Ghana pays over $18 million as judgement debt annually, finance minister reveals

Ghana’s finance minister, Ken Ofori Atta has disclosed that the government pays over $18 million (GH¢94 million) to individuals and companies in judgement debt annually. 

Finance Minister, Ken Ofori-Atta

This, according to him is due to orders from the court for breaches of contracts and largely compensation for personal injury claims and acquisitions which cannot be ignored.

The debt he says is a cost to the taxpayer.

The minister made the revelation while speaking on the floor of parliament after being asked by MP for Ajumako-Enyan-Esiam, Cassiel Ato Forson about how much government has paid in judgement debt from January to date.

He revealed that the current government has paid over GH¢280 million in judgement debt since they assumed power in 2017.

Adding that steps have been taken to minimize the cases of judgement debts as much as possible and this includes "prioritising judgement cases within legal departments, ensuring proper settlement record and negotiating with claimants to avoid expensive courts cases and judgements".

Mr Ofori Atta further noted that the government upon assumption of office in January 2017 met an outstanding judgement debt of over GH¢489 million.

“A number of cases have been pending in court, out of which over GH¢197 million has crystallised bringing the total amount to GH¢ 679,076,438.15,” he said.

Our newsletter gives you access to a curated selection of the most important stories daily.

Welcome to the Pulse Community! We will now be sending you a daily newsletter on news, entertainment and more. Also join us across all of our other channels - we love to be connected!

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Mathias Pogba brands Paul Pogba 'a so-called Muslim steeped in witchcraft' amid fetish claims about Kylian Mbappe

Mathias Pogba brands Paul Pogba 'a so-called Muslim steeped in witchcraft' amid fetish claims about Kylian Mbappe

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

Ne-Yo speaks out after wife Crystal announced end of their 8-year marriage

Ne-Yo speaks out after wife Crystal announced end of their 8-year marriage

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Sadio Mane the odd one out as Bayern Munich stars take team photo with glasses of beer

Sadio Mane the odd one out as Bayern Munich stars take team photo with glasses of beer

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022

Africa's richest man, Aliko Dangote, adds extra $915 million to his vast wealth in Q1 2022