Ghana’s government has directed the Attorney General to commission forensic audits and criminal investigations into the activities of the Ghana Cocoa Board (COCOBOD) over the past eight years.
Finance Minister Dr Cassiel Ato Forson announced the decision while addressing journalists on the ongoing cocoa sector crisis.
He said Cabinet had taken the step to ensure accountability and transparency in the management of COCOBOD and the cocoa sector as a whole.
According to Dr Forson, the audits and investigations will run concurrently and will examine the board’s financial and operational activities during the period under review.
The minister did not provide further details on the scope or timeline of the investigations but indicated that the move forms part of broader reforms aimed at restoring confidence and financial stability in the cocoa sector.
COCOBOD has faced mounting financial challenges in recent years, including debt obligations and production shortfalls, prompting calls for greater oversight and restructuring.
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Source: www.kumasimail.com
