EOCO after 3 'Mahama CEOs' for GHS116,611,779

The Economic and Organised Crimes Office (EOCO) is on the heels of some former CEOs of some state-owned institutions for misappropriation of funds.

Among those being sought after are the ex-CEOs of Ghana Free Zones Board (GFZB), and the Microfinance and Small Loans Centre (MASLOC); Kojo Twum Boafo and Sedinam Tamakloe, respectively.

A forensic audit commissioned by Cabinet into the operations of the institutions the two former officials superintended exposed certain anomalies.

According to the report, Mr Twum Boafo is expected to account for an amount of GHS3,919,622.00, equivalent to $1,622,821; while Ms Tamakloe is expected to account for GHS3,193,592.00.

Similarly, Mr Kwame Kingsley Awuah-Darko, a former Managing Director of the Bulk Oil Storage and Transportation (BOST) is expected to account for GHS109, 498, 565.00 equivalent to $33, 305, 527.00