BREAKING NEWS

Ghana says sailors on seized Argentine ship free to leave

By REUTERS

OCTOBER 22, 2012 00:17

ACCRA - The crew of an Argentine naval training vessel impounded in Ghana by a firm seeking to claw back $300 million in defaulted bonds are free to leave the country, a government official said on Sunday.

The ARA Libertad and its crew have been detained in Ghana's port of Tema since Oct. 2 by a court order obtained by NML Capital Ltd in a dispute which has strained relations between the west African country and Argentina.

"They are free to leave after going through the standard immigration process," a senior government official told Reuters, asking not to be named.

NML, an affiliate of investment firm Elliott Management, said it would only release the ship if Argentina pays it at least $20 million.

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