Private legal practitioner lawyer Kofi Bentil says the $170 million judgment debt slapped on Ghana should be blamed on the termination of the contract without due diligence.
Expressing his view on the matter, he said the current administration who terminated the contract failed to do due diligence and that is what has created the problem.
The lawyer said the current Energy Minister Dr. Matthew Opoku Prempeh cannot be blamed for the saga.
Former energy minister Kwabena Donkor he indicated entered into the contract under false claims that we needed it under an emergency situation.
However, notwithstanding that the contract was bad, that did not create the problem rather, the failure of the current government to do due diligence is what has caused the problem.
The government of Ghana terminated the power agreement with an independent contractor, Ghana Power Generation Company (GPGC).
The power contractor has won a $170 million judgment debt against the Government of Ghana at the London Commercial Court of international arbitration.
The GPCC dragged the government of Ghana to the United Nations Commission on International Trade Law (UNCITRAL) after an official termination in 2018, demanding compensation from the government for a breach of the contract.
The court subsequently awarded the company an amount of $170 million to be paid by Ghana.
Ghana challenged the arbitration award in a UK court, but could not meet the deadlines to file its case citing the COVID-19 pandemic among others as reasons for the delay.
But lawyer Bentil argues the failure to do due diligence by the government has caused the problem.
Read his full opinion below
By: Rainbowradioonline.com
