Minority accuses gov't of misapplying cocoa syndicated loan

They claim the first tranche of the loan that was released last month is being misapplied by the Akufo-Addo government.

NDC Minority in Parliament, led by Haruna Iddrisu

In a statement released to the media, they claim: "The Minority is however very disappointed that the funds have not been used for the intended purpose but rather diverted into areas that will not benefit the cocoa farmer in anyway."

Check out the full statement below

4. The recent findings from the work of the Center for Socioeconomic Studies (CSS) has revealed that COCOBOD has either refused, neglected or failed to allocate funds to the Licensed Buying Companies (LBCs), especially, Produce Buying Company.


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