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ALL POSTS FILED UNDER: JUDGMENT DEBT

Judgment debt: NDK’s GH¢1.2bn claim thrown out

June 3, 2021 8:11 am Add a Comment

A legal action by the Attorney-General (A-G) has saved the state from paying more than GH¢1.2billion in judgment debt which was being claimed by NDK Financial Services. The company went to court compel the government to pay GH¢1.273 billion it … Read more →

$134 million judgment debt hits Ghana over cancellation of GCGP power deal

February 15, 2021 10:43 am Add a Comment

Ghana has been slapped with $134million judgment debt over the cancellation of of the Emergency Power Agreement with GCGP Limited. The ruling by the International Court of Arbitration ordered the government to Ghana to pay to “GPGC the full value … Read more →

$400 million judgment debt looms

April 8, 2014 7:15 am Add a Comment

In a case before the Permanent Court of Arbitration (PCA) in The Hague, Netherlands, which could be determined in a matter of days, a consortium of companies, led by Bankswitch Ghana, is seeking an amount of GH¢831 million ($400 million) … Read more →