madimage

Connect with us

Hi, what are you looking for?

Politics

Govt faces $15.3m judgement debt

CJ's $5m bribery saga: ASEPA invokes Article 146, petitions Akufo-Addo to remove CJ

Govt faces $15.3m judgement debt

Kumasi High Court has slapped Government of Ghana with another $15.3m judgement debt to be paid to a mining firm Imperial Heritage Ltd. for unlawful seizure of the company’s excavators.

The seizure and burning of excavators as part of fighting illegal mining has been a source of worry to many who argued that the action flaunts the constitution and democratic principles upon which the state rests.

Lands and Natural Resources Minister Samuel Abu Jinapor, at forefront of the galamsey fight has been insisting that they have acting in accordance with law despite dissenting legal arguments mounted by Lawyer Tsatsu Tsikata, Bobby Banson, Sampson Lardy Anyenini, minority caucus of Parliament, and Small Scale Miners Association.

Inter-Ministerial Taskforce on galamsey stormed the mining site of Imperial Heritage Ltd and confiscated their excavators to December 2018, forcing the company to proceed to court against government.

Government of Ghana has already been slapped with $170m judgement debt to be paid to Ghana Power Generation Company (GPGC) by the London Court for failing to mount a legal challenge to the arbitration awards. This has received a backlash from many after court described government’s attitude as ‘sleeping on the matter’.

But, even before the dust settles, government has been hit with another judgement debt.

Kumasi High Court presided over by Justice Samuel Obeng in his verdict today confirmed that no evidence has been adduced by government to justify their claim that Imperial Heritage Ltd was illegally mining, the court deemed seizure of excavators and other mining equipment unlawful and slapped the latter with $15.3m.

Meanwhile, Attorney General and Minister of Justice Godfred Yeboah says his outfit will initiate appeal processes against the decision at court.

It has emerged that Government of Ghana has been caught in the web of many judgement debts apart from GPGC’s $170 and Imperial Heritage Ltd’s $15.3m.

African Editors will keep you posted on details of a whooping $100m judgement debt including arbitration awards, legal fees and accrued compound interest of 6.5 rate to be paid to West African Gas Pipeline. This was after the London Commercial Court of International Arbitration slapped Government of Ghana with arbitration awards this year.

Source: africaneditors.com

Govt faces $15.3m judgement debt

Not quite finished yet. Very impressive.

There is a good reason why you should support the African Editors. Not everyone can afford to pay for news right now. That is why we keep our journalism open for everyone to read, including in Ghana. If this is you, please continue to read for free. But if you are able to, then there are three good reasons to support us today.

1. Our quality, journalism is a scrutinising force at a time when the rich and powerful are getting away with more and more.

2. We are independent and have no billionaire owner pulling the strings, so your money directly powers our reporting.

3. It doesn’t cost much, and takes less time than it took to read this message.

Help power the African Editors' journalism for the years to come, whether with a small sum or a larger one. If you can, please support us on a monthly basis from just 1 Ghana Cedi through mobile money number: 0599896099/ +23359989609 and you can be rest assured that you’re making a big impact every single month in support of open, independent journalism. Thank you.

Click to comment

Leave a Reply

You May Also Like

Health

Neglected tropical diseases rising in E/R- GHS Eastern Regional Health Directorate says there is disturbing increase in cases of neglected tropical Diseases in the...

Video

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos.

Video

Kagame Tells Europe that Africa Doesn’t Need Adult Supervision but Fair Trade.    There is a good reason why you should support the African...

News

Daasebre Oti Boateng introduces Root-Based Model to Akufo-Addo, Bawumia, commends them for 2021 Census & Covid-19 fight Omanhene of New Juaben, Chancellor of All...

Copyright © 2023, Africaneditors.com Ltd was developed by Wordswar Technology & Investment, Inc. Contact us on +233246187160

%d bloggers like this: