EOCO investigating some aspects of Komenda Factory but a test run will begin next month- Minister
The Minister for Trade and Industry, Alan Kyerematen has disclosed that a test run for the revamped Komenda Sugar Factory will start in July.
He was responding to questions when ge appeared before Parliament on Tuesday, June 28, 2022.
Answering questions in Parliament, Alan Kyerematen said some aspects of the issues surrounding the factory are still a subject matter of investigation by the Economic and Organised Crime Organization (EOCO).
“From the initial findings of a forensic audit report, we are aware that the factory has been valued at an amount of $16.9 million as against a cooked value that was inherited of over $36 million. That has been a major problem in finding a strategic investor to run, manage and invest in this factory.”
“The matter is before EOCO, they are undertaking further investigations in this matter. It will help us understand the difficulties that we have had both under the previous and current governments in finding a strategic investor to take over the factory at a good value.”
He added that the government, “as responsible as it is, is committed to doing all it can to ensure that the people of Komenda get the full benefits of the factory.”