The Minerals Income Investment Fund (MIIF) has raised concerns over a coordinated campaign by alleged former executives and board members aimed at maligning the Fund and its Chief Executive Officer (CEO) through misleading media publications.
Over the past few weeks, several sensational headlines have circulated, including: “Auditor-General Blasts MIIF CEO Over ‘Improper’ Request to Rewrite 2024 Report”, “Auditor-General Rejects MIIF CEO’s Rogue Request”, and “Auditor-General Blasts MIIF CEO Over Corrupt Audit Rewrite Request”.
MIIF clarified that these publications, which centre on the 2024 Audit Report, are false and misleading. The Fund is currently engaged in ongoing, professional discussions with the Office of the Auditor-General to ensure the final report accurately reflects the issues raised in the Management Letter. At no point has MIIF attempted to alter any signed financial statements, contrary to claims in the publications.
According to MIIF, intelligence indicates that the misleading reports are being propagated by paid publishers with the apparent aim of exerting pressure on the current management to publish the audit report on the Fund’s website. MIIF stresses that this pressure campaign is part of a deliberate agenda by certain former board members and executives to advance personal interests, including foreign travel.
The Fund also highlighted that some of the former executives behind these publications are currently under investigation by the Office of the Special Prosecutor, and the attacks appear intended to divert public attention from lawful inquiries.
Independent analysts have urged the public to disregard these false narratives, describing them as attempts to undermine transparency and the proper management of Ghana’s mineral revenues.
MIIF reaffirmed its commitment to due process, transparency, and its mandate to protect and grow Ghana’s mineral income for current and future generations. The Fund assured stakeholders that it will continue to cooperate fully with the Auditor-General and maintain focus despite these coordinated attacks.
