Professor Ameyaw-Akumfi is the former Board Chairman of GIIF
The Accra High Court has granted bail in the sum of GH¢10 million to Professor Christopher Ameyaw-Akumfi, the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), in connection with the failed $2 million Accra SkyTrain project.
As part of the bail conditions, Professor Ameyaw-Akumfi is required to provide two sureties, each with landed property located in the Greater Accra Region.
He must also deposit his passport and all travel documents with the authorities. Additionally, he is to report to the Ghana Police Service once a week.
Following his bail, the case has been adjourned to June 10, 2025, for a case management conference. This comes after Professor Ameyaw-Akumfi pleaded not guilty to the charges brought against him by the Attorney General in connection with the $2 million SkyTrain project saga.
He is standing trial as the second accused person, having pleaded not guilty to charges of willfully causing financial loss to the state, intentional dissipation of public funds, and conspiracy to commit a crime.
His appearance in court on Monday, May 26, 2025, for the formal taking of his plea follows his failure to appear on two prior occasions. His earlier absence was attributed to medical grounds, after he was reportedly rushed to the hospital on May 20, 2025.
The state slapped Professor Ameyaw-Akumfi and one other Solomon Asamoah, the former Chief Executive Officer (CEO) of GIIF with six charges.
The charges include conspiracy to commit a crime, to wit, willfully causing financial loss to the state, and willfully causing financial loss to the state.
The others are; conspiracy to commit a crime, to wit, intentional dissipation of public funds; intentional dissipation of public funds; and intentional dissipation of public funds.
MAG/MA
Also, watch an exclusive interview with Ayisi on the latest edition of Talkertainment below:
