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General News of Wednesday, 21 August 2024

    

Source: Joy News

Former Power Minister takes on AG over $134m judgement debt to Trafigura

Dr. Kwabena Donkor Dr. Kwabena Donkor

Former Power Minister Dr. Kwabena Donkor has criticized Attorney-General Godfred Dame for not addressing a $134 million judgment debt from a UK tribunal involving Trafigura’s GPGC.

The debt, resulting from a power purchase agreement breach, includes $134.3 million plus interest and $3.3 million in arbitration costs.

Ghana has only partially paid, leaving $111.5 million in arrears. Donkor questioned why the Attorney-General and the Ministry of Energy failed to resolve the debt and criticized the government's handling of similar cases.

He proposed that a future NDC administration should investigate these judgment debts and hold responsible officials accountable.

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