Prof Ameyaw-Akumfi is being prosecuted for causing financial loss to the state of $2 million
Professor Christopher Ameyaw-Akumfi, a former Board Chairperson of the Ghana Infrastructure Investment Fund (GIIF), over the ongoing $2 million Accra Sky Train case, was reportedly rushed to the hospital on Tuesday, May 20, 2025.
During court proceedings on Tuesday, Professor Ameyaw-Akumfi, who was absent on medical grounds when the state filed charges against him and his co-accused, Solomon Asamoah, the former Chief Executive Officer of GIIF, on May 13, 2025, was again absent.
According to a report by graphic.com.gh, his lawyer, Duke Aaron Sasu, explained to the court that his client was absent because he was rushed to the hospital early on Tuesday.
The lawyer, therefore, asked the court to adjourn the case. He told the court that his client would be released by Monday.
The court accepted his plea, and the case was adjourned to Monday, May 26, 2025.
Meanwhile, Solomon Asamoah, who, together with Professor Ameyaw-Akumfi, has been accused of causing financial loss of $2 million in the Sky Train project, is still in the custody of the security authorities, having failed to meet his bail conditions.
The court granted Asamoah bail to the sum of GH¢15 million when the state filed charges against him on May 13, 2025, but according to graphic.com.gh, he has not been able to meet the bail condition.
The state slapped the two men with six charges related to a failed Sky Train project involving an amount of $2 million.
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; and intentional dissipation of public funds; and intentional dissipation of public funds.
During the proceedings on Tuesday, Asamoah pleaded not guilty to all the charges.
Background:
Before the arrest and the filing of the charges, Attorney General, Dr Dominic Akuritinga Ayine, indicated that both Asamoah and Professor Ameyaw-Akumfi would be prosecuted, with some board members offering to testify as prosecution witnesses.
He stated that it has been established that the $2 million payment made by the Ghana Infrastructure Investment Fund was unauthorised, with only former CEO Solomon Asamoah and former Board Chairman, Professor Ameyaw-Akumfi, aware of and involved in the transaction.
“In respect of the Sky Train matter, we have completed investigations and will be filing charges, hopefully next week. We have established that the two million United States dollars (US$2,000,000.00) paid by the Ghana Infrastructure Investment Fund was paid without board approval.
“The only persons who knew and acted on the payment were the former CEO, Mr Solomon Asamoah, and the former Board Chairman, Professor Ameyaw-Akumfi. Both will be charged next week. Some of the board members have offered to testify as witnesses for the prosecution, and I am considering their offers,” the AG said while briefing the media at a recent press briefing.
BAI/MA
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