Finance Minister Ato Forson has issued a strong and urgent call to the newly inaugurated board of the Produce Buying Company (PBC), warning that they must not repeat the mistakes of the past as the institution struggles under the weight of corruption and mismanagement.
Speaking at the swearing-in ceremony of the new board chaired by Nana Meisu Adu, Forson lamented the collapse of what was once a vibrant company central to Ghana's cocoa sector. "The company has, sadly, been brought to its knees," he said, making clear his frustration over the extent of institutional failure.
He expressed particular outrage that PBC, a company with national significance, is currently unable to meet its most basic obligation-paying its workers.
For the Finance Minister, this isn't just a business issue but a moral one. "It is unacceptable that PBC cannot even pay its workers.