Former Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), Solomon Asamoah, has denied allegations that he has fled Ghana to seek exile in Senegal so as to dodge investigations into his tenure at the Investment Fund.
His response follows allegations made by Attorney-General Dr. Dominic Ayine, who suggested that Mr. Asamoah had deliberately left Ghana to avoid legal scrutiny.
In a statement issued on Monday, March 24, 2025, Mr. Asamoah dismissed the accusations as “entirely inaccurate and untrue,” clarifying that his recent trip out of Ghana was strictly for pre-scheduled corporate board meetings and had nothing to do with dodging investigations.
“I am issuing this statement to deny a false allegation that was made against me by the Attorney-General and Minister of Justice, Hon Dr. Dominic Ayine, during his press conference held on Monday 24th March 2025.
It has become important that I clarify matters, and present accurate information without prejudicing the work of the A.G.
Firstly, I categorically deny the false and incorrect allegations that I have gone into hiding in Senegal. This claim is entirely inaccurate and untrue.”Mr. Asamoah stated in the release.
He explained that he left Ghana on March 21st, 2025, for official engagements that had been planned long before the allegations surfaced. According to him, he spent February and March in Ghana and was never contacted by any government agency regarding an investigation.
However, just a day after his departure, on March 22, he was contacted via WhatsApp by an official from the National Intelligence Bureau (NIB) requesting an online meeting. He agreed to speak with authorities on March 26 at 4 p.m., demonstrating his willingness to cooperate.
Mr. Asamoah’s name has been linked to the controversial Sky Train Scandal, an infrastructure project that has faced scrutiny over financial mismanagement and stalled progress. However, he firmly defended his tenure as GIIF CEO, emphasizing his contributions to the fund’s growth.
He revealed that under his leadership, GIIF’s capital expanded from GH₵1.2 billion to GH₵5.2 billion, with cumulative net profits exceeding GH₵2.5 billion by the end of 2023. He insisted that the institution was profitable every year and became one of Africa’s top-performing infrastructure funds.
Despite the allegations, Mr. Asamoah assured that he had nothing to hide and was fully prepared to assist the Attorney-General’s office in any investigation.
“I have not committed any wrongdoing and absolutely have no reason to run away from justice,” he stated.
He also confirmed his willingness to return to Ghana soon to clear his name, expressing confidence that the legal process would vindicate his reputation and integrity.
The Attorney-General’s claim that Mr. Asamoah fled the country raises questions about the handling of corruption investigations in Ghana. Some critics argue that high-profile figures accused of financial mismanagement often leave the country before legal actions can be enforced.
However, Mr. Asamoah’s swift and direct response challenges that narrative, positioning himself as a cooperative and law-abiding individual.
With the March 26 online meeting set to take place, all eyes will be on the Attorney-General’s office and the National Intelligence Bureau to see how they proceed with their investigations. Meanwhile, Mr. Asamoah remains firm in his stance that the allegations against him are baseless and will not tarnish his legacy.
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