{"id":154239,"date":"2024-02-21T14:07:21","date_gmt":"2024-02-21T14:07:21","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/02\/21\/mines-and-energy-committee-demands-details-on-12m-expenditure-in-suspended-agyapa-deal\/"},"modified":"2024-02-21T14:07:21","modified_gmt":"2024-02-21T14:07:21","slug":"mines-and-energy-committee-demands-details-on-12m-expenditure-in-suspended-agyapa-deal","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/02\/21\/mines-and-energy-committee-demands-details-on-12m-expenditure-in-suspended-agyapa-deal\/","title":{"rendered":"Mines and Energy Committee demands details on $12m expenditure in suspended Agyapa deal"},"content":{"rendered":"

<\/p>\n

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The Mines and Energy Committee in Parliament has directed Edward Nana Yaw Koranteng, Chief Executive Officer of the Minerals Income Investment Fund (MIIF), to provide additional details on the $12 million spent on the suspended Agyapa royalties deal, effective February 27, 2024.<\/p>\n

Mr. Koranteng made this disclosure during a Public Accounts Committee (PAC) Sitting on Tuesday, February 13, where he clarified that the $12 million was utilized in the process of issuing the initial public offering on the London Stock Exchange before the deal was suspended.<\/p>\n

The revelation has triggered a public outcry, with the National Democratic Congress (NDC) pledging to prosecute government officials and individuals involved in the controversial deal if successful in the December polls.<\/p>\n

In response to the concerns, the Committee issued a statement, dated Tuesday, February 20, 2024, and signed by the Schedule Officer, Benjamin Tachie Antiedu, demanding MIIF to provide the Committee with comprehensive information regarding the alleged $12 million expenditure on the suspended Agyapa royalties deal.<\/p>\n

The Committee asserts that this information is necessary for them to take appropriate measures in response to the allegations.<\/p>\n

Find the full statement below<\/strong><\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

The Mines and Energy Committee in Parliament has directed Edward Nana Yaw Koranteng, Chief Executive Officer of the Minerals Income Investment Fund (MIIF), to provide additional details on the $12 million spent on the suspended Agyapa royalties deal, effective February 27, 2024. Mr. Koranteng made this disclosure during a Public Accounts Committee (PAC) Sitting on […]<\/p>\n","protected":false},"author":1,"featured_media":154240,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-154239","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\nMines and Energy Committee demands details on $12m expenditure in suspended Agyapa deal - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/02\/21\/mines-and-energy-committee-demands-details-on-12m-expenditure-in-suspended-agyapa-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mines and Energy Committee demands details on $12m expenditure in suspended Agyapa deal - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Mines and Energy Committee in Parliament has directed Edward Nana Yaw Koranteng, Chief Executive Officer of the Minerals Income Investment Fund (MIIF), to provide additional details on the $12 million spent on the suspended Agyapa royalties deal, effective February 27, 2024. 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