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Trafigura ‘seizes’ Ghana’s Regina House in London over $134m judgment debt default

IMG 20240822 162208 Regina house

Thu, 22 Aug 2024 Source: Joy news

Trafigura’s Ghana Power Generation Company has seized Ghana's Regina House in London after the government failed to settle a $134 million judgment debt from a terminated power agreement.

Trafigura’s Ghana Power Generation Company has seized Ghana's Regina House in London after the government failed to settle a $134 million judgment debt from a terminated power agreement. Despite partial payments, the outstanding balance led Trafigura to secure a U.S. court ruling for additional damages, escalating Ghana's financial burden.



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Source: Joy news