NDC blows $450m on dubious cocoa roads

Dr Stephen Opuni, former COCOBOD Chief Executive Officer The Food and Agriculture Minister, Dr Owusu Afriyie Akoto, has revealed th...

Dr Stephen Opuni, former COCOBOD Chief Executive Officer
Dr Stephen Opuni, former COCOBOD Chief Executive Officer

The Food and Agriculture Minister, Dr Owusu Afriyie Akoto, has revealed that the Mahama-led National Democratic Congress (NDC) government spent over $450 million on non-existent cocoa roads in the country.

He said former state officials under President John Mahama, who introduced the cocoa roads project, used it (project) to steal from the public purse.

The former COCOBOD Chief Executive Officer (CEO), Dr Stephen Opuni, is under investigation by the Economic and Organised Crime Office (EOCO) and the Criminal Investigations Department (CID) of the Ghana Police Service over alleged fraudulent deals in the cocoa sector.

“I mean we stopped the cocoa road construction which was full of corruption…people were given contracts for 32km (of road), they did 2km and they came in to be paid (for) 32km; they are paid and people share those monies,” he said on Starr FM in Accra on Wednesday.

Dr. Afriyie Akoto said all the affected road contracts awarded under the previous government had been terminated because they were fraught with massive corruption.

“These are bare corruption…in three years they claim they spent $450 million on cocoa roads and where are the roads?” the minister queried.


He said, “So now we’ve suspended all those (contracts); that’s savings that we are making. We are also looking at input prices that suppliers give us so that we can cut them back to sustain the price at where it is.”

In June this year, COCOBOD announced the suspension of the cocoa roads projects after an interim audit had revealed a lot of discrepancies in the actual amounts of money spent on the entire projects.

New COCOBOD Chief Executive, Joseph Boahen Aidoo, had disclosed that over 230 different road contracts were awarded under the previous regime to the tune of over GH¢3.5 billion, which he said was above the financial muscle of the state-owned cocoa agency.

He had explained that the preliminary audit revealed what he described as ‘outrageous’ cost components of most of the contracts.

Mr Boahen Aidoo underscored, “We are just suspending the project to make way for a comprehensive audit which will give us a clearer picture because we need to protect the public purse, especially money coming from the sweat of modest cocoa farmers.”

Cocobod had directed the Ghana Highway Authority to suspend works on roads in cocoa growing areas, explaining that it would want to review the rationalization of each one of the projects.

“This is to inform you that the Board of Directors of Ghana Cocoa Board had directed that work in connection with the above contracts be suspended with immediate effect,” a statement indicated.


COMMENTS

Loading...
Loading...
Name

Africa Politics,119,Biography,26,br,1,Breaking News,224,Business,21,Celebrities,919,Donald Trump,38,Education,3,Entertainment,625,Extras,47,Foreign News,7,Foreign Showbiz,385,Ghana People,140,Ghana Politicians,531,Ghana Politics,719,Ghana Post,2,Gossip,194,Lifestyle,239,Local Showbiz,1027,Music,156,News,725,Opinions,25,People and Opinions,268,Politics,140,Religion,26,Sex Tapes,30,Social Media,82,South Africa Today,109,Sports,1006,Tech,5,Try it,1,USA Today,129,Videos,161,Viral,196,World Politics,176,
ltr
item
GhanaPoliticians.com: NDC blows $450m on dubious cocoa roads
NDC blows $450m on dubious cocoa roads
https://1.bp.blogspot.com/-TXtI9fA5V-Q/Wc-7eZ2hWbI/AAAAAAAAPrs/aNNXjPu2KpEmLdSmvjBQpPDwgsNTBHgPACLcBGAs/s320/as.jpg
https://1.bp.blogspot.com/-TXtI9fA5V-Q/Wc-7eZ2hWbI/AAAAAAAAPrs/aNNXjPu2KpEmLdSmvjBQpPDwgsNTBHgPACLcBGAs/s72-c/as.jpg
GhanaPoliticians.com
http://www.ghanapoliticians.com/2017/09/ndc-blows-450m-on-dubious-cocoa-roads.html
http://www.ghanapoliticians.com/
http://www.ghanapoliticians.com/
http://www.ghanapoliticians.com/2017/09/ndc-blows-450m-on-dubious-cocoa-roads.html
true
7028582800879771799
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy