The Minerals Income Investment Fund (MIIF) says it has become the target of a carefully coordinated smear campaign allegedly driven by a group of disgruntled former executives and past board members.
In a press statement issued in Accra yesterday, MIIF said these individuals have been using selected media outlets in recent weeks to circulate misleading information aimed at casting doubt on the integrity of the institution and its Chief Executive Officer.
MIIF reports that the publications being circulated revolve around the Fund’s 2024 Audit Report, an audit that is still undergoing normal, structured engagement between MIIF and the Office of the Auditor-General.
The Fund explains that these engagements, which are cordial and ongoing, aim to ensure that the final audit accurately captures all issues raised in the Management Letter so that the public receives clear and factual information.
Despite this legitimate process, MIIF says certain faceless actors have chosen to misrepresent the situation by spreading insinuations and unfounded claims.
According to the Fund, these attacks appear to be part of a deliberate scheme to weaken public trust in the institution’s leadership.
MIIF further alleges that some of these stories are being published by individuals who have been hired specifically to create a negative public impression.
The Fund maintains that it has never attempted to alter or interfere with any signed financial statements, countering the suggestions made in the alleged misleading publications.
MIIF stresses that its interactions with the Auditor-General have been transparent and professional at all times and that the audit process is following the normal procedures required of all state institutions.
MIIF further revealed that a source connected to the individuals behind the negative stories contacted the Fund and issued direct threats.
The source allegedly stated that unless MIIF published the financial report on its website and letterhead by a specific deadline, an intensified wave of damaging stories would follow. According to MIIF, this threat was explicit and left no doubt about the intentions of the group.
“We do not care about how well she is doing in the Fund. All we want is the report out on MIIF’s website, and if we do not see it, we will write all manner of fabricated stories against her,” the source reportedly said.
MIIF says it is treating this matter as serious and has escalated it to the appropriate authorities. The Fund also claims that some former board members and executives from the previous administration may be pushing this agenda for personal reasons.
According to MIIF, certain individuals believe that the publication of the audit report will allow them to resume international travel to attend to personal and business commitments.
MIIF says this revelation only confirms that the publications are part of a calculated effort to apply pressure on the current management to act against the best interest of the Fund and the state.
The fabricated stories have also attempted to cast doubt on the Fund’s transparency and integrity in managing Ghana’s mineral revenues. MIIF insists these claims are baseless and misleading.
It also notes that the matter may have originated from September 2025, when a former board member requested access to the Fund’s audited financial statements under the Right to Information Act and later took the issue to the RTI Tribunal.
The tribunal has yet to issue a ruling, but MIIF notes with concern that the same individuals behind the publications are already circulating commentary as though the outcome has been finalized. The Fund describes this behaviour as inconsistent and premeditated, aimed solely at creating confusion.
MIFF further suggests that some of the individuals driving this narrative may be seeking to distract from ongoing investigations being conducted by statutory bodies, including investigations by the Office of the Special Prosecutor. MIIF says evidence increasingly points to personal motives rather than genuine public interest.
Independent observers who have reviewed the situation have urged the public to disregard the misleading publications, describing them as attempts to divert attention from lawful investigations and to tarnish the reputation of the Fund.
Despite these challenges, MIIF says it remains committed to its mandate of safeguarding and growing Ghana’s mineral income for future generations.
The Fund affirms that it will continue to operate with transparency, cooperate fully with the Auditor-General, and remain focused on its responsibilities despite the false narratives being circulated.
