Tag: Ghana

Friday, October 19th 2012 - 05:19 UTC
Argentina’s flagship trapped in Ghana by creditors with no political solution in sight

The saga of the Argentine Navy flagship ARA Libertad retained in Ghana seems to have no short term political solution as the government of President Cristina Fernandez was expecting, while in Buenos Aires the head of military strategic intelligence resigned and there is mounting pressure on the Ministry of Defence.
Tuesday, October 16th 2012 - 07:46 UTC
ARA Libertad conflict forces the resignation of the Argentine navy chief

The ARA Libertad conflict retained in Ghana has a new victim: Argentina’s Navy chief of staff Admiral Carlos Alberto Paz tendered his resignation and was replaced by his deputy Vice-Admiral Daniel Alberto Martin.
Monday, October 15th 2012 - 23:08 UTC
ARA Libertad dispute in Ghana: high ranking Argentine navy officers lose their jobs

Argentina’ Defence Ministry announced on Monday that two top Navy officers had been disciplined for their responsibility in plotting the course of the training frigate ARA Libertad currently retained in Ghana on an injunction from a US based hedge fund and following a failed plea last Thursday.
Monday, October 15th 2012 - 07:00 UTC
Argentina trusts in a ‘political solution’ with Ghana to release ARA Libertad

The Argentine Navy Secretary General Luis María González Day, expressed confidence on Sunday that the joint ministerial commission that went to Ghana to seek the release of the training vessel ARA Libertad will reach a successful agreement.
Friday, October 12th 2012 - 05:57 UTC
Argentina sends top level political mission to Ghana after the ARA Libertad

Argentina is sending a top level ministerial delegation to Ghana to discuss the release of the Navy’s tall vessel ARA Libertad, retained in the African country following a Thursday court ruling which confirmed the seizure on the complaint from a hedge fund.
Thursday, October 11th 2012 - 23:20 UTC
Ghana court denies release of ARA Libertad detained on a complaint from US hedge fund

A Ghana court judge rejected on Thursday the plea put forward by Argentina to release the ARA Libertad training ship, which has been detained in a port close to Accra with its crew since October 2nd due to a complaint by a US hedge fund.
Wednesday, October 10th 2012 - 18:50 UTC
Argentine creditors want 20m dollars to release ARA Libertad retained in Ghana

Argentina is refusing to pay the 20 million dollars in ransom that New York hedge fund dealer Paul Singer is demanding in exchange for releasing the country’s Naval training vessel currently retained in the port of Tempa, Ghana, West Africa, reports the New York Post.
Tuesday, October 9th 2012 - 20:15 UTC
Ghana court to rule Thursday on the release of Argentina’s Navy vessel

The case of the seized Argentine naval ship ARA Libertad was heard on Tuesday by a Ghana Commercial Court which will rule on Thursday whether to release the vessel impounded on arrival last week at the Port of Tema, according to the official Ghana News Agency.
Monday, October 8th 2012 - 06:28 UTC
Ghana court to hold hearing on retained Argentina’s ARA Libertad on Tuesday

Next Tuesday the Ghana Supreme Court will be holding a hearing to consider a motion from the government of President Cristina Fernandez requesting the annulment of the injunction retaining Argentina’s navy training vessel ARA Libertad following a legal proceeding from a hedge fund holding Argentine defaulted sovereign bonds.
Thursday, October 4th 2012 - 20:50 UTC
Argentina will have to post 10m plus bond in Ghana to liberate ARA ‘Libertad’

Argentina will have to come up with 10 million dollars or more as a bond to liberate the flagship of its navy, “Libertad” retained in the Ghanaian port of Tema, following on the request from a US hedge fund.