The Office of the Special Prosecutor (OSP) says two major corruption probes involving the Minerals Income Investment Fund (MIIF) programme and the alleged diversion of petroleum products by more than 30 Oil Marketing Companies (OMCs) have reached advanced stages. The Herald’s investigations into the MIIF this year, revealed that MIIF cash, which came from mineral royalties, was used for various purposes beyond the gold deal. It was used for fuel purchases, senseless procurement of mine equipment, bailouts for private mining companies, fixed deposits, outrageous corporate social responsibility (CSR), among others. Interestingly, the OSP led by Kissi Agyebeng, has been fixated on the activities of Goldridge Company Limited, owned by Nana Yaw Duodu, alias “Dr. Sledge”. He and his firm are one of the many companies that had access to the MIFF cash. The Herald had worked on damning details regarding the alleged mismanagement and misuse of Ghana’s mineral wealth under the leadership of Edward Nana Yaw Koranteng, the Chief Executive Officer of the MIIF, which oversees the controversial Agyapa Royalties Limited. One of the most shocking revelations is the enormous amount allocated to Dr. Sledge, who has been linked to what seems to be a major financial raid on MIIF under the Akufo-Addo government. His company, Goldridge Ghana Limited, received about US$119 million in two payments. Documents available to The Herald, showed that US$94 million was first paid to Dr. Sledge, a well-known socialite in East Legon, Accra, for a gold trade deal that suffered irregularities. In November 2024, Fidelity Bank Ghana, seized US$25 million of MIIF’s funds due to another financial facility MIIF guaranteed to Goldridge. The OSP initiated this investigation following a series of The Herald publications on events at MIIF. Indeed, the OSP contacted this paper to assist with information on MIIF, but this was declined because similar assistance to the OSP in the US$1. 61 billion Aker-Energy transaction and bribes paid to journalists and Civil Society Organizations in 2021 have been investigated or mentioned by the Special Prosecutor at his public conferences. In a statement posted on its official Facebook page on Saturday, November 22, the OSP said it continues to push several high-value investigations forward, with rising public interest expected as the cases progress. The Office reaffirmed that its work remains anchored in due process, transparency, and the protection of the public interest. According to the update, the OSP disclosed that, under the MIIF investigation, it has already undertaken key statutory measures, including freezing accounts, seizing assets, and imposing restrictions on the movement of some individuals as part of the ongoing probe. The investigation centres on a gold-trading arrangement between MIIF and Goldridge Company Limited, introduced to support Ghana’s gold-for-oil and reserves programme intended to boost state revenue. In September 2025, the OSP confirmed that Nana Yaw Duodu, the Chief Executive Officer of Goldridge Company Limited, had been invited and subsequently detained after failing to meet bail conditions related to the same matter. Subsequently, on October 29, the Office of the Special Prosecutor raided Dr Sledge’s Trassaco residence and the Goldridge Company Limited offices in East Legon as part of ongoing investigations into the Minerals Income Investment Fund gold trade program. The Minerals Income Investment Fund (MIIF), created under Act 978 of 2018 to manage Ghana’s mineral royalties and state mineral investments, introduced its gold-trade initiative to support the government’s gold-for-oil and gold-for-reserves policies through private-sector partnerships. The second investigation involves an extensive fuel-diversion scheme in which more than 30 OMCs are being investigated for allegedly diverting marine gas oil, premix fuel, and diesel. The OSP says the alleged diversions have major revenue implications, and efforts are underway to recover millions of cedis that should have accrued to the state. The Office also mentioned that, beyond these two ongoing cases, several others, including issues involving the National Petroleum Authority (NPA) and Strategic Mobilisation Ghana Limited (SML), are already in court. The OSP emphasised that its mandate remains unchanged: to prevent, investigate, and prosecute corruption, and to ensure the effective recovery and management of state assets as the cases advance toward possible prosecution.
https://theheraldghana.com/osp-caught-in-another-skewed-investigation-at-miif/
Tag Archives: irregularities
Venezuelan Narco Regime Under Nicolás Maduro Provided Over $20 Million to Fund Black Lives Matter
The Washington Examiner has uncovered deep connections between the Chavista regime in Venezuela and Black Lives Matter (BLM), an organization that presents itself as a defender of racial rights but, according to documented evidence, has served as a vehicle for foreign Marxist agendas.
