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Former GIIF CEO denies fleeing Ghana over Sky Train Scandal

Republic Online by Republic Online
March 26, 2025
in General, Local News, News, Politics, Review, Top Stories
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Former GIIF CEO denies fleeing Ghana over Sky Train Scandal
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Former Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), Solomon Asamoah, has strongly denied allegations by Attorney-General Dr. Dominic Ayine that he fled to Senegal to avoid investigations into the controversial $2 million payment for the Accra Sky Train project.

At a press conference on March 24, 2025, Dr. Ayine claimed that Asamoah left Ghana on February 2, traveling to South Africa before relocating to Senegal.

According to Dr. Ayine, Asamoah indicated he would not return for another three months, warning that failure to cooperate could lead to his prosecution in absentia.

“The CEO is hiding in Senegal. We tracked him first to South Africa, and now he is in Senegal. If he does not return, he will be tried in absentia,” Dr. Ayine asserted.

However, in a swift response, Asamoah issued a statement denying the claims, describing them as false and misleading.

“I categorically deny the false and incorrect allegations that I have gone into hiding in Senegal. This claim is entirely inaccurate and untrue,” Asamoah stated.

He clarified that he left Ghana on March 21, 2025, for scheduled board meetings that had been planned well in advance. He further revealed that no government official had contacted him before his departure regarding any investigation.

Asamoah confirmed that on March 22 — a day after leaving Ghana — he was contacted via WhatsApp by an official from the National Intelligence Bureau (NIB) and had agreed to an online meeting on March 26 to address any concerns.

Defending his tenure at GIIF, Asamoah highlighted his contributions, noting that under his leadership, the fund grew from GHS 1.2 billion to GHS 5.2 billion by the end of 2023, making it one of Africa’s top-performing infrastructure funds.

“I have worked with integrity, transparency, and accountability throughout my career. GIIF was profitable every year under my leadership, generating over GHS 2.5 billion in net profits,” he stated.

Asamoah reaffirmed his willingness to cooperate with the investigation, emphasizing that he has nothing to hide and plans to return to Ghana soon.

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Tags: Ghana Infrastructure Investment Fund (GIIF)Sky Train ScandalSolomon Asamoah




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