The Attorney General and Minister of Justice, Dr Dominic Akuritinga Ayine, has disclosed that all other former board members of the Ghana Infrastructure Investment Fund (GIIF) have denied approving the $2 million payment for the failed Accra Sky Train project, for which former CEO Solomon Asamoah and former Board Chairman Professor Christopher Ameyaw-Akumfi face criminal charges.
The charges, filed on May 13, 2025, at the High Court in Accra, include conspiracy to commit a crime and willfully causing financial loss to the state.
The Attorney General, in his summary of facts, alleges that in February 2019, Asamoah and Ameyaw-Akumfi authorised a $2 million payment to Africa Investor Holdings Limited in Mauritius for 10% shares in Ai SkyTrain Consortium Holdings, a company linked to the unexecuted Sky Train project, without board approval or due diligence.
According to the Attorney General, investigations revealed no board minutes or records supporting Asamoah's claim that he obtained governing board approval for the payment, with other board members refuting his assertion in their police statements. "In his police investigation caution statement, the 1st Accused Person claims that he sought or obtained the approval of the GIIF governing board in respect of the share acquisition and the US$2,000,000.00 payment.
