The former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), Professor Christopher Ameyaw-Ekumfi, and the former Chief Executive Officer, Solomon Asamoah, have filed a request at the High Court to vary their bail conditions.
Currently, Prof. Ameyaw-Ekumfi is required to report to the police once a week, while Mr. Asamoah must report every Monday, Wednesday, and Friday until the case is concluded.
Presiding judge, Justice Comfort Tasiame, directed their lawyers to file a formal application so the prosecution can respond accordingly.
Meanwhile, Deputy Attorney-General Dr. Justice Srem Sai informed the court that the State had filed further disclosures and was seeking leave to withdraw certain witness statements.
Mr. Edem Nuhoho, counsel for Mr. Asamoah, described some of the newly filed statements as bulky and requested additional time for a thorough review.
“In the circumstance, we pray that we take a month’s adjournment to enable us to complete that process,” he said.
Similarly, Mr. Duke Aaron Sasu, representing Prof. Ameyaw-Ekumfi, also asked for more time to review the documents for effective case management.
Prof. Ameyaw-Ekumfi was granted bail in the sum of GH¢10 million with two sureties, one of whom must justify the bail with landed property located in Greater Accra. He was also directed to deposit his passport and travel documents with the court and report to the police as part of his bail conditions.
Mr. Asamoah, who was granted bail of GH¢15 million, was required to provide two sureties, both justified with registered property in Greater Accra. In addition, the sureties were instructed to deposit copies of their Ghana Cards and digital addresses with the court registry. Mr. Asamoah was also required to surrender his Ghanaian and UK passports and report to the police three times a week.
The charges against the two are based on Section 23(1) and Section 179A(3)(a) of the Criminal Offences Act, 1960 (Act 29), and relate to a $2 million payment made in 2019 to the bank account of Africa Investor Holdings Limited in Mauritius. The funds were meant for feasibility studies on the Accra SkyTrain project—a project that was never executed.
The State contends that the payment was made in February 2019 without approval from the GIIF Board, and that the disbursement did not follow due process. Investigations revealed that the transfer was authorised on the recommendation of the former CEO, but to date, the accused persons have not accounted for the missing $2 million.
The Accra SkyTrain project was envisioned as an elevated light rail system aimed at reducing traffic congestion and improving air quality in the capital. In 2018, the Government of Ghana signed a Memorandum of Understanding with the AiSkyTrain Consortium from South Africa. A build–operate–transfer concession agreement followed in November 2019 after feasibility studies were completed.
The proposed system was expected to cost approximately $2.6 billion, with the capacity to transport up to 10,000 passengers per hour per direction. The 194-kilometre project was to include five lines—four radial and one loop—using Aeromovel pneumatic propulsion technology.
Despite the initial fanfare, the project encountered significant obstacles, though specific details have not been publicly disclosed.
The court has adjourned the matter to June 24, 2025, for a Case Management Conference (CMC).