GNPC spent $9.7 million on ITLOS maritime boundary dispute

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23rd September, 2017 will forever be one of the memorable days in the history of Ghana.

The flag of the Nation soared high.

Ghana was victorious in the landmark Maritime Boundary dispute case involving its Western neighbor La Cote d’Ivoire at the International Tribunal for the Law of the Sea, ITLOS in Germany.

It was a “sweet victory” for Ghana.

The triumph came at a price.

Ghana 1aThe Ghana National Petroleum Corporation, GNPC financed Ghana’s defense team and other activities relating to the case from 2014 to this year when the ruling was delivered.

In 2014 the GNPC expended US$782,406.83 even though US$1,630,000.00 million was budgeted for as contained in the Public Interest and Accountability Committee’s 2014 annual…

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