The Minerals Income Investment Fund (MIIF) has categorically denied recent allegations of financial irregularities within its operations, describing the claims as unfounded and misleading.
The allegations, which have circulated in recent media reports, suggested mismanagement and financial misconduct, particularly during the tenure of the immediate past Chief Executive Officer, Edward Nana Yaw Koranteng.
However, MIIF has firmly dismissed these claims, stating that they are without merit and do not reflect the reality of its operations.
In a statement, MIIF acknowledged the reports and assured the public that the Fund's financial statements are currently undergoing a comprehensive audit as part of standard corporate governance practices. "MIIF wishes to clarify that subsequent to the recent transition, the Fund's financial statements are currently undergoing a comprehensive audit in accordance with established procedures and corporate governance practices.
