Business News of Monday, 7 June 2021Source: www.ghanaweb.comFormer deputy Trade and Industry Minister, Carlos Ahenkorah in 2017 averred that a loan of US$24 million secured under the Mahama government to revamp the Komenda Sugar factory went missing. He said the loan was to assist sugarcane farmers in the Komenda area to produce enough raw materials to feed the sugar factory. He furthered that the NPP administration since its assumption of office cannot trace the loan secured by the previous government. On September 13, 2016 Former President John Mahama asserted that ‘with the establishment of the Komenda Sugar Factory, government has recently secured a loan of $ 24 million from the Indian Exim Bank to assist sugarcane farmers in the Komenda area to produce enough raw materials to feed the factory. This, the deputy Trade Minister and Member of Parliament for Tema West attributes to the unavailability of the $24 million loan secured from the Exim Bank.
