Former Ghana Infrastructure Investment Fund (GIIF) Chief Executive Officer, Solomon Asamoah, has strongly denied allegations by Attorney-General Dr. Dominic Ayine that he is evading investigations by fleeing to Senegal.
Claims of Evasion “Entirely Inaccurate”
In a statement released on March 24, 2025, Mr. Asamoah dismissed the accusations as “entirely inaccurate and untrue,” explaining that his departure on March 21 was for pre-scheduled corporate board meetings, not an attempt to avoid scrutiny.
“I categorically deny the false and incorrect allegations that I have gone into hiding in Senegal. This claim is entirely inaccurate and untrue.”
Defends His Tenure at GIIF
Mr. Asamoah, a key figure in the Sky Train Scandal, defended his record as GIIF CEO, noting that under his leadership, the fund’s capital grew from GH₵1.2 billion to GH₵5.2 billion, with cumulative net profits exceeding GH₵2.5 billion by the end of 2023.
“I have not committed any wrongdoing and absolutely have no reason to run away from justice.”
Willing to Cooperate with Authorities
He further clarified that despite being in Ghana throughout February and March, no authorities contacted him regarding any investigation. However, on March 22, a day after he left the country, an official from the National Intelligence Bureau (NIB) reached out via WhatsApp requesting a virtual meeting.
“As a demonstration of my commitment to transparency, I agreed to hold a meeting on Wednesday, March 26, at 4 p.m. to address any concerns.”
Assurance of Full Cooperation
He expressed his willingness to return to Ghana to assist with the investigation and is confident the process will clear his name. The case remains under Attorney-General Ayine’s review as authorities probe the alleged financial mismanagement linked to GIIF.
By: J.W Quarm.
