U.S. court awards $111m to Trafigura in judgment debt default against Ghana

A District of Columbia Court in the United States has granted a Motion for Default Judgment in favour of the Ghana Power Generation Company (GPGC), ordering the Ghana government to pay $111,493,828.92, plus mandatory post-judgment interest. This ruling follows Ghana’s failure to fully comply with an earlier tribunal decision from the United Kingdom. On January […]

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