Ameyaw-Akumfi: GIIF Board Approved Sky Train Project Before US$2m Payment
Former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF), Professor Christopher Ameyaw-Akumfi, has told the High Court in Accra that the controversial Accra SkyTrain project was duly considered and approved by the Fund’s Governing Board before the release of US$2 million for the investment. Professor Ameyaw-Akumfi, who is the second accused in the trial […] The post Ameyaw-Akumfi:…
Professor Christopher Ameyaw-Akumfi, a former Chairman of the Ghana Infrastructure Investment Fund (GIIF), testified in Accra's High Court that the Accra SkyTrain project was approved by the Fund's Governing Board before a US$2 million payment was made. According to Ameyaw-Akumfi, the project underwent the standard GIIF investment process, comprising scrutiny by the Investment Committee and approval by the Governing Board at its meeting on October 24, 2018.
After approval, he was instructed to transfer the funds by a letter from February 25, 2019. Ameyaw-Akumfi emphasized that this process mirrored that of other GIIF-approved projects and that his signature on the transfer instruction was part of official responsibilities, not a personal enrichment attempt.
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