The Office of the Special Prosecutor (OSP) has conducted searches at the Trassaco residence of businessman Nana Yaw Duodu, popularly known as Dr. Sledge, and at the East Legon offices of Goldridge Company Limited.

This forms part of ongoing investigations into alleged corruption linked to the Minerals Income Investment Fund (MIIF) gold trade programme.

According to a statement shared on the OSP’s official social media pages, the searches were executed under warrants issued by the High Court in Accra.

• Read also: OSP detains Goldridge Refinery Ltd CEO

Nana Yaw Duodu is under investigation for suspected corruption and corruption-related offences in connection with the MIIF gold trade, which has allegedly caused a financial loss of about US$94 million to the State.

During the operation, the OSP’s Asset Recovery and Management Team reportedly seized several luxury vehicles, pieces of jewellery, firearms, and documents linked to landed properties believed to be connected to the investigation.

The OSP emphasised that the searches form part of its broader mandate to recover state assets and prosecute individuals involved in acts of corruption or misuse of public funds.

In September, the OSP detained Dr. Sledge Nana Yaw Duodu after he failed to meet bail conditions.

It is alleged that over USD94 million was lost to the State through Goldridge Refinery’s failure to honour trade settlements under the Gold for Forex and Gold for Oil initiatives.