The tentacles of creditors reach a long way as an Argentine naval vessel is seized in Ghana as ...

|By:, SA News Editor

The tentacles of creditors reach a long way as an Argentine naval vessel is seized in Ghana as  part of hedge fund Elliot Capital's attempt to collect on bonds which Buenos Aires defaulted on in 2001. "Vulture funds have crossed a new limit in their attacks on the Argentine republic," says the foreign ministry.