The Attorney-General and Minister for Justice, Godfred Yeboah Dame, has disclosed that criminal charges will be brought next week against the former Board Chair and Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF) in connection with the controversial $2 million Sky Train project.
This revelation comes amid growing public scrutiny over the failed Sky Train initiative, which was promoted as a revolutionary transport solution for Ghana’s urban centres but never materialised despite significant financial commitments.
According to the Attorney-General, investigations into the matter have revealed clear grounds for prosecution, with evidence pointing to mismanagement and irregularities in the disbursement of the $2 million to the promoters of the project, Africa Investor Holdings Limited. The payment was made for feasibility studies and preparatory works, yet the project failed to progress beyond the conceptual stage.
“Next week, criminal charges will be formally filed against the former Board Chair and CEO of GIIF in relation to the disbursement of $2 million for the so-called Sky Train project,” the Attorney-General stated during a press engagement. “Public funds must be protected, and those entrusted with leadership positions will be held accountable for their stewardship.”
The Sky Train project, first announced in 2019, was touted as a partnership between the government of Ghana and a South African-based firm to construct an elevated light rail transport system in Accra. However, subsequent reviews by Parliament and the Auditor-General revealed that no significant progress had been made, raising concerns about the due diligence conducted before the financial commitments were made.
The Ghana Infrastructure Investment Fund, which was established to support the financing of key national infrastructure projects, is now under public and legal scrutiny over its role in the failed initiative.
Civil society organisations and governance experts have praised the Attorney-General’s move, calling it a crucial step in enforcing accountability in the management of state resources. Many have also called for broader investigations into other dormant or failed public-private partnerships.
More details about the specific charges and individuals involved are expected to be announced early next week.
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