Attorney-General Sets Records Straight On Controversial $111m Judgement Debt

Godfred Yeboah Dame

 

In a bid to clear the air on the $111 million judgment debt controversy, Attorney-General Godfred Yeboah Dame has clarified that no U.S. court has awarded a judgment debt against the government of Ghana.

According to Dame, the recent case involving the Ghana Power Generation Company (GPGC) is merely an enforcement order, not a new judgment.

Speaking in an interview with Accra-based Citi, Dame explained that the award was given in 2021, and the government has been making efforts to pay.
However, the failure to exhaust payment led to the company seeking enforcement orders in other jurisdictions.

“We have been making efforts to pay, but the failure to exhaust payment has led to the company seeking enforcement orders. It is not a new judgment or a fresh award given by any court or tribunal,” Dame stated.

Dame’s clarification comes amid opposition calls for his resignation and a probe into the power agreement leading to the judgment debt.

The Attorney-General’s explanation sheds light on the government’s efforts to resolve the issue and sets the record straight on the controversy.

In 2021, a UK court ruled that Ghana owed $140 million to GPGC for terminating a power deal.

Ghana was required to pay $134,348,661 for the Early Termination, along with costs.

The government filed an application to set aside the order but was dismissed by the court: Ghana only managed to pay $1,897,692.40, leaving a substantial outstanding balance.

The Attorney-General’s clarification provides context to the controversy, highlighting the government’s efforts to resolve the issue.

-BY Daniel Bampoe