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Reading: Funds can be traced in GIIF “Skytrain” incident – ​​Kou Essman hits back at acting inspector general
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ALWAYS FRED > National > Funds can be traced in GIIF “Skytrain” incident – ​​Kou Essman hits back at acting inspector general
Funds can be traced in GIIF “Skytrain” incident – ​​Kou Essman hits back at acting inspector general
National

Funds can be traced in GIIF “Skytrain” incident – ​​Kou Essman hits back at acting inspector general

May 21, 2026 2 Min Read
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Kou Abaka Esman, former authorized advisor to former President Nana Addo Dankwa Akufo-Addo, has strongly refuted claims by the Deputy Lawyer Basic and Minister of Justice, Dr. Slem Saye, that funds concerned within the Ghana Infrastructure Funding Fund (GIIF) Skytrain scandal haven’t been discovered.

Responding to the Deputy Chief Justice’s public feedback on the continuing trial of The Republic v. Solomon Asamoah & One other, Mr. Esman maintained that the declare that “no cash was discovered” didn’t replicate the court docket report.

He asserted that audited monetary statements, board minutes and supporting information clearly monitor how funds had been dealt with inside GIIF’s group.

Mr. Esman particularly pointed to signed audited accounts exhibiting the transactions in query, in addition to proof that GIIF acquired shares inside the consortium association.

He mentioned these particulars weren’t speculative and had been recorded in formal governance paperwork and monetary statements submitted into proof.

His feedback got here after the Lawyer Basic’s Workplace introduced that prosecutors had closed the case, citing allegations that the previous CEO and chairman of GIIF had accredited a US$2 million fee to a international firm with out the required approval.

Moreover, the deputy prosecutor identified that defendants are given time to not current their case, which determines whether or not the trial proceeds or the defendant is launched.

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However Essman argued that proof already on the report helps the protection’s place that the funds are traceable and correctly accounted for.

He mentioned the court docket finally must assess the totality of the documentary proof, including {that a} no-case discovering will probably be an essential take a look at of how the details will probably be interpreted judicially.

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