There hasn't been a single arbitration award against Ghana since I became AG - Dame

Ghana's Attorney General and Minister of Justice, Godfred Yeboah Dame has declared that no arbitration awards against Ghana have been issued since he took office.

He made this remarks while discussing a recent enforcement order issued by a US court for Trafigura to pay its judgment debt on Citi FM's Eyewitness News programme on Wednesday,  August21, 2024.

According to him, Ghana has had tremendous sucdess in international arbitration undee his tenure.

He expressed confidence and pride in the fact that no arbitration awards had been filed against the government during his tenure as attorney general.

“There is no US Court which is awarding judgment against the government of Ghana. It is only an enforcement order and that enforcement order is on account of a failure to pay a judgment debt which accrued way back in January 2021 as a result of an award that was given that time.”

“…For me significantly it highlights the significance of the progress Ghana has made when it comes to international arbitration because if you recall in my tenure as Attorney General, there have been very huge arbitration claims against the government of Ghana many running into billions of dollars and all that and till date, I am very confident and very proud to say that till date there has not been a single arbitration award against the government of Ghana in my tenure as AG and that is something that is worth celebrating,” he stated.

Source: Lead News Online