Information gathered by Joy News indicates former COCOBOD Chief Executive Officer Dr Stephen Opuni is being investigated for some fraudulent transactions during his leadership of the institution.

The former COCOBOD CEO’s assets have been frozen by the Economic and Organised Crime Office (EOCO) pending conclusion on the investigation.

Sources close to Joy News say Dr Opuni is being investigated for some multi-million dollar contracts he is purported to have signed before leaving office.

Days to the January 7 swearing in ceremony, the governing New Patriotic Party (NPP) had implored officials of the erstwhile government to desist from signing contracts with policy implications.

However, sources say Dr Opuni flouted that regulation to sign some contracts with some private companies. The detail of the said contracts has not been made known.

The three-year tenure of the former COCOBOD CEO had been fraught with corruption allegations resulting in the agitation of the workers union.

The General Agriculture Workers Union (GAWU) and Industrial Commercial Workers Unions (ICU) accused him of privately selling cocoa beans to fund activities of the National Democratic Congress (NDC).

But the claim was rebutted by some of the staff who accused their colleagues of doing the biding of their paymasters.

He was appointed by the former President John Mahama on November 30, 2013 when he was heading the Food and Drugs Authority (FDA).

Copy of EOCO's letter