Sad News Hits Ghanaians Concerning Professor Ameyaw-Akumfi

On Tuesday, May 20, 2025, Professor Christopher Ameyaw-Akumfi, former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), was rushed to the hospital after falling ill during a court hearing in Accra. The incident led the presiding judge to postpone the Sky Train case proceedings to Monday, May 26, 2025, as reported by GBC.

Professor Ameyaw-Akumfi is currently facing trial over the failed Sky Train project. He is accused of conspiring to commit a crime and causing financial losses to the state. The charges relate to a $2 million payment made in 2019 to Africa Investor Holdings Limited for preparatory work on the Sky Train initiative—an urban rail project intended to ease traffic in Accra. Despite the investment, the project never moved beyond the planning stage.

Court records reveal that the $2 million was disbursed without proper approval from the GIIF Board, triggering criminal investigations. The funds came from the Ghana Infrastructure Investment Fund. Professor Ameyaw-Akumfi, the second accused, claims he authorized the payment based on the advice of Solomon Asamoah, the GIIF CEO at the time and the first accused in the case.

To date, neither of the accused has explained how the funds were used. The Sky Train project, initially planned as a joint effort between Ghana and a South African company, failed to materialize despite the financial outlay.

The case is set to continue on May 26, with the public and stakeholders closely watching for new developments.

Kindly leave your comments with us using the comment section below.

Source: Facebook Post