News

SUSPECT IN $2M SKY TRAIN SCANDAL PROF. AMEYAW-AKUMFI RUSHED TO HOSPITAL

Former Board Chair of the Ghana Infrastructure Investment Fund (GIIF), Professor Christopher Ameyaw-Akumfi has been rushed to to the hospital.

According to reports, Professor Christopher Ameyaw-Akumfi missed a second consecutive court appearance in the ongoing Sky Train trial citing ill health.

Professor Christopher Ameyaw-Akumfi’s lawyer, Duke Aaron Sasu, informed the court that the former board chair was rushed to the hospital early Tuesday morning.

The presiding judge, Justice Comfort Tasiame expressed concern over the timing of Prof. Ameyaw-Akumfi’s recurring medical emergencies, which appear to coincide with scheduled court dates.

The case has since been adjourned to Monday, May 26, at 10:00 a.m.

The Office of the Attorney General filed charges against suspects involved in the $2m Sky Train scandal.

The charges were filed against the former Board Chair of the Ghana Infrastructure Investment Fund (GIIF), Professor Christopher Ameyaw-Akumfi and one Solomon Asamoah.

According to reports the charges brought under Section 23(1) and Section 179A(3)(a) of the Criminal Offences Act, 1960 (Act 29), indicate a $2 million payment made in 2019 to Africa Investor Holdings Limited for the development of an urban Sky Train system in Accra—a project that was never executed.

The court documents suggest the funds were disbursed in February 2019 without the necessary board approval for either the share acquisition or the payment itself it unauthorized release has triggered criminal proceedings.

The $2 million violated proper procedure,  Professor Ameyaw-Akumfi has been named as the second accused in the case informed investigators in his caution statement that he only approved the transfer based on a recommendation by the first accused, Solomon Asamoah, then Chief Executive of the GIIF.

Neither Professor Ameyaw-Akumfi nor Solomon Asamoah have been able to account for the missing funds.

 

 

 

NKONKONSA.com

Related Articles

Back to top button