ICC dismisses Micheletti's case against Ghana on 2006 Accra Stadium rehabilitation
By DL News
Published
1 min read
The tribunal concluded that the action was initiated beyond the period permitted by Ghana's Limitations Act.
In May 2023, Micheletti Company Limited sought international arbitration through the International Chamber of Commerce (ICC) against the government of Ghana, alleging a breach of contract concerning the rehabilitation of the Accra Sports Stadium.
However, the ICC Tribunal, led by President Sadaff Habib and members Shadrack Arhin and Justin Amenuvor, ruled that the proceedings were statute-barred, siding with the Attorney-General of Ghana.
The tribunal concluded that the action was initiated beyond the period permitted by Ghana's Limitations Act.
In April 2006, Ghana's government signed an agreement with Waterville Holdings (BVI) Limited to refurbish several sports stadiums in anticipation of the 2008 African Nations Cup.
The agreement included the Accra Sports Stadium, El-Wak Stadium, and Baba Yara Sports Stadium. Micheletti was designated as the local sub-contractor for the Accra Sports Stadium, while Consar Limited handled the Baba Yara Sports Stadium.
However, on August 1, 2006, the government terminated the contract with Waterville Holdings, citing the lack of Cabinet approval.
Subsequently, the government renegotiated with sub-contractors Micheletti and Consar to continue the stadium rehabilitation projects.
The work completed by the contractor was certified, and the government paid for all verified work.
Micheletti's arbitration claim in 2023 related to payments it asserted were still owed, thus claiming special damages of $400,000, plus interest from February 2009.
