OSP Storms Dr Sledge’s Trassaco Residence; Seizes Luxury Vehicles, Jewellery and Properties

• The OSP conducted a search at the Trassaco residence of Nana Yaw Duodu, also known as Dr. Sledge, CEO of Goldridge Refinery Ltd, on October 29, 2025
• The search was part of an ongoing investigation into alleged corruption linked to the MIIF gold trade programme
• The OSP seized luxury vehicles, jewellery, weapons, and property documents during the operation

The Office of the Special Prosecutor (OSP) has stormed the Trassaco residence of Nana Yaw Duodu, popularly known as Dr. Sledge, the CEO of Goldridge Refinery Ltd, to conduct a search.

The search, carried out on Wednesday, October 29, 2025, was done under warrants issued by the High Court in Accra.

In a statement issued on Facebook, the OSP explained that they conducted the search as part of ongoing investigations involving Dr Sledge and his gold dealership company.

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Nana Yaw Duodu is under investigation for suspected corruption and corruption-related offences linked to the Minerals Income Investment Fund (MIIF) gold trade programme, which allegedly caused a loss of US$94 million to the State.

The OSP disclosed in its social media post that its Asset Recovery and Management Team seized several items, including luxury vehicles, jewellery, weapons, and documents relating to landed properties from Dr. Sledge's residence at Trassaco in East Legon.

Read the OSP's Facebook post below:

OSP case against Dr Sledge

Dr Sledge is under investigation for suspected corruption and corruption-related offences linked to the MIIF.

It is alleged that over $94 million in state funds were lost through Goldridge Refinery’s failure to honour trade settlements under the Gold for Forex and Gold for Oil initiatives.

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The objective of the Gold for Forex programme was to shore up the cedi against volatility.

Minerals Income Investment Fund previously addressed the $90 million losses, saying its investigations showed that the fund disbursed the cedi equivalent of $30 million in three tranches of $10 million each to its first aggregator, Goldridge, in 2023.

This monthly revolving outlay returned a monthly average of circa $60 million over a period of eleven months.

Reactions to raid on Dr Sledge's house

Ghanaians on social media have reacted to the OSP's post about the search at Dr Sledge's Trassaco residence.

YEN.com.gh compiled a few of the reactions below:

@Nana Kofi Armah said:

"Good job. These days it looks like you are now actively working. The only problem is when is Ken Offori Atta coming?"

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@Justice Kpornyo also said:

"Please have you handed over Ken Ofori-Atta's docket to the A.G?"

@Farmer Lex commented:

"Office of the Special Prosecutor - Ghana, have you handed over the docket of Mr Ken Ofori-Atta to the Office of the Attorney General and the Ministry of Justice?"

OSP detains Dr Sledge

Earlier, YEN.com.gh reported that the special prosecutor's office arrested Dr Sledge, the CEO of Goldridge Refinery Ltd.

Nana Yaw Duodu, also known as Dr Sledge, was reportedly unable to meet bail conditions after his arrest.

The arrest had been linked to a controversial programme under the Akufo-Addo administration.

Proofreading by Samuel Gitonga, copy editor at YEN.com.gh.

Source: YEN.com.gh