Fidelity Bank Ghana Limited has categorically denied claims that it seized $25 million from the Minerals Income and Investment Fund (MIIF) under the Gold for Forex programme.
The bank issued a press release on 23rd January 2025 to clarify misconceptions surrounding its partnership with MIIF, as reported by some media outlets.
Key clarifications No seizure of funds: Fidelity Bank stated unequivocally that it has not seized any funds from MIIF.
The financial transaction in question relates to a foreign exchange pre-settlement agreement, not the confiscation of funds.
