Fake investors conniving with desperate lawyers, weak banks to milk Ghana's Agricultural sector dry
He says, indigenous lawyers, local banks, are constantly conniving insidiously to milk the country's Agricultural sector dry, hence the weak performance of Agriculture in the country.
Freeman Koryekpor 
A social entrepreneur deeply involved in Ghana's Agricultural sector, and has suffered unjustifiably in the hands of institutions and people manning Ghana's Agricultural value chain, Mr Issa Ouedraogo has decided to call out names to bell the cat.
He says, indigenous lawyers, local banks, are constantly conniving insidiously to milk the country's Agricultural sector dry, hence the weak performance of Agriculture in the country.
In short, the Founder and Chief Executive Officer of B-BOVID Limited, Mr. Issa Ouedraogo who has gone through hell in the hands of the aforementioned in the last 17 years, claims until government of Ghana identifies these abnormalities silently creating an avoidable lacuna along the value chain of the Agricultural sector, and stem the tide, nothing significant would be achieved whilst the pockets of individuals fronting for fake foreign investors as lawyers, and banks would continue to get full.
These irresponsible local banks, he stressed would continue to whitewash the surface of the fiscal policy regime and beneath their activities, they would continue to connive with fake foreign investors to shortchange the country in various ways.
Addressing participants at Ghana social enterprise forum organized on Friday at the British Council under the theme;"Partnerships for sustainable development: social enterprises as catalysts for inclusive growth in Ghana, an angry Issa Ouedraogo, who has had terrible experience and practical issues with all the aforementioned in the last 17 years, while dealing with them, pointed out that foreign direct investment into Ghana's Agricultural sector appears good in the books, but lacks clarity, conformity, and integrity.
He cited his personal engagement with Moringa, one French organization which came into the country as social impact investors and cunningly took over his company he personally struggled to birth in the last two decades with his sweat and toil without the support of any government institution.
He said government must consider investigating the modus operandi of Moringa to ascertain if indeed the company was decent enough and does not hold
Ghana sway in its underhand dealings with local and foreign partners.
He again cited two banks, one for fraudulently engaging in unprofessional conduct to assist investors to cheat, and milk the Agricultural sector dry.
They are, Agricultural Development Bank (ADB) for denying him and others value for interest free facility acquired.
In the case of ADB, he said he negotiated with a bank outside called BADEA in Sudan
for an interest free facility which had to pass through ADB, but eventually the loan was given to him by the ADB at a cut throat interest rate at the blindside of central government. This issue, he said must not be swept under carpet, and that government must cause serious investigation into the matter. He said ADB fabricated a very bad story about him, and defamed him completely before many dignitaries in this country and also publishing falsehood about his company nationally and internationally.
For Fidelity Bank, he claims the Bank unprofessionally got misguided to engage in illegal tampering of accounts, approval of transactions at his blind side with an account he jointly owned with Moringa.
In his quest to promote peri-urban farming, the social enterprise entrepreneur, initiated in 2012 the Ghana Peri-urban Vegetables Value Chain Project (GPVVCP), which is a subsidiary project under GCAP being funded by a grant of US$2.85 million from the Japan Social Development Fund (JSDF) through a Trust Fund Arrangement with the World Bank.
Unfortunately, his company was eliminated at the implementation stage in 2017 with an excuse that the company never showed interest.
The project is being implemented by the Ministry of Food and Agriculture (MOFA)
In his attempt to fight for justice in the law courts as he exposed the double standard of Moringa pretending to engage in social entrepreneurship which culminated in the partnership with his company B-BOVID, he said Ghanaian lawyers working in the cover of darkness for monetization of justice, then jumped to the defense of Moringa, obviously sending a wrong signal out there that the justice system of the country was for the highest bidder where crooks could maneuver and manipulate their way through, once they had money.
All these negative developments, he underscored, would continue to work impervious against the Agricultural sector and ultimately the national economy.
It would further move mountains to exacerbate the worsening growing phenomenon of unemployment in the country, constantly ringing profusely into the ears of entrepreneurs, political leaders, and government officials.
He therefore cautioned all stakeholders working in the Agricultural industry to guard against entertaining diatribes, selfishness, excessive greed, and ignorantly promoting fake investors who clandestinely might be conniving with desperate lawyers to milk the Agricultural sector dry.
He advised central government to create an opportunity for all the above mentioned issues to be investigated to save the country from sinking further under the guise of foreign direct investment.
ABOUT B-BOVID
B-BOVID- Building Business on Values, Integrity and Dignity, is a private agro-business in the agricultural value chain operating in the palm oil and vegetables
sector.
B-BOVID promotes sound agricultural practices and ecological farming, and offers training to farmers on variety of improved agricultural methods.
It also organizes community outreach programmes to encourage small holder farmers to adopt modern technology, promotes healthy lifestyles and nutrition, and educates farming communities on the impact of climate change and land degradation.
