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Friday, August 1, 2025

Massive financial loss scandal rocks Gold-for-Oil Programme

….Sacked MIIF CEO, BOST, BoG face scrutiny; Mahama & others in Dubai to address crisis

Reports, have emerged about the dismissal of Edward Nana Yaw Koranteng, Chief Executive Officer (CEO) of the Minerals Income and Investment Fund (MIIF), with sources linking his removal to millions of dollars in losses incurred under the Gold-for-Oil (G4O) programme, which has faced substantial financial setbacks and operational challenges.

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