The Former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), , was detained by the National Intelligence Bureau (NIB) on Sunday, February 23, 2025, over his alleged involvement in the failed $3 billion Accra Sky Train project.
According to a 3News report citing sources with knowledge of the matter, Prof.
Ameyaw-Akumfi was taken into custody on the morning of Sunday, February 23, 2025, for allegedly authorizing the release of $2 million to Africa Investor Holdings, the company behind the project.
The report mentioned that the payment was made before feasibility studies were conducted and remains unaccounted for, with no refunds made to the state.
