Argentine leader orders evacuation of ship seized in Ghana

By REUTERS
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.


Related Content
Breaking news
December 11, 2017
Stabbing victim's condition stabilizing, but still in critical condition

By JPOST.COM STAFF

Israel Weather
  • 10 - 22
    Beer Sheva
    12 - 23
    Tel Aviv - Yafo
  • 12 - 20
    Jerusalem
    14 - 20
    Haifa
  • 15 - 24
    Elat
    13 - 24
    Tiberias