You are here: HomeNews2013 09 18Article 286199

General News of Wednesday, 18 September 2013

Source: XYZ

Gov't will solve GNPC drill ship sale mystery - Murtala

The Government of Ghana has assured that it will do everything legally possible to assist the sole commissioner of judgment debts to unravel the mystery surrounding the sale of the GNPC drill ship, Discovery 511.

The documents regarding the sale of the ship to pay off judgment debt owed French Bank Societe General by Ghana has become a subject of controversy as the Chief Executive Officer of the Bank of Ghana claims the bank has no records of the payment.

A Former deputy Minister of Energy, K.T. Hammond who negotiated the sale claims $19.5 million of the proceeds obtained from the sale of the ship was paid to Societe General as part payment of the debt owed the bank by the government of Ghana.

But the bank has categorically stated that it is unable to confirm that with the necessary documentation.

Addressing the media, at the Flagstaff House on Wednesday, Deputy Minister of Information and Media Relations, Ibrahim Murtala Mohammed, said the government will ensure that the matter is brought to reasonable conclusion.

“Government will do everything possible to see how best the sole commissioner can be assisted in unraveling the mystery and the contradiction there in,” the minister added.

He added that the revelations emphasized the relevance in establishing the judgment debt commission.