Former COCOBOD boss, Stephen Opuni Charged with causing financial loss to the state

Former COCOBOD boss, Stephen Opuni Charged with causing financial loss to the state

- Dr Stephen Kwabena Opuni has been charged along with one Seidu Agongo for causing financial loss to the state

-The former COCOBOD CEO is alleged to have mismanaged the cocoa sector during his tenure

The former Chief Executive Officer of Ghana Cocoa Board (COCOBOD), Dr. Stephen Kwabena Opuni is facing a total of 27 charges for causing financial loss to the state.

According a report by Graphiconline.com, Dr opuni and one Seidu Agongo together are facing the 27 charges.

Former COCOBOD boss, Stepehen Opuni Charged with causing financial loss to the state
Dr Stephen Kwabena Opuni, a former Chief Executive Officer (CEO) of the Ghana COCOBOD.

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An Accra High Court is set to call the case on Friday, March 23, 2018.

Dr Opuni is the immediate past CEO of COCOBOD. In February 2017, his assets were frozen by the Economic and Organised Crimes Office (EOCO) as part of investigations into time in office.

He is alleged to have mismanaged and embezzled funds in the cocoa sector.

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Although reasons for the seizure were not been officially communicated, sources revealed that EOCO is seeking to investigate the entire period that Dr. Opuni served as CEO of that critical state agency.

Specifically, government intends to probe some supposed fraudulent multi-million dollar contracts he’s believed to have signed before leaving office..

Mr. Opuni’s tenure was engrossed in several allegations of corruption and mismanagement of the cocoa sector, with his critics accusing him of running down the critical sector; which generates revenue for the country and employs millions of Ghanaians.

Dr. Opuni was on January 12, 2017, asked to leave office barely a week after the NPP government was inaugurated.

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Source: YEN.com.gh

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