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Head of Argentina's navy replaced after ship seizure in Ghana
Dhu Published in Saudi Press Agency on 16 - 10 - 2012

AlQa'dah 30, 1433, Oct 16, 2012, SPA - Argentina's navy chief stepped down after one of the country's ships was seized in Ghana over a debt dispute, DPA reported.
Admiral Carlos Alberto Paz was replaced as head of the navy by his
deputy, Vice Admiral Daniel Alberto Martin, the Defence Ministry said
Monday.
The Libertad training ship has been unable to leave the port of
Tema for two weeks after a court in the West African country seized
the three-masted ship on a petition from NML Capital, a subsidiary of
the US hedge fund Elliott Associates.
The fund said the Argentine government owes it 300 million dollars
after Buenos Aires defaulted on its debts in 2001 during an economic
collapse.
The Defence Ministry said an investigation was being conducted
into who was responsible for sending the Libertad to Ghana.

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