The Attorney General’s Office has formally charged former Ghana Infrastructure Investment Fund (GIIF) CEO Solomon Asamoah and ex-board chairman Prof. Christopher Ameyaw-Ekumfi over their roles in the controversial Accra Sky Train project, which allegedly cost the state $2 million without proper authorization.
The charges, filed today at the High Court (Criminal Division), include wilfully causing financial loss to the state under the Criminal Offences Act, conspiracy to commit a crime through the intentional dissipation of public funds, and intentional dissipation of public funds under the Public Property Protection Decree.
Prosecutors allege that in February 2019, the accused authorized a $2 million payment from GIIF to Africa Investor Holdings Limited for preliminary work on the Sky Train project—a system that was never built. The payment was reportedly made without proper board approval.
The Sky Train project, initiated in 2018 as a public-private partnership for an urban rail system in Accra, involved a memorandum of understanding between the Ministry of Railways Development, Africa Investor Holdings, and GIIF.
However, investigations revealed that the $2 million disbursement lacked due diligence and violated GIIF’s governance protocols.
Attorney General Dr. Dominic Ayine stated that the accused acted outside their mandate, causing significant financial harm to the state. “The payment was unauthorized, and the project never materialized. This is a clear case of financial misconduct,” the charge sheet stated.
The case will proceed in the High Court, with the AG’s office indicating that some GIIF board members have agreed to testify as prosecution witnesses.
This prosecution forms part of the government’s broader crackdown on financial malfeasance, following earlier warnings of pending charges in both the Sky Train and National Service Scheme (NSS) ghost names scandals.
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