General News of Sunday, 21 December 2025Source: otecfmghana.comThe Ghana Arbitration Centre (GAC) has ordered Justmoh Construction Limited to refund 33.3 million dollars to Ashanti Port Services Limited. Mutual compensation orderedWhile the decision largely favors Ashanti Port Services Limited, the tribunal also awarded compensation to Justmoh Construction Limited for work already executed at the project site. Background to the disputeThe arbitration proceedings commenced on December 19, 2023, when Ashanti Port Services served a Notice of Arbitration against Justmoh Construction Limited. A major point of contention during the hearings was the valuation of earthworks undertaken by Justmoh Construction at the Boankra site. Contract lawfully terminatedIn its final determination, the tribunal held that Justmoh Construction Limited lawfully terminated the Boankra Contract.

Source: GhanaWeb December 21, 2025 14:57 UTC