SADA ordered to retrieve close to GHC3Million paid to two companies cultivating butter nut squash

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He said the company, last year exported butter nut squash to Europe and was about to harvest the next one.

He said the company paid about 64,000 Ghana Cedis to SADA last year. This amount represented only two percent of the money it was supposed to repay in five years.

The audit report said SADA failed to produce records of the number of tonnage of the butternut squash the companies had harvested, exported and sold.

It said the practice could be a recipe for financial malfeasance and  recommended therefore, that the companies be made to refund the amount granted to them together with interest at the current commercial bank lending rate because the economical viability of the project could not be ascertained.

 
More on this story with videos will telecast at 8pm tonight on the Joy News Channel on MultiTV. Pictures can also be found at www.myjoyonline.com.

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