Consuming Trash: Unravelling the multi-million cedi business in Ghana’s expired products business (Part 1)

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It is entirely possible, from the investigation by DUBAWA, that part of this annual sales by the company are proceeds from the unlawful sale of expired products.

Checks by DUBAWA indicate an arrangement between Fareast Mercantile and its clients, which makes it possible for the clients to pay and return their expired stock to Fareast to be discarded under the strict FDA guidelines.In March 2022 alone, products worth GH₵294,211 from the principal suppliers to Fareast Mercantile, were deemed to have been damaged and or expired.

On January 20, 2022, the e-mail conversation was triggered by the Acting General Manager Sales- , Rahul Kashyap, with the subject title “RE: LIQUIDATION OF TWIN PACK HOB AND DIGESTIVE JAN – FEB’21”. On February 14, 2022, Habib responded by providing the product description, quantity, cost as well as the expiring dates.

Other similar stocks were also sold within the same period. The managers were only waiting to regularize the sold expired products, hence the January 20, 2022 mail sent by Kashyap.Emmanuel is one of the known dealers in expired products at CMB. The expired products supplied to him, as stated in this mail, were the same products said to have expired in January and February 2021. This can be verified by checking the product code, description and quantity.

 

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