Home   >   Politics   >   Politics   >   201112
Bagbin: Govt To Disengage From STX Deal   
 
  << Prev  |  Next >>
 
22-Dec-2011  
Comments ( 0 )     Email    Print
       
 
 
 
Bagbin
 
 
Related Stories
 
The Minister of Works and Housing, Alban Bagbin, has told Citi News that the government of Ghana may soon disengage from the STX housing deal.

The two partners - STX Korea and STX Ghana - have been fighting over who takes charge of the project which is meant to build 30,000 housing units for public and security officials.

The government of Ghana could disengage from the STX project its a possibility, Mr. Bagbin told Citi News on Thursday.

The minister had earlier served notice through Citi News that the feuding parties may pay for any costs incurred by Ghana if they failed to resolve their differences and start the project.

A Commercial Court on Wednesday awarded a cost of GHc 3,000 against GKA Airports, the local partners of STX Korea, after filing a suit praying the court to declare the Korean counterparts as non shareholders.
 
 
Source: citifmonline
 
 

Comments ( 0 ): Post Your Comments >>

 
 
 
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
 
 
Featured Video