Former CEO of the Ghana Infrastructure Investment Fund (GIIF), Solomon Asamoah, has strongly refuted allegations made by Attorney-General Dr. Dominic Ayine, claiming he fled to Senegal to avoid investigations into the controversial $2 million payment tied to the Accra Sky Train project. Asamoah insists he is not evading justice and has pledged his full cooperation with ongoing investigations.
The Attorney-General’s Allegations
At a press conference on March 24, 2025, Dr. Ayine accused Asamoah of deliberately leaving Ghana to evade scrutiny. He alleged that Asamoah had traveled from Ghana to South Africa on February 2 before relocating to Senegal, where he was purportedly hiding.
“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 declared.
The Attorney-General also connected Asamoah to the controversial payment, stating that the $2 million was authorized at the request of both Asamoah and GIIF Board Chairman, Prof. Ameyaw Ekumfi.
Asamoah’s Rebuttal
In a detailed statement issued later that day, Solomon Asamoah categorically denied the claims, describing them as false and baseless.
“I categorically deny the false and incorrect allegations that I have gone into hiding in Senegal. This claim is entirely inaccurate and untrue,” Asamoah said.
He clarified that he departed Ghana on March 21, 2025, for pre-scheduled board meetings that were planned well in advance. According to him, no government official had reached out to him regarding any investigation prior to his departure.
On March 22, a day after his departure, Asamoah said he was contacted via WhatsApp by an official from the National Intelligence Bureau (NIB). He confirmed that he agreed to an online meeting scheduled for March 26 to address any concerns.
Defending His Legacy
Asamoah defended his tenure as GIIF’s CEO, emphasizing his track record of integrity, transparency, and financial stewardship. He highlighted that under his leadership, GIIF’s assets grew exponentially from GHS 1.2 billion to GHS 5.2 billion by the end of 2023.
“GIIF was profitable every year under my leadership, generating over GHS 2.5 billion in net profits. I have worked with integrity, transparency, and accountability throughout my career,” he stated.
A Promise to Cooperate
Asamoah reiterated his commitment to cooperating with the Attorney-General’s investigation, asserting that he has nothing to hide. He also expressed confidence in clearing his name and returning to Ghana soon to assist with the probe.
“I have no reason to evade justice. I will return shortly to fully cooperate with the relevant authorities and assist in clarifying this matter,” he assured.
The Bigger Picture
The $2 million Sky Train project payment has become a focal point of controversy, raising questions about accountability and transparency within the GIIF. While the Attorney-General’s office has vowed to pursue the matter rigorously, Asamoah’s firm denial and forthcoming cooperation promise to bring more clarity to the unfolding saga.
Story by: Mercy Addai Turkson #ahotoronline.com
