The Office of the Special Prosecutor (OSP) has initiated an investigation into alleged corruption at the Minerals Income Investment Fund (MIIF), with a particular focus on Agyapa Royalties, lithium assets, and quarry investments.
OSP Investigates Agyapa, Lithium, and Quarry Transactions
The OSP is examining potential corruption and related offenses involving the MIIF. The investigation encompasses several high-value transactions, including payments associated with Agyapa Royalties Limited, the Lithium Asset project, and the Quarry Value Addition Programme (QVAP).
During a press briefing on February 12, Special Prosecutor Kissi Agyebeng announced that the inquiry will scrutinize various financial transactions and investments made by MIIF.
Key Areas of Investigation Include:
- Payments to Agyapa Royalties Limited
- Small-Scale Mining Incubation Programme (SSMIP)
- Quarry Value Addition Programme (QVAP)
- Deals involving Asante Gold Corporation and ElectroChem Ghana Limited
- Projects related to lithium exploration and development
- Enchi Gold Project (Gold Asset 2)
- All other investments made by MIIF
- 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 released by MIIF
The OSP has identified two former officials and two current officials of MIIF as the main subjects of this investigation.
Response from Ofori-Atta’s Legal Team
This investigation is part of a wider anti-corruption initiative led by the OSP. It follows the recent declaration of former Finance Minister Ken Ofori-Atta as a wanted fugitive after he allegedly left the country to avoid questioning regarding multiple corruption allegations.
The OSP has committed to pursuing all suspected financial mismanagement and ensuring that those responsible are held accountable.
