Ghana To Lose €25m Waterville Drags Ghana To Int. Court Over €25m

Waterville Holding has sued Ghana at the International Court of Arbitration over a Supreme Court ruling ordering it to pay €25million judgment debt.

  • Published:
  play Deputy Attorney-General and Minister of Justice Dominic Ayine
24/7 Live - Subscribe to the Pulse Newsletter!

Waterville Holding Ltd has dragged Ghana to the International Court of Arbitration seeking to challenge a Supreme Court ruling ordering it to cough up €25million judgment debt deemed illegally paid.

Speaking to Joy News Saturday, deputy Attorney-General and Minister of Justice Dominic Ayine confirmed the escalation of the legal dispute thought to have been resolved.

According to the deputy Attorney-General, government does not "see how an arbitral tribunal outside this country and specifically in London, can now reopen the matter and determine whether or not we are entitled to collect the money from them".

Waterville had being trying to use a Ghanaian court to delay the refund of the money by filing a stay of proceedings but the High Court dismissed the application and ordered Waterville to file its defense in 14 days.

Waterville has failed to do so. The construction company was in 2013 ordered by the Supreme Court to return to the State, monies it obtained illegally out of claims it brought against the State in 2009.

Former Attorney General Martin Amidu who dragged Waterville to court argued that the company had no contract with government yet made claims for the payment of the money.

Source: Myjoyonline

Recommended Articles

Recommended Videos





Top Articles

1 GAF Ghana Armed Forces opens 2017/2018 recruitmentbullet
2 In Uganda Woman 37, has 38 childrenbullet
3 Illegal Mining I will pull down my pulpit and do galamsey if... - ...bullet
4 National Security BNI storms Vanderpuije's home in search of...bullet
5 In Parliament Four Ghanaian MPs cited in alleged UK visa fraudbullet
6 In Upper East Police woman commits suicidebullet
7 Visa Fraud MP begs for forgiveness over visa fraud allegationbullet
8 Ghana's Parliament We will take action against visa fraud...bullet
9 EOCO Probes Stop the political noise, focus on your...bullet
10 Fraudulent MPs cited in alleged UK visa fraud to lose...bullet

Top Videos

1 Watch Stop taking collection in churches -TB Joshua to Pastorsbullet
2 In Zimbabwe President Mugabe’s 70 year-old aide marries his...bullet
3 TRAGEDY Fire guts Coconut Grove Hotelbullet
4 Nigerians stop deportation of chained compatriot in KLM flightbullet
5 Woyome Judgement Debt Kweku Baako dances over Amidu's winbullet
6 Ghana@60 Agya Koo embarrassed Ghana at Independence Day -...bullet
7 Meet "The Beast" President Obama's Cadillac that's more tank...bullet
8 AMERI Power Plant AMERI lacks expertise in power projects...bullet
9 Prophecy I predicted Kintampo accident - Prophetbullet
10 Health Alert Fufu is killing Africans - Mensah Otabilbullet

News