The Minerals Income Investment Fund (MIIF) has announced a comprehensive audit of its financial statements in line with established corporate governance procedures.
This follows alleged financial irregularities within the Fund, particularly during the tenure of the immediate past Chief Executive Officer, Edward Nana Yaw Koranteng.
MIIF, in a statement, reaffirmed its commitment to transparency and accountability, stressing that the public will be fully informed of the audit’s outcome.
“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. Ghanaians will be fully apprised on the outcome of this audit,” the statement added.
The Fund also pledged to address any irregularities in strict compliance with Ghana’s legal and financial regulations.
“Management of the Fund will take all necessary steps to address any irregularities that may be identified during the audit in full compliance with laid-down principles and the laws of Ghana,” the statement added.
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