CEO of COCOBOD, Dr.
Randy Abbey, has raised concerns over the use of loans secured for the rehabilitation of cocoa farms affected by diseases.
A loan of 263 million dollars was contracted for the rehabilitation of 156000 hectares of cocoa farms.
But only 40000 hectares were completed at the time of taking over affairs at COCOBOD. "If we had successfully done this 156000 hectares, it would have contributed up to 200000 tonnes to our production; we took all this money, and all we have to show is just 40000 hectares completed," he lamented.
