The lawyers representing the former Board Chairperson and Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF) are making moves to adjust the bail conditions imposed on their clients. The core issue revolves around the frequency with which the accused are required to report to the case investigators.
Professor Christopher Ameyaw-Akumfi, the former Board Chairman, and Solomon Asamoah, the ex-CEO of GIIF, are currently facing trial at the High Court's Criminal Division. They are accused of causing a financial loss of $2 million in connection with a proposed sky train project for Accra. Both have pleaded not guilty to the six charges against them, which include conspiracy, willfully causing financial loss to the state, and intentionally dissipating public funds.
The court initially granted them bail, setting a combined sum of GH¢25 million with two justified sureties. Additionally, Professor Ameyaw-Akumfi was instructed to report to the police weekly, while Mr. Asamoah was required to report to the investigator every Monday, Wednesday, and Friday.
During a recent court session, the defense lawyers presented an oral application requesting a modification of these reporting terms. However, Justice Comfort Tasiame, presiding over the case, directed the lawyers to formally file the application. This filing must include detailed reasons for the requested change, 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 matter.
Prosecution's Claims
The Attorney-General has accused Asamoah and Prof. Ameyaw-Akumfi of unlawfully transferring $2 million from GIIF's account to Africa Investor Holdings L. The legal proceedings continue as the court seeks to establish the facts surrounding the alleged financial loss and the role of the accused individuals.