Edudzi chides Boahen Aidoo for 'completely destroying' COCOBOD
Published:
4 months ago
Source:
GhanaWeb
The main opposition ' Edudzi Tameklo has said Joseph Boahen Aidoo, the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), is a "very wicked man" who has "completely destroyed" the credit-worthy state company the Akufo-Addo government inherited from the Mahama administration and run it down to the extent that international banks no longer find it attractive to do business with. Mr. Tameklo's effusions follow an announcement by COCOBOD at a media briefing on Tuesday, August 20, 2024, that it is breaking away from the 32-year tradition of relying on offshore borrowing to fund cocoa purchases through its cocoa syndication program. For the 2024-2025 cocoa crop season, which begins in September 2024, Mr. Aidoo told journalists that COCOBOD is set to transition to self-financing to reduce its dependency on external funds.
"Is it good that COCOBOD should always be heard going to borrow?