Saturday, 16 May

Interdicted CPC employees demand reinstatement, deny responsibility for ¢4.3m audit debt

Crime
CPC PLC

Seven interdicted employees of Cocoa Processing Company (CPC) PLC are demanding their immediate reinstatement, maintaining that they are not responsible for an unaccounted ¢4,373,355.04 cited in a Ghana Audit Service report.

The audit, which reviewed the company's operations for the 2023/2024 and 2024/2025 financial years, identified financial irregularities tied to products supplied to the CPC Consumer Cooperative Shop.

The shop is located on the company's premises and is managed by staff through their respective unions to serve employees.

However, the interdicted workers argue that the findings have been misinterpreted, resulting in an unfair suspension without adequate evidence of wrongdoing.

Speaking to Citi Business News, Theodore Matey Tackey—one of the affected employees and the Vice Chairman of the CPC Consumer Cooperative Shop—called for a collaborative reconciliation process 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,” Mr Tackey said.

Mr. Tackey maintained that the workers operated within established procedures and noted that the cooperative shop had procured the chocolate products cited in the audit at the explicit request of management.

Furthermore, he stated that the audit team failed to engage the workers for clarification during the audit process.

“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 stated.

According to Mr Tackey, a reconciliation document had already been signed by the former Director of Administration and the cooperative shop’s management, which indicates that, according to internal books, the shop does not owe the company.

Source: classfmonline.com