A Chinese company’s claim for the payment of ₵352.6million has been whittled down to a shocking ₵94,000 courtesy the vigilance of the Attorney-General’s Department.
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Attorney-General Blocks ₵352 Million Chinese Judgment Debt
The Attorney-General has saved the country from paying another judgment debt to a Chinese company.
___3573391___https:______static.pulse.com.gh___webservice___escenic___binary___3573391___2015___3___16___18___Marietta-Brew-Appiah-Oppong
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Minister of Justice and Attorney-General Marrietta Brew Appiah-Oppong has also directed the case to security agencies because of the suspicious ballooning of a $7.7 million contract into ₵352.6 million.
Presently the facts of the case, according to a source at the Attorney-General's department, said China Jilin International Economic and Technical Corporation (CJIETC) had made the claim for the money after they won a High Court judgment.
However in a sharp comeback on March 19, 2015, the A-G appealed the ruling asking for a stay of execution which was granted by Justice N.M.C Abodakpi.
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After consulting with PricewaterhouseCoopers (PwC) to audit the claims made by the company, the A-G was convinced the claim was dishonest.
The High Court has now ordered the State to pay a drastically reduced amount of ₵94,000.
It all began in 1996 when the Chinese company won a bid to do some construction work in the Ashanti region.
The Kejetia Redevelopment and Traffic Management, and Kumasi Central Market Redevelopment Project were cancelled when the company had done barely 5% of the work after 15 months.
A project expected to end in 15 months had barely started, way after it was expected to end. On October 21,1997 it was terminated on consultant’s recommendation.
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The work done so far by the Chinese company, CJIETC was paid for after assessment but the contractor in 2005 decided to sue the government.
It won a judgment 9 years later in June 2014.
But following the diligence of the A-G’s department represented by Kumasi’s Chief State Attorney, Mr. AgyemangDuodu, the claim for US$103 million (GHC352.6 million) was slashed.
Source: Myjoyonline
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