Posted: Thursday, September 29, 2022. 1:38 pm CST.
By Aaron Humes: Audrey Matura-Shepherd, who initiated the ex-gas importers’ claims against the Government on the National Gas Company Limited, says that while her clients have come out on the wrong end of Wednesday’s judgment, it remains a “historic” and “important” ruling in relation to the issue of monopoly in business.
Citing page 42 of the judgment, Matura-Shepherd notes that had the ruling been made on the original NGCL Act, they would have won.
But the Government amended the Act in 2019 offering certain options to import LPG and curing some of the deficiencies of the original Act, which the court mostly agreed with.
Matura-Shepherd also pointed out that the compensation does not cover the ongoing losses by the importers, one of whom has closed down permanently.
But on the matter of an appeal, she said she would take instructions from her clients who will have the final say.