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Ex-GIIF CEO and Prof. Ameyaw-Ekumfi charged over $2m Sky Train fiasco
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 for their roles in the controversial Accra Sky Train project, which allegedly cost the state $2 million without authorisation.
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 crime through 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 authorised 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 the $2 million disbursement lacked proper due diligence and violated GIIF’s governance protocols.
Attorney General Dr. Dominic Ayine stated the accused acted outside their mandate, causing significant financial harm to the state. “The payment was unauthorised, and the project never materialised. This is a clear case of financial misconduct,” the filing stated.
The case will proceed in the High Court, with the AG’s office indicating 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 the Sky Train and NSS ghost names scandals.
Source: Myjoyonline.com
President John Dramani Mahama has held bilateral talks with the President of South Korea, Lee Jae Myung, reaffirming the strong ties and shared values that continue to define relations between Ghana and South Korea.
During the discussions, President Mahama highlighted the historic connection between the two nations, noting their common commitment to democracy, human rights, and a shared historical experience.
He emphasised the opportunities for deeper cooperation, stating that Ghana’s rich natural and human resources, combined with Korea’s technological expertise and innovation, present a strong foundation for a mutually beneficial partnership.
The President also underscored Ghana’s strategic role within the African market through the African Continental Free Trade Area, whose secretariat is headquartered in Accra, positioning the country as a gateway for production and exports into a market of over 1.4 billion people.
President Lee Jae Myung, in his remarks, described Ghana as a country that holds a special place in the hearts of many Koreans, highlighting decades of cooperation in areas such as maritime security, trade, and agriculture.
He also reflected on the longstanding cultural and economic connection symbolised by the popular “Ghana” chocolate brand made from Ghanaian cocoa, which has been enjoyed in Korea for over five decades.
Both leaders expressed optimism about expanding people-to-people exchanges, cultural engagement, and economic collaboration, with President Lee noting that President Mahama’s visit provides a timely opportunity to deepen practical cooperation that will directly benefit the citizens of both nations.
The Ministry of Foreign Affairs has been informed by the relevant authorities in the United Arab Emirates that two Ghanaian nationals sustained injuries following a drone incident in the vicinity of Dubai International Airport earlier today, March 11, 2026.
Against this backdrop, the Government of Ghana has strongly condemned any act that endangers civilian lives and critical infrastructure.
In a statement issued by the Ministry of Foreign Affairs today, March 11, such incidents pose serious risks to public safety and underscore the importance of ensuring the protection of civilians and vital international transport hubs.
Ghana’s Ambassador in the United Arab Emirates has led a delegation of the Embassy in Abu Dhabi and Consulate in Dubai to visit the two injured Ghanaians in hospital.
Their injuries are not critical and are expected to fully recover soon.
“We therefore urge calm as we continue to extend consular assistance and collaborate closely with host authorities,” the statement added.
The Ministry has revealed that they are closely monitoring the situation and will continue to engage with the appropriate authorities as required.
The Government of Ghana expresses its concern over the incident and conveys its thoughts to the injured individuals and their families.
The Ministry of Foreign Affairs reiterates the Government of Ghana’s commitment to the protection and welfare of Ghanaian citizens wherever they may be.
The Government of Ghana is actively supporting ongoing consultations within the UN to pass a resolution seeking a cessation of hostilities.
According to the Ministry they are offering the necessary leadership and coordination with Ghana’s diplomatic Missions and will provide updates on the matter as and when the need arises.
Government has reiterated its call for Nationals in the Gulf region to always exercise heightened vigilance and comply with directives from Ghanaian Embassies and local authorities.