It all began in late 2012, when Hugo Chávez, the eternal father of 21st-century socialism, ordered the delivery of at least $20 million in suitcases filled with cash to Opal Tometi, one of the three co-founders of BLM alongside Patrisse Cullors and Alicia Garza. According to a former high-ranking Venezuelan official who defected and witnessed the meeting, the purpose was to “project the Bolivarian revolutionary project onto the streets of the United States,” meaning to sow chaos and division to erode American democracy from within.
This testimony does not come out of nowhere. The defector, close to Chávez’s inner circle, described a meeting in Caracas where Tometi arrived accompanied by three other African American women and actor Danny Glover, a known sympathizer of communist regimes like those in Cuba and Venezuela. On his deathbed due to cancer, Chávez saw BLM as the perfect tool to export his anti-imperialist ideology.
Notably, BLM had already emerged in 2013, spurred by the Trayvon Martin case, but its ideological roots are steeped in declared Marxism: Cullors identifies as a “trained Marxist,” and Tometi has invoked figures like Assata Shakur, a convicted fugitive for murder living in exile in Cuba.
The connections do not end there. In 2006, Chávez had already called from the World Social Forum in Caracas for the creation of a “fifth column” of the left in the U.S. to sabotage its policies. BLM fit the role perfectly.
In 2015, Tometi personally invited Nicolás Maduro, Chávez’s successor, to an event in Harlem, New York, during the UN General Assembly. There, Maduro shared the stage with Glover and a BLM co-founder, who embraced him warmly in front of a giant portrait of the dictator.
That same year, Tometi traveled to Venezuela as an electoral observer for the parliamentary elections, a process boycotted by the OAS, UN, and EU due to evident fraud. Rather than denouncing irregularities, Tometi praised the Venezuelan system as “one of the best in the world” and drafted a manifesto on behalf of BLM supporting the “Bolivarian revolution.” “Fulfilling my duty as a global citizen,” she tweeted, ignoring the extrajudicial executions and famine already plaguing the country.
This alliance is no coincidence but part of a hemispheric Marxist network orchestrated by the São Paulo Forum, promoted by Venezuela. BLM participated in its meetings, strengthening ties with dictatorships that oppress their own peoples—including millions of Venezuelan Afro-descendants massacred by Chavista repression.
Under Maduro, the Venezuelan police kill six times more people per year than in the U.S., in a country twelve times smaller and with private firearms banned. Cases like that of Genesis Carmona, a former beauty queen shot by snipers in 2014, or the racist lynching of a Black youth in 2017, symbolize the horror that Tometi endorsed.
While BLM raises millions in corporate donations—$90 million alone in 2020—its leaders buy luxury mansions and divert funds to family consultancies, leaving local chapters and victims of police violence with scraps.
From a conservative perspective, this revelation exposes the hypocrisy of the left: they preach racial justice while embracing tyrants who trample human rights. BLM is not an organic movement for equality; it is an extension of the Chavista agenda to destabilize the West, funded with dirty petrodollars from a narco-state sanctioned for drug trafficking.
Under the Trump administration, which is already pressuring Maduro over his alliance with cartels like the Cartel of the Suns, a thorough federal investigation is urgently needed. How much more money flowed? What role did corporations like Amazon or Microsoft, which donated fortunes to BLM, play?
The truth hurts, but it is the antidote to the red propaganda dividing America.
In summary, the $20 million delivered to Tometi was not philanthropy but an investment in chaos: violent protests, burning businesses, and the erosion of law. Venezuela, which exports hunger and repression, imported its poison to the U.S.
It is time for conservatives to demand transparency and the dismantling of these foreign networks. American freedom is not for sale to dictators.
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**About The Author**
**Joana Campos**
Joana Campos es abogada y editora con más de 10 años de experiencia en la gestión de proyectos de desarrollo internacional, enfocada en la sostenibilidad y el impacto social positivo. Anteriormente, trabajó como abogada corporativa. Egresada de la Universidad de Guadalajara.
https://gatewayhispanic.com/2025/10/venezuelan-narco-regime-under-nicolas-maduro-provided-20/
