has said. He said this while assuring that Ghana's properties in London are not threatened following the Trafigura judgment debt. The Regina House 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. A Vice President of IAMNI Africa Bright Simon had also written on X that "Because of a decision to pay in bits, outside an agreed payment plan, Ghana had paid nearly a $100m, but the original debt has barely reduced?