British court orders Liberia to pay ‘vulture fund’ debt : Ghana Business News

A British court has ordered Liberia to pay a debt equalling five percent of its government's budge this year to two unknown "vulture funds."

Nick Dearden, of Jubilee Debt Campaign, said: “Currently these companies don’t have to tell us anything about themselves because they’re registered in tax havens – they can just turn up in London and sue one of the poorest countries in the world.”