The occupant of the Golden Stool Otumfuo Soei Tutu II, has warned chiefs under jurisdiction who have gained notoriety in selling stool lands to be reminded that their conduct is being closely monitored by the Manhyia Palace.
He is worried that the chiefs in question sell the lands at throat-cutting prices indicating that it has the potential of driving away investors from the Ashanti Region.
This he observes will also result in the inability of many persons especially the youth in the area to get jobs in order to fend for their families.
During a courtesy call on him by executives of Association of Ghana Industries (AGI) in commemoration of Awukudae Festival which fell on Wednesday, he expressed his displeasure by the conduct of some chiefs who are selling stool lands to amass wealth at the expense of their subjects.
According to him, the chiefs after making huge cash from the sale of such lands but only pay as little as GH¢ 150 and GH¢ 200 share of proceeds hinting of measures to curb this practice.
Otumfuo also promised to bring to public scrutiny a log book where these proceeds are recorded at the land secretariat which received applause from the audience which included Finance Minister Seth Tekper, chiefs, a Chinese-delegation among others.