Ghana's Attorney General reports averted economic collapse by settling $9 billion in arbitration claims.

Ghana's Attorney General, Godfred Yeboah Dame, announced that the country avoided a potential economic collapse by successfully defending against arbitration claims totaling nearly $9 billion from 2020 to 2024. He highlighted the significant reduction of a $7 billion claim from ENI/Vitol to $915 million as a key victory. Dame emphasized the need for better management of arbitration claims and called for reforms in Ghana's arbitration laws to safeguard the economy.

November 05, 2024
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