Audio By Carbonatix
A former board member of the Ghana Infrastructure Investment Fund (GIIF), Yaw Odame Darkwah, has told an Accra High Court that the board never approved any funding for the controversial $2 million Accra Sky Train project, which never took off.
The case involves the former Chief Executive Officer of GIIF, Solomon Asamoah, and its former Board Chair, Prof Christopher Ameyaw Akumfi, who have both been charged with six counts of willfully causing financial loss to the state. They have pleaded not guilty and are currently on bail.
Appearing as the first prosecution witness on Monday, November 10, Mr Darkwah testified that although the Sky Train project was mentioned at one of the board’s meetings, no proposal was ever submitted, and therefore, the project was never deliberated on or approved.
"I became aware of the payment of $2,000,000 only through the Auditor-General’s report. In accordance with proper procedure, a due diligence report should have been presented to the Board prior to any approval for disbursement."
"I have recently been made aware of certain minutes from the GIIF Board meetings referencing the Sky Train project. The minutes referred to as evidence of the meeting do not accurately reflect the Board’s deliberations or decisions concerning the Sky Train project at any time.
Mr Darkwah said that he had always acted in the best interest of the Republic of Ghana and would never have supported any financial disbursement without proper due diligence.
I have always acted in the best interest of the Republic of Ghana and would not have granted approval for any disbursement without proper due diligence. The minutes of previous GIIF project meetings in which I participated will demonstrate that I consistently acted in good faith, in accordance with due process, and in the national interest.”
He also told the court that during his tenure on the GIIF board, the fund invested in several major national projects, including Terminal 3 at Kotoka International Airport and the Maaha Beach Resort, but the Sky Train project was never part of those approved investments.
After his witness statement was tendered in evidence, the defence lawyers began cross-examining him. The court adjourned the case to Wednesday, November 12.
Latest Stories
-
Death toll from devastating Indonesia floods passes 900
39 minutes -
Obuasi Bitters CEO rebuilds Pomposo school block
41 minutes -
Family Health University graduates 318 healthcare professionals
46 minutes -
Legendary Yaw Sarpong’s backing vocalist Maame Tiwaa passes on
1 hour -
Two suspects arrested in coordinated robbery attacks at Nkasiem
2 hours -
Tiwaa of Yaw Sarpong and Asomafo dies
2 hours -
Amedzofe Canopy Walkway temporarily closed after structural incident
2 hours -
Dr Ibn Chambas calls for Africans to ‘defend their dignity’
2 hours -
Let’s treat persons with disabilities right – GHS staff urged
2 hours -
Soldiers in Benin say they have seized power from President Talon
3 hours -
Lionel Messi leads Inter Miami to MLS Cup glory
3 hours -
Soldiers on Benin’s national television claim to have seized power
3 hours -
Premier Tennis Club organizes Tema Farmers’ Day Tournament
3 hours -
Liberia, South Africa ex-First Ladies attend Lordina Foundation’s 5th health screening for retired ministers
3 hours -
KGL Foundation partners Premier Tennis club to celebrate Farmers’ Day
4 hours
