BBC News, 19
December 2012
Related
Stories
 |
| The Libertad had been held in Tema since 2 October |
The
Libertad set sail from Ghana's main port of Tema after a United Nations court
last week ordered its release.
Argentina
sent almost 100 navy personnel to man the three-masted training ship.
It was
impounded after a financial fund said it was owed money by Argentina's
government as a result of a debt default a decade ago.
'Immunity'
On
Saturday, the UN Tribunal for the Law of the Sea ordered Ghana to release the
ship, arguing that it had immunity because it was a military vessel.
It set a
deadline of 22 December for the ship to have left the port.
The court
said that holding the ship was "a source of conflict that may endanger
friendly relations among states".
In
November, sailors on board the Libertad reportedly pulled guns on Ghanaian
officials when they tried to board the vessel to move it to another berth.
 |
| Almost 100 navy personnel arrived at Kotoka International Airport to sail the Libertad home |
The fund
said it was owed $370m (£233m) by the Argentine government after the country
defaulted on its debt in 2001 and 2002.
NML Capital
was seeking $20m in return for the release of the Libertad.
Most of the
loans on which Argentina defaulted were subsequently restructured, giving
creditors about 30% of their money back.
However,
some creditors including Elliot chose to hold out, pursuing the Argentine
government through the courts.
Related Article:
Related Article:
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.