Former COCOBOD CEO Opuni charged with causing financial loss to state

Former COCOBOD CEO, Dr Stephen Kwabena Opuni is standing trial over claims that he has caused financial loss to the state to the tune of over GHS217million.

In its pleading served an Accra High Court, state prosecutors claim Dr Opuni connived with Zeera Group CEO, Seidu Agongo to defraud the country in three separate contracts.

Investigations into deals signed under the former COCOBOD CEO commenced three days after the inauguration of president Nana Addo Dankwa Akufo-Addo in January last year.

Although the past John Mahama regime received several petitions in 2016 regarding some contracts awarded by Dr Opuni, no action was taken on them.

But he is facing 27 charges for causing financial loss to the state.

He is alleged to have signed three separate contracts for the supply of fertilisers from Germany. They were given to the Agricult Ghana Limited, a firm owned by Mr Agongo.

The fertilisers were to be distributed to farmers for the 2013/2014 cocoa farming season but they were produced locally, contrary to the terms of the agreement.

The clandestine operation, the state observed was replicated in the subsequent cocoa seasons culminating in a major contract worth GHS75.3million in 2015.

The Economic and Organised Crime Office (EOCO) has seized the passport of Dr Opuni and frozen his assets as part of investigations into contracts awarded under his tenure at COCOBOD.

But the National Democratic Congress (NDC) has promised to rally behind the accused to fight the “cooked” charges levelled against him.

NDC National Organiser, Kofi Adams claimed Dr Opuni has done nothing wrong to be maltreated by the state.

Leave a Reply

Your email address will not be published. Required fields are marked *