Rejoinder: auditor-general’s report on expired chemicals and fertilizers at cocobod

Date: 24th August 2021

The Auditor General, in his report on the Public Accounts of Ghana: Public Boards, Corporations and other Statutory Institutions for the period ended 31st December 2020 indicated that expired fertilizers and agrochemicals valued at Ghc23.9 million had been written off from the books of Ghana Cocoa Board (COCOBOD) by the Board of Directors in 2018 without parliamentary approval.

The report has since been re-published by various media houses and online portals as well as social and political commentators across the country. We wish to update Ghanaians, especially our cherished cocoa farmers and other stakeholders with the facts behind the said report.

COCOBOD procures fertilizers and agrochemicals for distribution to cocoa farmers across the cocoa regions. Usually, these agrochemicals and fertilizers procured are distributed and applied the same year.

When the current Management took over administration in 2017, it was surprised to find out that there were significant volumes of chemicals and fertilizers in stock. It, therefore, caused an audit to be conducted on the items which revealed that some fertilizers and agrochemicals valued at GH₵23,957,520.65 had expired.

Management subsequently sought approval from the Board of Directors to write off the value of the expired agro-inputs from the books of COCOBOD, an approval which was duly granted.

Management is working with the Board of Directors for onward submission to Parliament for retrospective approval of the write-off through the Ministry of Food and Agriculture.

We wish to assure our stakeholders that prudent measures have been put in place to prevent the recurrence of issues of this nature.

ISSUED BY MANAGEMENT

1 Like

I believe this is scam as usual, the worth of the expired fertilizers just dey bost my brains…This is a strategy to squander and embezzle gov’t funds obviously… C’mon, this is so cheap…

Even if it’s true why sit for this to happen in the first place … don’t we have any ways to preserve these things hm

Wow! This is serious oo
But why will coco board allow this to happen? Who is going to educate and inform our farmers about this now since most of our farmers can barely read and write