Audio By Carbonatix
Fellow in charge of Finance and Economy Pillar at the Centre for Social Justice (CSJ), Dr. Theresa Blankson, says judgement debts cannot be avoided in the business of governments.
According to her, while judgment debts are inevitable in any working government, the magnitude and persistence of such judgement debts can be a cause for alarm.
“Judgement debt can be expected in the business of government, we cannot avoid that. But I think it’s the volume or the magnitude that we need to be concerned about and also the persistence with which we continue to deal with colossal sums like these huge numbers that are being churned out,” she said.
Her statement follows JoyNews’ investigation which discovered that since 2017 government has paid judgement debts totaling ¢125 million.
The Highest Judgment debt was paid in 2018. An amount of 30.9 million cedis was paid to Jubilee Tractors and Assembly Plant Limited.
This arose from a case filed against the National Security Council. In 2017, an amount of 29.5 million cedis was paid to NDK Financial Services.
A close comparison of the various years shows that the highest amount paid since the NPP took over government was in 2017 when payments totalled ¢54 million.
A 2021 research published by the Centre for Social Justice shows that this ¢125 million figure comes nowhere near the whopping ¢356.6 million debt paid by the NDC administration in 2010.
Speaking on JoyNews’ Newsfile on Saturday, Dr. Theresa Blankson noted that taking into consideration the infrastructural deficiency this country suffers, it poses a matter of great worry if such huge sums are being churned out year after year to pay for judgement debts.
“And when you think about it within the context of the enormous developmental challenges that the economy faces, particularly when you talk about healthcare, when you talk about education where we have still in this day and age pupils being taught under trees, school buildings in bad shape, and also when you think about even our health facilities which are not well adequately strengthened to take care of the population.
“Within that framework, considering also the high youth unemployment rate that we have, high levels of poverty, I think it makes sense to really think about the numbers that have been churned out. So I think it is a worrying trend and my expectation after we did our analysis for the 2000-2019 period was that this was going to be nipped in the bud but we’re still hearing the story,” she said.
So far, ¢2.8 million in judgment debt has been paid by government in the year 2022.
Latest Stories
-
Mysterious deaths of 14 elephants in Kenya prompts urgent inquiry
5 minutes -
Cynthia Erivo and Damson Idris among stars in Children of Blood and Bone trailer
25 minutes -
Iran launches ‘attempted surprise attack’ on US forces in Middle East
34 minutes -
Trump administration bans new Chinese humanoid robots
43 minutes -
Pop star Madison Beer and NFL player Justin Herbert announce engagement
2 hours -
‘Don’t wait until you want revenge’ – why prenups are on the rise
2 hours -
Burnham has no scope to increase borrowing, think tank warns
2 hours -
eBay agrees $56m settlement with bloggers over harassment case
3 hours -
Rodri out for ‘short period’ after back surgery
3 hours -
Villa offer glimpse into future despite friendly loss
3 hours -
Savinho open to leaving Man City amid Spurs interest
3 hours -
Okomfo Anokye SHS ends two-year NSMQ exile with dramatic final-riddle victory
3 hours -
Uefa and PM criticise Infantino World Cup plan
3 hours -
Nsutaman Catholic SHS stuns KNUST SHS on home turf to book 2026 NSMQ spot
3 hours -
Only use VAR when error blatant – Referee chiefs
3 hours