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Government directs forensic audit into COCOBOD

Samuel Sackey by Samuel Sackey
February 12, 2026
in Business, News
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Cabinet direct COCOBOD to commence immediate payment of arrears to all cocoa farmers
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The government has directed the Attorney General, Dominic Akuritinga, and the Ministry of Finance to initiate a comprehensive investigation into the finances of COCOBOD over the past eight years, Finance Minister, Dr. Cassiel Ato Forson, has disclosed.

Addressing the press on Thursday, February 12, 2026, at the Ministry of Finance, Accra, he outlined a series of measures aimed at stabilizing the cocoa sector in light of the recent happenings in the Ghana Cocoa Board ( COCOBOD).

According to him, the cabinet had taken decisions to ensure accountability and transparency in the management of COCOBOD.

“To ensure accountability and transparency in the management of COCOBOD and the cocoa sector as a whole, the cabinet also directed the attorney general to commission concurrent forensic audit and criminal investigations into the activities of COCOBOD over the last 8 years.

“ The Cabinet has directed the Ministry of Finance to initiate, also, immediate reforms at COCOBOD to streamline their operations and cut costs wasteful and uncontrolled expenditure practices are to be curtailed immediately,” he added.

He explained that this announcement followed an emergency meeting convened by President John Mahama on Wednesday, February 11, 2026, which aimed to address the escalating concerns within the cocoa sector.

Source: Bertina Ofosu 

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