Sky Train Saga: The $2M Was Paid to Non-existent Mauritius Company- A-G

The Attorney-General and Minister for Justice, Dr Dominic Ayine, has disclosed that the $2 million that was paid for the infamous Sky Train project under the previous government was made to a non-existent Mauritius company.

The payments, according to him, was made at the request of the former Chairman of the Board of Directors of the Ghana Infrastructure Investment Fund (GIIF), Prof Ameyaw Akumfi and the former CEO, Mr Solomon Asamoah.

Approval
Addressing the press on March 24, 2025, the A-G said his investigations traced no Board approval for the project.

“On the Sky train, we noticed that there was no Board approval for the transaction and the conditions precedent to disbursement had not been met. We have perused all meeting during the period it showed there was on Board approval…Also the interrogation has revealed that the other Board Members said they did not have knowledge of this transaction.”

Payment
Additionally, he noted that the presumed company that received the amount does not exist in Mauritius.

“The payment was made to a Mauritius company and in fact, we tracked the company to Mauritius and a lawyer in Mauritius has confirmed to us that it is non-existent.”

He explained, “When you are buying shares in a company, that’s the equity contribution to the company. The money is supposed to be paid into the shares account of that company but the money was given to Africa Investment Holdings and we noticed that when it was paid, Africa Investment Holdings was paid $100,000 as the GIIF’s contribution to equity and $1.9million was paid to Africa Investment Holdings as Shared Premium.”

Prosecution
Prof. Ameyaw-Akumfi was arrested by the National Intelligence Bureau (NIB) on February 23 and is available for prosecution; however, Mr Asamoah is said to be “hiding” in Senegal.

“We tracked him first and noticed he was in South Africa. He left Ghana somewhere around February 2 to South Africa so we were monitoring him in South Africa and then he left and is now in Senegal.”

He has since requested three months to show up for prosecution, according to the A-G.

However, the A-G stands ready to prosecute him absentia if he fails to show up after three months.

“If he wants to be tried in absentia, that’s his choice to make but we have the prosecutorial authority to prosecute him in absentia and of course, the person who acted with him to transfer the money is in the country. If there is going to be a delay, we start the prosecution.”

Source: opemsuo.com/Hajara Fuseini