The Office of the Special Prosecutor (OSP) has launched an investigation into suspected corruption and corruption-related offences involving the Minerals Income Investment Fund (MIIF).
The probe covers multiple high-value transactions, including payments related to Agyapa Royalties Limited, the Lithium Asset project, and the Quarry Value Addition Programme (QVAP).
At a press briefing on Wednesday, February 12, Special Prosecutor Kissi Agyebeng revealed that the investigation will examine several financial transactions and investments made by MIIF.
Key areas of focus include:
- Agyapa Royalties Limited payments
- Small-Scale Mining Incubation Programme (SSMIP)
- Quarry Value Addition Programme (QVAP)
- Asante Gold Corporation and ElectroChem Ghana Limited deals
- Projected lithium-focused exploration and development corporation
- Enchi Gold Project (Gold Asset 2)
- All other MIIF investments
- Funds allocated to the MIIF Board Chairman
- Operational funds and land acquisition for MIIF’s office building
- Contracts and agreements entered into by MIIF
- Publications by MIIF
The OSP has identified two former officials and two serving officials of MIIF as the primary subjects of this investigation.
This investigation comes amid a broader anti-corruption crackdown led by the OSP. It follows the recent declaration of former Finance Minister Ken Ofori-Atta as a wanted fugitive after he allegedly fled the country to evade questioning on multiple corruption cases.
The OSP has vowed to pursue all suspected financial mismanagement and hold those responsible accountable.
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