TheGhanaTime

COCOBOD has not defaulted in syndicated loan repayment

2026-02-10 - 00:07

The assertion by the current Chief Executive of Ghana Cocoa Board that COCOBOD’s inability to pay Licensed Buying Companies (LBCs) is because the Board defaulted on syndicated loans during the previous NPP administration is false. Let this be stated plainly and unequivocally: Ghana Cocoa Board has never defaulted on any syndicated loan. Ever. This is

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