Politics of Monday, 24 February 2025
Source: www.ghanawebbers.com
Former Ghana Infrastructure Investment Fund (GIIF) Board Chairman, Prof. Christopher Ameyaw-Akumfi, has been detained by the National Intelligence Bureau (NIB) over his alleged role in the failed $3 billion Accra Sky Train project, 3news reports.
Sources indicate he authorized a $2 million payment to Africa Investor Holdings before feasibility studies were conducted.
The 2021 Auditor-General’s report classified the investment as a net liability, raising concerns about financial mismanagement.
His legal team worked to secure his release as investigations continue.