The Office of the Special Prosecutor (OSP) has detained Dr. Sledge Nana Yaw Duodu, Chief Executive Officer of Goldridge Refinery Ltd, after he failed to meet bail conditions.
Dr. Sledge is under investigation for alleged corruption and related offences involving the Minerals Income Investment Fund (MIIF). The probe focuses on the mismanagement of the State’s gold trade programmes, particularly the Gold for Forex and Gold for Oil initiatives.
According to the OSP, Goldridge Refinery’s failure to honour trade settlements under these schemes caused the State to lose over USD 94 million. Investigations are ongoing as the OSP intensifies its crackdown on financial misconduct.
