Former Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), Solomon Asamoah, has refuted claims by the Attorney General and Minister of Justice, Dr. Dominic Ayine, that he is hiding in Senegal to evade investigation.

Dr. Ayine, during a press briefing on March 24, alleged that Mr. Asamoah was involved in an unapproved $2 million payment for the failed Accra Skytrain project, which was purportedly transferred to a non-existent company in Mauritius. He further claimed that Mr. Asamoah had been tracked from South Africa to Senegal and had indicated he would not return to Ghana for another three months.

Responding to these allegations, Mr. Asamoah issued a statement, dismissing the claims as "false and baseless."

“I categorically reject the allegations that I have gone into hiding. This claim is entirely inaccurate and untrue,” he stated.

He clarified that he left Ghana on Friday, March 21, for pre-scheduled board meetings related to his corporate engagements, which had been arranged long before the allegations surfaced. According to him, he had spent a significant portion of February and March in Ghana without being approached by any government official regarding an investigation.

“At no point was I contacted by any government official regarding the need for my involvement in any investigations,” he reiterated.

Mr. Asamoah further disclosed that he was contacted by an official from the National Intelligence Bureau (NIB) on Saturday, March 22—just a day after his departure. The official reached out via WhatsApp to schedule an online meeting, which is set to take place on Wednesday, March 26.

“We agreed to meet to address any potential misunderstandings regarding the GIIF investments,” he explained.

In addition to defending himself against the accusations, Mr. Asamoah highlighted GIIF’s financial performance under his leadership. He stated that the fund’s cumulative net profits exceeded GHS 2.5 billion over seven years, more than doubling the government’s initial GHS 1.2 billion investment.

“This success allowed the fund to grow from GHS 1.2 billion to GHS 5.2 billion by the end of 2023,” he noted.

Dismissing any notion of wrongdoing, Mr. Asamoah insisted that he has no reason to flee or avoid justice.

“I will return to Ghana shortly and fully cooperate with the Attorney General’s investigation, confident that my involvement will clear up any misconceptions and protect my reputation,” he assured.

Meanwhile, investigations into the $2 million transaction and the failed Skytrain project continue. Dr. Ayine has indicated that legal proceedings could commence even if Mr. Asamoah remains abroad, with the possibility of a trial in absentia.