The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
Argentine leader orders evacuation of ship seized in Ghana
ByREUTERS
October 21, 2012 04:39

LIMA - Argentina's president on Saturday ordered 326 sailors to evacuate a Navy frigate that was seized in Ghana to help bondholders try to recoup debts from the South American country's 2002 default.

The Libertad, a training frigate, was detained in the Ghanaian port of Tema on Oct. 2 under a court order obtained by NML Capital Ltd, an affiliate of investment firm Elliott Management.



The firm says Argentina owes it over $300 million on defaulted sovereign bonds and it will only release the ship if the country pays it at least $20 million.

President Cristina Fernandez, according to Argentina's foreign ministry, said the crew's human rights were being violated because the judge had prohibited fuel deliveries to the ship - leaving it without power needed for plumbing, electricity, keeping food fresh and responding to emergencies such as a fire.

Share this article via
from around the web
Related Content
Breaking news
February 23, 2017
Police seize munitions stash a Palestinian couple hid in their home

By JPOST.COM STAFF

Top Stories
Israel Weather
  • 5 - 17
    Beer Sheva
    8 - 17
    Tel Aviv - Yafo
  • 7 - 15
    Jerusalem
    8 - 16
    Haifa
  • 10 - 23
    Elat
    7 - 18
    Tiberias