The Cocoa Processing Company PLC (CPC) has interdicted seven staff members following audit findings that flagged more than GH¢4.37 million in alleged financial irregularities linked to the company’s Consumer Cooperative Shop in Tema.

The action follows a special audit conducted by the Ghana Audit Service, which reviewed the operations of the shop over the 2023–2024 and 2024–2025 financial years. The report, completed in March 2026, raised concerns over outstanding receivables and operational lapses within the facility.

According to the audit, the Consumer Cooperative Shop—operated by staff unions on CPC premises—owed the company GH¢4,373,355.04 as of September 2025 for goods supplied. The report also indicated that the shop allegedly operated rent-free and did not pay utility charges during the period under review.

The Managing Director of CPC, Prof. William Coffie, in a letter addressed to one of the affected employees, said management acted in line with audit recommendations after reviewing the findings and responses submitted by the staff.

Management stated that although the affected employees were given the opportunity to respond to audit queries, further investigations were necessary to establish accountability and ensure compliance with audit directives.

Those interdicted include senior union executives and departmental officers, among them the Chairmen of both the Senior and Junior Staff Unions, accounts personnel, production managers, and technical staff working within the confectionery and engineering departments.

The affected staff are Theodore Matey Tackey, Abdul-Samed Adams, George Yanney, Daniel Mensah, Genevieve Pawar, James Ababio, and Michael Eshun.

As part of the interdiction measures, the staff have been barred from accessing the Consumer Shop’s financial operations and instructed to submit handing-over notes. They are also required to participate in a comprehensive stock-taking exercise involving CPC’s Audit and Accounts Departments under security supervision.

The interdicted employees will receive two-thirds of their salaries while investigations continue, in accordance with the company’s conditions of service.

The Ghana Audit Service has recommended immediate recovery of the outstanding amount and called for stricter controls over the management of rent, water, and electricity usage at the shop to prevent further financial exposure.

Further investigations are ongoing, with management expected to take additional disciplinary or legal action depending on the outcome.