Corruption Former COCOBOD CEO faces 27 charges for causing financial loss

Attorney General and Minister of Justice, Gloria Akuffo filed a total of 27 charges against Opuni and one Seidu Agongo.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The state has filed a case against former Chief Executive Officer (CEO) of COCOBOD, Dr Stephen Kwabena Opuni for causing financial loss to the state.

Attorney General and Minister of Justice, Gloria Akuffo filed a total of 27 charges against Opuni and one Seidu Agongo.

The case will be up for hearing at the High Court on Friday, March 23, 2018.

READ MORE: Our schools are producing intelligent criminals - Opuni-Frimpong

It would be recalled that the current Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, in 2017, hinted that Dr Stephen Kwabena Opuni, would appear before court for the several financial malpractices he is alleged to have perpetuated during his tenure of office.


According to him, Dr. Opuni – an appointee of ex-President john Mahama – during his tenure, in some instances, "resolved to cause financial waste" to the state, especially under the free fertilizer initiative of the erstwhile National Democratic Congress (NDC) government.

READ ALSO:  President Akufo-Addo fires Opuni as Cocobod CEO

Dr. Opuni is alleged to have conspired with some top officials of COCOBOD to siphon cocoa cash.

Some of the officials who reportedly perpetuated the financial malfeasances have been interdicted.

READ ALSO: I'll make sure Opuni goes to jail - Kennedy Agyapong

Mr Aidoo observed that the previous management of COCOBOD succeeded in looting the state several millions of dollars, including a whopping $400 million from the $1.8 billion syndicated loan for the 2016/2017 crop season, which the NDC administration is reported to have expended during the transition period – between December 20, 2016 and January 6, 2017, an amount the erstwhile NDC government has reportedly failed to account for how it was expended.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email:

Recommended Articles

Recommended Videos

Top Articles

1 Montie 3 Remission Supreme Court adjourns petition on Montie 3 casebullet
2 Violence Journalists accused in renewed clashes at Ahwiaabullet
3 Corruption Money laundering, fraud charged against Dr Stephen Opunibullet
4 Freedom Rape suspect freed as victim confessed of enjoying sexbullet
5 Violence One dead in fresh clashes at Kwabre East Districtbullet
6 Finally Ghanaians to get a National ID in April - Bawumiabullet
7 Sad 2 children drown in a well at Nsawambullet
8 Tragedy 12-year old boy hangs himself at Assin Berekubullet
9 Ignorance Prophet advices women not to marry a poor manbullet
10 Billy Agbozo Ghanaian ‘drug dealer’ executed in Singaporebullet

Top Videos

1 Ebony's Death Video of Ebony's soldier singing 'morale songs' goes viralbullet
2 Video I don't have time for sex - Obinimbullet
3 Video Sad tale of Ghanaian journalist who left BBC for $162,000 drug jobbullet
4 Political Marriage Ras Mubarak Marries Muntaka's Daughter As...bullet
5 Preparing For Death Pastor makes his tomb in his housebullet
6 Accident Truck driver survives death in accident at Taifabullet
7 Local News Police arrest men with bombs at Odorkorbullet
8 Local News GWCL starts water rationing across the countrybullet
9 Local News Unity Hall And Katanga Of KNUST To Be...bullet
10 #One Corner New dance craze hits Swedrubullet