The Minerals Income Investment Fund (MIIF) has rejected media reports alleging that the Fund and its Chief Executive Officer, Justina Nelson, attempted to tamper with the institution’s 2024 audited financial statements. MIIF described the claims as false, malicious, and part of a coordinated smear campaign by some former executives and board members.

In a statement issued on Monday, December 8, 2025, the Fund said misleading headlines — including “Auditor-General Blasts MIIF for Attempting to Rewrite 2024 Audited Report” and “Auditor-General Blasts MIIF CEO Over ‘Improper’ Request” — were being circulated by individuals seeking to undermine the institution’s integrity and leadership.

MIIF clarified that the 2024 Audit Report remains under professional and cordial review between the Fund and the Office of the Auditor-General. These engagements, it said, are intended to ensure that the final report accurately reflects issues outlined in the Auditor-General’s Management Letter. At no point, MIIF stressed, has it attempted to alter any signed financial statements.

The Fund further alleged that the publications are being orchestrated by “paid and hired” media operatives acting on behalf of certain former executives and board members who are attempting to pressure management to publish the audit report on MIIF’s website and letterhead.

According to MIIF, a source linked to the individuals behind the publications indicated that the attacks would continue unless the Fund bowed to their demands. The Fund said it has reported this threat to the relevant authorities.

MIIF also claimed that some of the persons driving the campaign have personal motives — including hopes of securing foreign travel opportunities they believe would be easier to obtain if the report is made public. The Fund added that certain former executives involved in the smear effort are currently under investigation by the Office of the Special Prosecutor.

The Fund pointed to related proceedings before the Right to Information (RTI) tribunal, where a former board member has requested access to the audited financial statements. MIIF said attempts to influence public opinion ahead of the tribunal’s decision through “wild commentaries” reveal the bad faith underlying the negative campaign.

MIIF added that independent analysts who have reviewed the matter have urged the public to ignore the publications, describing them as deliberate attempts to distract from ongoing investigations concerning some former officials.

Reaffirming its commitment to transparency, due process, and the prudent management of Ghana’s mineral revenues, MIIF said it will continue cooperating with the Auditor-General and remain focused despite what it called “false and orchestrated” attacks.

Established under Act 978, the Minerals Income Investment Fund is a sovereign minerals fund mandated to maximise the value of Ghana’s mineral royalties and dividends, ensuring their responsible, sustainable, and beneficial management for the long-term development of the country.