Audio By Carbonatix
Researcher at the University of Cambridge Faculty of Law, Mawuse Oliver Barker-Vormawor has alleged that judgement debts are becoming a constitutionalised money laundering avenue in Ghana.
He believes that the lack of required seriousness attached to dealing with international arbitral claims has deprived the state of resources that could have been channeled into developmental projects.
Speaking to Samson Lardy Anyenini, host of JoyNews' Newsfile, Saturday, Mr Barker-Vormawor alleged that the phenomenon has become an entrenched framework used by public actors to deliberately defraud the state of huge amounts of money.
He bemoaned the failure of the state to institute protocols and mechanisms to avert paying avoidable debts. The situation, according to him, if not checked, will plunge Ghana into serious financial crisis.
"Judgement debts are becoming constitutionalised money laundering avenues because it is the only thing where once the award is given, there is no way it can be challenged. It becomes clean money. For people to be using this as a framework to defraud the state intentionally. This is something that we need to talk about. It is something that Justice Appau's report aims at," he said.
Mr. Barker-Vormawor's comment comes after a London-based United Nations Commission on International Trade Law Tribunal issued its final award, ordering the government of Ghana to pay a whopping $170 million in damages to Ghana Power Generation Company (GPGC) for failing to meet set deadlines in contesting unlawful termination of a contract between the two parties.
The Cambridge Law Researcher also raised concerns about the government's reliance on foreign law firms that are detached from historical facts of the case in question and may not be in a better position to proffer cogent advice.
He proposed training of local lawyers, especially at the Attorney General's Department so they can handle international arbitrations.
"I do think that this particular issue that is happening now is also related to failure to professionalise even international arbitration at the AG's office. So everything dealing with the international, we tend to turn to scavengers and foreign law firms parachuting in to make millions of dollars at the expense of an impoverished Attorney General's Department"
The Cambridge scholar also raised issues with institutional documentations. He alleged that government officials, including their foreign partners involved in the GPGC arbitration, used their private email addresses to receive public correspondents.
Mr. Barker-Vormawor called on the Attorney-General, Godfred Yeboah Dame to take steps to put in place measures to reduce the number of judgement debts awarded against the state.
Latest Stories
-
​An open letter to H.E. John Dramani Mahama: The audacity of the third shift
30 minutes -
A new era of healthcare dawns in Kintampo: Mary Queen of Love Medical Hospital opens its doors
1 hour -
NDC gov’t has demonstrated strong fiscal discipline – Abdulai Alhassan
1 hour -
Heavily armed Burkinabè soldiers arrested in Ghana
2 hours -
Tamale Chief commends IGP Special Operations Team for crime reduction efforts
2 hours -
None of NPP’s 5 flagbearer aspirants is credible – Abdulai Alhassan
2 hours -
Police arrest suspect for unlawful possession and attempted sale of firearm
4 hours -
3 arrested in connection with Tema robberies
4 hours -
Your mouth on weed is nothing to smile about
4 hours -
25% university fees hike, what was the plan all along? — Kristy Sakyi queries
6 hours -
Some OMCs reduce fuel prices; petrol going for GH¢10.86, diesel GH¢11.96
6 hours -
Trump says health is ‘perfect’ amid ageing concerns
6 hours -
China’s BYD set to overtake Tesla as world’s top EV seller
6 hours -
Joy FM’s iconic 90’s Jam returns tonight: Bigger, better, and packed with nostalgia
7 hours -
Uproar as UG fees skyrocket by over 25% for 2025/2026 academic year
8 hours
