Attorney General Godfred Yeboah Dame has announced that his Ministry would initiate a criminal probe into circumstances leading to the $170 million judgment debt case awarded against Ghana by a London-based court.
He said the former administration should be blamed for this and as a Ministry, it will petition the Criminal Investigation Department (CID) to investigate Kwabena Donkor, who was the Minister at the time the agreement was signed.
A Commercial Court based in London has awarded a judgment against Ghana in favour of a power contractor.
The award of the judgment debt is in respect to a UNCITRAL award worth over US$134 million.
Ghana would be paying US$170 million in damages to the claimants; Ghana Power Generation Company (GPGC) located at 1 Airport Square Building, 7TH Floor, Accra.
The award is said to be worth around US$170 million. Under English law, the government had 28 days to bring a challenge to the award.
Reacting to the ruling, Godfred Dame told Accra-based Joy News that Ghana would take steps in appealing the ruling but it would also probe and deal with all those who have caused financial loss to the state.
The Minister and legal government advisor maintained the new administration cannot be blamed for this issue.
He suggested the agreement was wrong, had no justification, and the terms of the agreement exposed Ghana to the current situation.
He said he could not understand why the former administration would enter into an agreement that was obvious to cause financial loss to the state.
To him, this was a deliberate attempt by the former administration to cause financial loss to the state.
By: Rainbowradioonline.com