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General News of Monday, 6 March 2017

Source: mynewsgh.com

EOCO freezes Daniel Ohene Agyekum's bank accounts

Former Board Chairman of Cocobod, Daniel Ohene Agyekum Former Board Chairman of Cocobod, Daniel Ohene Agyekum

The Economic and Organised Crime Office (EOCO) has frozen the bank accounts of former Board Chairman of Cocobod, Daniel Ohene Agyekum mynewsgh.com has gathered.

The move forms part of ongoing investigations into alleged fraudulent contracts awarded at Cocobod which led to former Chief Executive Officer (CEO) Dr Stephen Opuni having his entire assets also frozen by the state.

COCOBOD under the stewardship of Dr Opuni is alleged to have dubiously awarded last minute contracts to the tune of about $512 million through sole sourcing

The contracts were done at the blind side of the then transition team, and against the advice of some senior technocrats at the Cocobod.

A substantial number of these contracts were also awarded on restricted tender basis, the documents further show.

These contracts, which were hastily awarded between December 3, 2016 and December 23, 2016, include about US$159 million, for the dollar contracts, and GHS 120 million, for the Ghana Cedis contracts.