Tag: NML Capital Limited

Monday, October 22nd 2012 - 18:40 UTC
Most of ARA Libertad crew should be arriving at Buenos Aires late Wednesday

Argentina confirmed on Monday that most of the crew from the training frigate ARA Libertad retained in Ghana is being evacuated and should arrive in Buenos Aires Wednesday night, in a chartered commercial aircraft. Only a small group of officers and 44 crew members will remain on the impounded vessel for maintenance work.
Sunday, October 21st 2012 - 06:11 UTC
Argentina evacuates impounded frigate; Monday Timerman begins lobbying at the UN

The Argentine government ordered on Saturday the evacuation of the naval training frigate ARA Libertad impounded in Ghana by international creditors, following the warning made on Friday that complaints would be taken to the UN over the controversy.
Saturday, October 20th 2012 - 06:17 UTC
Argentina calls on Ghana to “assume its responsibility” in the release of ARA Libertad

Argentina demanded that Ghana “assumes its responsibility” of freeing the Navy flagship ARA Libertad, which remains impounded in the African country’s port Tema over claims of US funds and warned Argentina could take the case to the United Nations, because negotiating with ‘vulture funds’ is not an option.
Saturday, October 20th 2012 - 06:06 UTC
NML-Capital offers to pay for repatriation of ARA Libertad crew members

In a PR stunt the US fund NML-Capital offered to fly back free of charge all crew members of the Argentine training frigate ARA Libertad retained in Ghana, but reiterated that to release the vessel Argentina must deposit a 20million dollars bail.
Friday, October 19th 2012 - 17:22 UTC
“Political mission” sent to Ghana for release of ARA Libertad returns empty handed

The Argentine tight-lipped ‘political’ delegation sent to Ghana to try and achieve the release of the Navy’s flagship ARA Libertad impounded by a US based fund and confirmed by an Accra court, is returning to Buenos Aires empty handed not before experiencing a tense incident with the crew of the vessel docked in Tema.
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.
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.
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.