Former GIIF CEO Solomon Asamoah denies hiding in Senegal

Former Chief Executive Officer of the Ghana Infrastructure Investment Fund (GIIF), Solomon Asamoah, has denied allegations by Attorney-General Dr Dominic Ayine that he is evading investigations by hiding in Senegal.

In a statement issued on Monday, March 24, 2025, Mr Asamoah described the claims as “entirely inaccurate and untrue,” clarifying that his departure from Ghana on March 21 was for pre-scheduled corporate board meetings, not to avoid legal scrutiny. 

“I categorically deny the false and incorrect allegations that I have gone into hiding in Senegal. This claim is entirely inaccurate and untrue,” he stated.

He further explained that he had spent February and March in Ghana without being contacted by any authorities regarding an investigation. 

However, a day after his departure, on March 22, an official from the National Intelligence Bureau (NIB) reached out via WhatsApp requesting an online meeting.

“As a demonstration of my commitment to transparency, I agreed to hold a meeting on Wednesday, March 26, at 4pm to address any concerns,” he added.

Mr Asamoah, a key figure in the ongoing Sky Train Scandal, also defended his tenure as GIIF CEO, stating 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. 

Asserting his innocence, he stated, “I have not committed any wrongdoing and absolutely have no reason to run away from justice.”

He assured his full cooperation with authorities and expressed his willingness to return to Ghana to assist the Attorney-General’s investigations, adding that he is confident the process will vindicate his reputation and integrity.

Read the full statement below;