The Minister for Finance, Dr. Cassiel Ato Forson, has expressed deep concern over the ongoing mismanagement and corruption at the Produce Buying Company (PBC) Limited, stressing that the current state of affairs is unacceptable and must be reversed urgently.
Speaking at the inauguration of a new Governing Board for PBC Limited in Accra, Dr. Forson lamented the decline of the once-thriving cocoa purchasing company.
“I am deeply worried about what PBC has become. This is not good, and it cannot continue,” he stated candidly.
“I hear you cannot even pay your workers. This cannot continue. Let us work together to turn things around.”
He reminded the newly constituted Board of the critical task ahead, urging them to restore transparency, operational efficiency, and public trust in the company.
“As a new governing board, you have a big responsibility. You must not fail. The future of PBC and the livelihoods of many cocoa farmers depend on your decisions,” he added.
The newly sworn-in Board is chaired by Mr. Nana Meisu Adu, who, in his acceptance remarks, thanked the government for the confidence reposed in them. He assured the Minister of the Board’s commitment to working diligently to restore stability and growth to PBC.
Governing Board Members of PBC Limited:
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Mr. Nana Meisu Adu – Chairperson
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Mr. Seidu Yonye – Managing Director
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Mr. Imoro Sulemana – Member
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Ms. Pauline Adobea Dadzawa – Member
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Mr. Emmanuel Fuachie – Member
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Mr. Kwamina Amosa Coleman-Paittoo – Member
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Mr. Dominic Azimbe Azumah – Member
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Dr. Peter Afari – Member
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Nana Samuel Yaw Akuoko – Member
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Mr. Sampson Ashong – Member
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Mr. Collins Suntaa Kabuga – Member
Source: Finance Ministry
