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EX-COCOBOD CEO Joseph Boahen Aidoo Returns Missing 2018 BMW 7 Series After 14 Months

COCOBOD Begins Roadshow To Raise About US$1.3bn For 2022/2023 Cocoa Crop Season
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The former Chief Executive Officer (CEO) of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo, has quietly returned a 2018 BMW 7 Series saloon car to the organization’s headquarters in Accra, following reports that the vehicle had been missing from COCOBOD’s official fleet for about 14 months after his departure from office.

Sources close to the matter, as reported by the Daily Post, indicate that the vehicle was handed over last Friday, February 27, 2026, in a low-profile manner. A uniformed policeman, reportedly Aidoo’s former bodyguard, allegedly drove the BMW into the COCOBOD compound around 5:00 a.m. and delivered the keys to the Chief Transport Officer.

The return reportedly occurred after COCOBOD officials discovered the car was unaccounted for during an inventory check of its vehicle pool and referred the issue to the Bureau of National Investigations (BNI). Intelligence suggests Aidoo acted on a tip-off about the impending probe to preempt any formal action against him.

Accompanying the vehicle’s documents was a letter from Aidoo claiming he had taken the car in accordance with COCOBOD policy, which permits senior officers to purchase official saloon vehicles older than two years upon exiting office. He allegedly referenced a prior letter to the Human Resource Directorate expressing interest in purchasing it.

However, inquiries by the Daily Post found no record of such a letter in the Human Resource Directorate’s files. Standard procedure for vehicle purchases requires a formal application to the Board, independent valuation, Board approval, payment, and proper transfer of ownership documentation—steps that were reportedly not followed in this instance.

Notably, during the final meeting of the outgoing COCOBOD Board on December 24, 2024—when Aidoo was still CEO and a Board member—he presented promotions for around 100 staff but made no mention of any intent to acquire the vehicle. Instead, he is said to have simply removed it without prior notification or approval.

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