Shockwaves are hitting Ghana’s cocoa industry as COCOBOD’s alleged loan default claims come under fire, with the lending bank confirming that the full loan has been repaid. The revelation has sparked outrage, confusion, and serious questions about the handling of one of the country’s most important agricultural institutions.
Sources reveal that despite public reports suggesting financial mismanagement, the bank’s statement clears COCOBOD of default, exposing discrepancies in earlier claims. Stakeholders are now demanding answers and accountability from those who first announced the alleged default.
The controversy has sent social media into a frenzy, with industry watchers, cocoa farmers, and citizens questioning how such conflicting information could circulate, potentially undermining confidence in one of Ghana’s most vital export sectors.
As the dust settles, the focus now shifts to rebuilding trust, clarifying facts, and ensuring transparency, while COCOBOD scrambles to manage the fallout from claims that appear increasingly baseless.
