Prof. Ameyaw-Akumfi launched on bail – Defence lawyer confirms
Former Chairman of the Ghana Infrastructure Funding Fund (GIIF), Prof. Christopher Ameyaw-Akumfi, has been launched on bail after being detained by the Nationwide Intelligence Bureau (NIB) in reference to the $2M Sky Practice scandal.
His defence lawyer, Ken Kuranchie, confirmed the discharge in an interview with ChannelOne TV, stating that his authorized staff labored swiftly to safe his freedom whereas investigations proceed.
Prof. Ameyaw-Akumfi was picked up from his house on Sunday morning by NIB officers, who knowledgeable him that he was wanted for questioning. His detention was a part of an ongoing probe into monetary irregularities involving a $2M cost to Africa Investor Holdings for the failed Accra Sky Practice challenge.
Background: The Sky Practice Scandal
Prof. Ameyaw-Akumfi’s detention adopted issues raised in a 2021 Auditor-Basic’s report, which revealed that the Particular Goal Automobile (SPV) arrange for the Sky Practice challenge didn’t have an operational license, but $2M was disbursed by way of GIIF below his management.
The challenge, initially introduced in 2017, was anticipated to rework city transport in Accra, but it surely by no means materialized. In July 2023, the Minority in Parliament demanded accountability, questioning why public funds had been launched with out obligatory approvals or feasibility research.
Whereas Prof. Ameyaw-Akumfi has regained his freedom, it stays unclear whether or not he’ll face additional authorized motion or extra questioning.
Former Public Procurement Authority Board Chairman, Prof. Christopher Ameyaw-Akumfi, has been launched after being held by the Nationwide Intelligence Bureau (NIB) for investigations into monetary issues associated to his tenure at GIIF.
In line with his lawyer, Ken Kuranchie,… pic.twitter.com/72JK5nQW4U
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