Tag: Trafigura

Nov32023 by Emmanuel BempongNo Comments

Finance Ministry working to settle $140m Trafigura debt – Ghana’s High Commissioner to UK

Ghana News

Ghana’s High Commissioner to the UK and Ireland, Papa Owusu-Ankoma, has revealed that the Ministry of Finance has made some significant progress towards reaching a settlement for the $140 million judgment debt due Singaporean commodity trading firm, Trafigura. According to him, one of Ghana’s properties, the Regina House which is used for commercial purpose, and has been attached by Trafigura, will not be sold to defray part of the debt. “We will not get to that stage where these assets will be sold to defray the debts, because of progress made on reaching a settlement”, he stressed. He spoke on PM Express Business Edition with host George Wiafe in London on November 2, 2023.https://cdn.vuukle.com/widgets/quiz.html?version=1.11.12Advertisement Mr. Owusu-Akomah described the eve...

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