The government is preparing to settle a GH¢95 million judgment debt to IT consultancy firm, West Blue Consulting, following the termination of its contract.
This settlement comes after West Blue Consulting provided technical and support services to the Ghana Revenue Authority (GRA) from 2015 to 2020, under the facilitation of the Ministry of Finance.
The abrupt termination of the contract prompted West Blue Consulting to take legal action against the government, seeking compensation for an outstanding debt amounting to GH¢289 million.
After legal proceedings, the court awarded GH¢95 million to West Blue.
The Commissioner General of the GRA, Julie Essiam, confirmed the award during a meeting of the Public Accounts Committee on Monday, July 29.
She detailed the legal and financial implications of the contract termination and the subsequent judgment debt.
Ms. Essiam also mentioned that the payment arrangement has been structured into three instalments, as agreed upon with the court.
“Indeed, the judgement debt is GH¢95 million. We will not to be able to pay all GH¢95 million and therefore the agreement with the court is to pay these in three installments," she stated.
Latest Stories
-
Ghana launches Malaria Youth Corps, leveraging youth power in fighting malaria
51 minutes -
Book Review – All’s Well (Feehi): Living a Life Guided by Grace by Abednego Okoe Feehi Amartey and Theodora Dame Adjin-Tettey
2 hours -
French for health: A new initiative by French Embassy in Ghana
8 hours -
Ghana slowly retracing steps back to path of macroeconomic stability – Deloitte
8 hours -
Ghana’s debt service-to-revenue ratio reached all-time high of 127% in 2020, highest in SSA – IMF
8 hours -
Ghana’s consolidation efforts under IMF progamme to continue to be based on revenue
8 hours -
GPL 2024/25: Hearts beat 3-1 Chelsea to return to winning ways
9 hours -
Ghana set to host second Flag All-Star Game in Accra
10 hours -
Angor CREMA: Empowering Ghana’s coastal communities for sustainable growth
10 hours -
The Legon VC… and childhood memories
11 hours -
The absurd inequality of climate work: Overcoming dilemmas in the green transition
11 hours -
ORAL team receives first dossier of ¢500m National Service ghost names scandal
12 hours -
AfroFuture’s Culture Beach Jam comes off Dec. 28 & 29
12 hours -
NDC gov’t to address first quarter expenditure after January 7 – Ato Forson to Ghanaians
12 hours -
Man sentenced to 5 years for vandalism at Parliament
12 hours