The Minerals Income Investment Fund (MIIF) has dismissed what it calls the “deliberate and misleading” circulation of an audio clip from the appearance of its Chief Executive Officer, Justina Nelson, before the Public Accounts Committee (PAC).

According to a statement from MIIF’s Corporate Affairs and External Relations unit, portions of the CEO’s comments during the PAC hearing on October 29, 2025, are being taken out of context to falsely suggest she justified audit infractions recorded in the 2024 financial year, specifically the GH¢11 million expenditure on travel and transport.

The Fund insists that Mrs Nelson’s remarks had nothing to do with the 2024 Auditor-General’s Report.

“For the avoidance of doubt, the CEO’s comments at PAC… were strictly related to the 2023 financial period,” the statement stressed.

“Any attempt to link the two is misleading, mischievous, and clearly intended to malign the current leadership of the Fund.”

MIIF is urging the public to disregard such distortions, saying they do not reflect the facts.

The institution added that its management remains focused on responsibly investing mineral royalties in line with its mandate to secure long-term value for the country.