COCOBOD CEO responds to Minority's call for his removal - News Summed Up

COCOBOD CEO responds to Minority's call for his removal


General News of Friday, 13 February 2026Source: www.ghanaweb.comChief Executive Officer of the Ghana Cocoa Board (COCOBOD), Dr Randy Abbey, has responded to calls by the Minority Caucus in Parliament, demanding his removal as CEO, citing recent reforms in the cocoa sector. According to a citinewsroom.com report on February 12, 2026, Dr Abbey said the challenges currently facing the industry are the result of decisions taken by the previous administration. They have therefore demanded that Dr Abbey be removed from office. Dr Randy Abbey clarified that the long-standing syndicated loan model, which had financed cocoa purchases for 32 years, collapsed during the 2023/2024 season under the previous government. “For the first time in the history of the loan, the first tranche hit the COCOBOD account on December 22.


Source: GhanaWeb February 13, 2026 13:27 UTC



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