Wednesday, February 12, 2025

Former MIIF boss, officials under OSP investigation over financial irregularities

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Former CEO of Minerals Income Investment Fund, Edward Nana Yaw Koranteng Former CEO of Minerals Income Investment Fund, Edward Nana Yaw Koranteng

The Office of the Special Prosecutor (OSP) has launched an investigation into alleged financial irregularities involving officials of the Minerals Income Investment Fund (MIIF), including its former Chief Executive Officer, Edward Nana Yaw Koranteng.

According to the OSP, the probe is part of a broader effort to uncover potential mismanagement and misconduct within state institutions.

This was disclosed at a press briefing on Wednesday February 12, 2025.

While details of the investigation remain undisclosed, the OSP stated that it is scrutinizing transactions and financial dealings within MIIF during Edward Koranteng’s tenure.

The Minerals Income Investment Fund, established to maximize Ghana’s mineral wealth for sustainable development, has faced increasing public scrutiny over its management of mineral royalties and investment decisions.

This latest development adds to a growing list of high-profile corruption cases under investigation by the OSP, reinforcing the government’s commitment to accountability and transparency in public office.

SA/MA

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