A major hurdle has emerged for the former leadership of the Ghana Infrastructure Investment Fund (GIIF) under trial, as three former board members have independently filed witness statements at the Accra High Court unanimously denying ever approving any funding for the contentious Sky Train project.
These damning testimonies could significantly bolster the Attorney-General's prosecution of Solomon Asamoah, former GIIF Chief Executive Officer; and Professor Christopher Ameyaw Akumfi, former Board Chairman, for allegedly causing financial loss to the state to the tune of $2million.
The criminal proceedings centre on a project that has long been shrouded in mystery and public scepticism.
The Sky Train concept, first proposed around 2017-2018, envisioned a massive 200km urban rail network across major cities, with an ambitious estimated cost ranging from $2.6 billion to $3.2 billion.
