Oil trader Trafugura has written to the Ministry of Finance threatening to seize Ghana's assets in South Africa over the judgment debt.
The company in a petition dated September 23, expressed frustration over the government's delay in resolving the debt, despite multiple attempts at negotiation.
in their petition, they said "Further to our letter of September 20th 2024, to which we have not yet received a response, we can confirm that we have today filed the relevant papers to commence enforcement of the arbitral award in South Africa.
As a courtesy, we have enclosed at Annex 1 the filings with this letter as service on the Government of Ghana through diplomatic channels may take some months.