Authorities at the University of Ghana have denied circulating reports that a US court has slapped it with a $165m judgment debt following the ‘unsuccessful’ implementation of the Africa Integras project.
The University says that no court judgment has been issued against it in relation to the Project
In a statement signed by the Registrar, Emelia Agyei-Mensah, the University explained that the petition against it at the New York Court does not in any way comprise a judgment.
“Rather, the New York petition simply represents an initial step directed at commencing proceedings before the New York courts. Such courts will allow the University full opportunity to respond to and contest the contents of the Petition,” part of the statement reads.
The University says that it will vigorously defend its position and rights in relation to the Project and contest the New York Petition before all appropriate forums, including arbitration and the New York Courts.
“The University is confident that it will prevail and that the New York petition will be dismissed,” the statement adds.
The full statement is as below