The son of the National Democratic Congress (NDC) National Chairman, Dr. Kwaku Asiedu-Nketia Jr., has resigned from his position as Deputy Chief Executive Officer of the Mineral Income and Investment Fund (MIIF), following a reported disagreement with CEO Justina Nelson over her leadership style.
Although Dr. Asiedu-Nketia Jr.’s name still appears on the MIIF website, investigations indicate he is no longer actively involved in the fund’s management. During his absence, all payments made to him have reportedly been returned.
What began as a routine leadership transition has escalated into one of the most significant internal crises in MIIF’s history.
Since CEO Justina Nelson took office in January 2025, the fund has faced widespread upheaval, including resignations, firings, and deepening internal discord, resulting in a mass exodus that has depleted much of its core workforce.
The turmoil coincides with public revelations that MIIF attempted to amend already signed audited financial statements—an action described by the Auditor-General as “improper.”
Internally, staff reportedly sensed the crisis brewing long before it became public.
Former employees claim that those who questioned the CEO’s narrative or challenged allegations of mismanagement were quickly targeted.
Professional disagreements frequently led to dismissals or forced resignations, creating an environment where adhering to principles could endanger employment.
Since Mrs. Nelson’s appointment, MIIF—originally a 35-member team—has lost over 15 key employees, including the Chief Financial Officer, Chief Investment Officer, Head of Legal, the entire Corporate Affairs Department, IT officers, Finance Manager, Chief Risk Officer, Business Development Officers, and Deputy Head of Procurement.
Former staff describe the workplace as “toxic,” “intimidating,” and hostile to professional integrity. “Once you challenged the false narrative, you were gone.
People were terrified. The institution we built was collapsing from the inside,” one senior former officer told the media.
With Dr. Kwaku Asiedu-Nketia Jr.’s departure, MIIF has lost an innovative financial consultant with extensive expertise in corporate structuring, governance, and financial management—skills crucial to the fund’s long-term stability.
