Last updated: February 17. 2013 8:00AM - 9 Views

The flagship of Argentina's navy, the A.R.A. Libertad, right, sits docked at the port of Tema, outside Accra, Ghana, where it is being held by a judge answering a complaint from a U.S. hedge fund, Friday, Oct. 5, 2012. A court in Ghana on Tuesday, Oct. 2,  ordered the ship held in port until Argentina posts a court bond equal to its value, which could be $10 million or more. The three-masted tall ship stopped in Tema while training hundreds of navy cadets. (AP Photo/ Christian Thompson)
The flagship of Argentina's navy, the A.R.A. Libertad, right, sits docked at the port of Tema, outside Accra, Ghana, where it is being held by a judge answering a complaint from a U.S. hedge fund, Friday, Oct. 5, 2012. A court in Ghana on Tuesday, Oct. 2, ordered the ship held in port until Argentina posts a court bond equal to its value, which could be $10 million or more. The three-masted tall ship stopped in Tema while training hundreds of navy cadets. (AP Photo/ Christian Thompson)
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(AP) Ghanaian officials are not about to release an Argentine naval ship that was seized in the West African nation due to a complaint by a U.S. hedge fund.


Officials of the Ghana Ports and Harbors Authority say they will release the ship only after they receive a court order. The tall ship ARA Libertad is being held at Tema Port near Accra.


"The vessel arrived at Tema on Monday and we received a court injunction for its seizure because of debts it owed in the U.S., soon after," said Kumi Adjei-Sam of the ports and harbors authority. "We are only complying with the court order and whenever we receive information that the parties have resolved the issues involved, we would release the vessel which has 300 officers and men."


Associated Press
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