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Mines and Energy Committee demands details on $12m expenditure on botched Agyapa deal

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The parliamentary Mines and Energy Committee has called for more information regarding the purported use of the $12 million allocated to the Agyapa deal.

The Minerals Income Investment Fund (MIIF) Chief Executive Officer, Edward Nana Yaw Koranteng, has been issued a seven-day ultimatum by the committee chairman to furnish the committee with details about the transaction.

According to a statement released by the committee, he must deliver the documents to it by February 27, 2024.

In the meantime, Mr. Koranteng revealed that $12 million was spent on the canceled Agyapa royalties agreement on Tuesday, February 13, 2024, during a Public Accounts Committee (PAC) meeting.

If they win the December elections, the opposition National Democratic Congress (NDC) has promised to bring criminal charges against public servants and anyone connected to the controversial deal.

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