Seven interdicted employees of Cocoa Processing Company PLC are demanding their immediate reinstatement, insisting they are not responsible for an unaccounted amount of GH¢4,373,355.04 cited in an audit by the Ghana Audit Service.
The audit, which reviewed the company’s operations for the 2023/2024 and 2024/2025 financial years, reportedly identified financial irregularities linked to products supplied to the CPC Consumer Cooperative Shop located on the company’s premises.
The cooperative shop, run by staff through their respective unions, serves employees of the company.
However, the interdicted workers argue that the audit findings have been misinterpreted, leading to what they describe as an unfair decision to interdict them without adequate evidence of wrongdoing.
Speaking to Citi Business News, one of the affected employees, Theodore Matey Tackey who also serves as Vice Chairman of the CPC Consumer Cooperative Shop—called for a reconciliation process involving all parties to determine the true status of the accounts.
“Our call is that everyone should come together and go through the reconciliation. That will determine whether people have misappropriated funds or not. Secondly, those who have been interdicted should be reinstated,” he said.
Mr. Tackey maintained that the workers carried out their responsibilities within established procedures governing the cooperative shop.
According to him, the audit team did not engage the workers during the audit process to seek clarification on the alleged debt.
“The Ghana Audit Service never asked us any questions. No one called us to explain how the GH¢4.3 million debt came about. The only communication we received was from the Managing Director, and we responded to indicate that we do not owe the company,” he said.
He explained that a reconciliation document had already been signed by the former Director of Administration and the cooperative shop’s management, indicating that, based on their records, the shop does not owe the company.
“There is a reconciliation document that has been signed by the former Director of Administration, and we have also signed our part. According to our books, we do not owe,” he stated.
He further indicated that the cooperative shop acted on management’s request when it procured the chocolate products cited in the audit.
