Lawyers representing the former Board Chairperson and Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF) are currently seeking a variation of their clients' bail conditions, specifically regarding the requirement to report to case investigators.
Prof. Christopher Ameyaw-Akumfi, the former Board Chairman of GIIF, and Solomon Asamoah, the former CEO, are facing trial at the Criminal Division of the High Court. They are accused of causing a financial loss of $2 million in connection with a proposed sky train project for Accra.
Both individuals have pleaded not guilty to six counts, including conspiracy, willfully causing financial loss to the state, and intentional dissipation of public funds. They were initially granted bail in a combined sum of GH¢25 million, with the condition of providing two justified sureties. Furthermore, Prof. Ameyaw-Akumfi was required to report to the police weekly, while Mr. Asamoah's bail terms mandated reporting to the investigator every Monday, Wednesday, and Friday.
During a recent court session, the defense lawyers made an oral application requesting the court to modify the bail terms related to reporting. However, Justice Comfort Tasiame, presiding over the case, instructed the lawyers to file a formal application detailing their reasons, allowing the Attorney-General's office to respond accordingly.
The case has been adjourned until June 24, 2025, for a Case Management Conference (CMC). During this conference, the Deputy Attorney-General and Minister of Justice, Dr. Justice Srem-Sai, is expected to withdraw certain witness statements related to the case.
Prosecution's Claims
According to the Attorney-General's office, Mr. Asamoah and Prof. Ameyaw-Akumfi allegedly transferred $2 million from GIIF's account to Africa Investor Holdings L. This transfer forms the basis of the accusations against them.
Next Steps
- Formal bail variation application to be filed.
- Attorney-General to respond to the application.
- Case Management Conference scheduled for June 24, 2025.