Audio By Carbonatix
The Lead Fellow at the Centre for Social Justice, Nii Armah Addy, has expressed worry about the increasing spate of judgement debts being accrued by the country.
According to him, the ginormous amounts being lost could be invested in other social sectors that would improve the lives of Ghanaians.
Mr Addy's concerns come on the heels of the JoyNews investigation which uncovered that President Akufo-Addo’s government has spent GH¢125m on judgment debts, surpassing the Mahama administration by GH¢56m.
Speaking on Joy FM’s Super Morning Show on Thursday, the CSJ Fellow observed that skyrocketing amounts used to settle judgment debts is affecting the nation’s growth.
“Too much money is going wasted by means of judgement debt,” he stressed.
Mr Addy further noted that contractual breaches are often the reasons the country is indicted in such offences.
Breaches, he believed, are avoidable.
“I mean why would you go into a contract and then breach the contract either by commission or omission? That means someone somewhere is not doing his work as mandated,” he said.
The Finance Ministry’s revealed to JoyNews that government has paid in total, an amount of GH¢125 million as judgment debt since 2017.
The GH¢125 million judgement debt, however contrasts with what the Finance Minister, Ken Ofori-Atta told Parliament on July 12, 2019 when asked about how much government has paid in Judgment debt From January 2017.
The Highest Judgment debt was paid in 2018. An amount of GH¢30.9 million 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.
President Akufo-Addo’s government between 2017 and 2020 paid GH¢120million of GH¢125million in total judgment debt.
So far, GH¢2.8 million in judgment debt has been paid by government in the year 2022.
Latest Stories
-
Why Ghana must maintain the NPA’s price floor in the petroleum market
2 hours -
Serwaa Amihere apologises to PRESEC community over ‘homosexual breeding ground’ comment
3 hours -
Dr Arthur Kennedy slams NPP’s “dubious” plot to expel Prof Frimpong-Boateng
3 hours -
The role of foreign elements in the radicalisation of recent protests in the Islamic Republic of Iran
4 hours -
NPP discipline must extend to Akufo-Addo over poor governance – Arthur K
5 hours -
Bryan Acheampong warns of permanent NPP split if Bawumia or Ken wins 2028 ticket
5 hours -
PRESEC condemns ‘homosexual breeding ground’ comment by Serwaa Amihere; distances school from LGBTQI label
5 hours -
NPP race: Bryan Acheampong chides Kennedy Agyapong over support for eventual winner
5 hours -
Choose candidates who can win power in 2028—Wontumi to NPP
6 hours -
NRSA: Speeding, drink-driving behind 18.5% surge in road fatalities
6 hours -
GPL 2025/26: Asante Kotoko draw with GoldStars to extend winless run
9 hours -
Fire guts temporary wooden structures at Afful Nkwanta in the Ashanti Region
10 hours -
Haruna Iddrisu didn’t approve gender identity content – Education Ministry
10 hours -
‘We are not for sale’: Thousands rally in Greenland and Denmark against Trump’s annexation threat
10 hours -
Deputy Education Minister directs GES to act on video of SHS students displaying charms
11 hours
