The future of the Produce Buying Company (PBC) is uncertain. Its assets may be sold to pay a debt.
A group of banks has secured a judgment against PBC. This has led to a court order for the company's properties to be auctioned.
This situation threatens a significant part of Ghana's cocoa buying infrastructure. The company has a long history in the sector.
Concerns have been raised that auctioning PBC's assets is like auctioning Ghana's cocoa legacy. This could impact farmers and the wider industry.
Urgent intervention is needed to prevent the sale of these historic assets.
The full impact on cocoa farmers and the economy is being assessed.
Further details on the legal proceedings and potential remedies are awaited.