Akufo-Addo solely responsible for $170m judgment debt
The former Ranking Member for the Mines & Energy Committee of Parliament, Adam Mutawkilu says President Nana Akufo-Addo must be solely blamed for the $170 million judgment debt awarded to power company, GCGP. According to the former Damongo MP, the decision to terminate the contract with GCGP was a cabinet decision and approved by President Akufo-Addo. The court set March 8, 2021, for the Government to file the processes to challenge the Tribunal's decision in January. The International Court of Arbitration in January 2021 awarded a cost of $134 million and an interest of $30 million against the Government of Ghana over the cancellation of an Emergency Power Agreement with GCGP limited.