Cocobod 'wastes' $20,000 on signing ceremony

Cocobod 'wastes' $20,000 on signing ceremony

Parliament is investigating a report from the 2015/2016 expenditure of the Ghana Cocoa Board (Cocobod) which shows that the board spent $20,000 to rent a venue for a signing ceremony.

Some members of the Minority caucus in Parliament raised concerns over the amount which was taken out of a $1.8 billion syndicated loan for the 2015/2016 crop season as they call for the chief executive officer of the board, Stephen Opuni to be interrogated.

READ ALSO: Farmers protest against high electricity tariffs

Below is a breakdown of the utilization of the 2015/2016 syndicated loan proceeds;

Cocobod 'wastes' $20,000 on signing ceremony

Ghana's Agriculture sector has in recent times attracted calls for concern as the sector recorded no growth in 2015.

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