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$134 million GCGP judgement debt has damaged Ghana's reputation – IES


The Institute for Energy Security (IES) has bemoaned the impact of a judgement debt that has been slapped on the government by the International Court of Arbitration.
Ghana has been hit with a US$134 million judgement debt over the cancellation of its Emergency Power Agreement with GCGP Limited.
The contract, signed in 2015, was among those cancelled by former Energy Minister, Boakye Agyarko with the reason that they were not needed and were only going to further lead to the ballooning of Ghana’s debts in the energy sector.
The International Court of Arbitration in its ruling on the contract cancellation also said the judgement debt comes with a US$30 million interest payment obligation. ....

Boakye Agyarko , Beatrice Annan , International Court , Institute For Energy Security , Energy Security , Emergency Power Agreement , Energy Minister , Citi Business News , Early Termination Payment , பீட்ரைஸ் அன்னான் , சர்வதேச நீதிமன்றம் , நிறுவனம் க்கு ஆற்றல் பாதுகாப்பு , ஆற்றல் பாதுகாப்பு , ஆற்றல் அமைச்சர் , சிட்டி வணிக செய்தி , ஆரம்ப முடித்தல் கட்டணம் ,

$134m judgment debt: NPP's propaganda brought us here – Kwabena Donkor

A former Minister of Power under the Mahama administration and the Member of Parliament of Pru East constituency, Dr Kwabena Donkor has described as propaganda waged by the ruling government and its apparatchiks against the GPGC power agreement leading to the cancellation. The former power minister is calling on Ghanaians to hold the NPP government responsible for the $134 million judgement debt awarded against Ghana by the International Court of Arbitration arising from the cance ....

Ghana General , Richard Abayeta Abugre , Boakye Agyarko , Kwabena Donkor , International Court , Member Of Parliament Pru , Pru East , Accra Based Starr , Emergency Power Agreement , Energy Minister , Early Termination Payment , கானா ஜநரல் , சர்வதேச நீதிமன்றம் , உறுப்பினர் ஆஃப் பாராளுமன்றம் பிரு , பிரு கிழக்கு , அக்ரா அடிப்படையிலானது நட்சத்திரம் , ஆற்றல் அமைச்சர் , ஆரம்ப முடித்தல் கட்டணம் ,