News
Prof. Ameyaw-Akumfi Charged Over Unexecuted $2 Million Sky Train Deal
Professor Christopher Ameyaw-Akumfi, former Board Chair of the Ghana Infrastructure Investment Fund (GIIF), has been formally charged with conspiracy to commit a crime—specifically, wilfully causing financial loss to the state.
The charges, filed under Sections 23(1) and 179A(3)(a) of the Criminal Offences Act, 1960 (Act 29), are linked to a $2 million payment made in 2019 to Africa Investor Holdings Limited for the development of an urban Sky Train system in Accra—a project that never came to fruition.
READ ALSO: Efiewura TV series actor Koo Ofori arrested over alleged $50k fraud
Court documents reveal that the funds were released in February 2019 without proper board authorization for either the share acquisition or the disbursement. As the funds belonged to GIIF, a state-owned entity, their unauthorized release has sparked legal action.
Investigations indicate that due process was not followed. Prof. Ameyaw-Akumfi, named as the second accused, told investigators in his caution statement that he approved the payment on the advice of the first accused, Solomon Asamoah, who served as Chief Executive Officer of GIIF at the time.
However, neither Ameyaw-Akumfi nor Asamoah has been able to explain the whereabouts of the funds.
READ ALSO: GH¢49m Spyware Scandal: Ex-NSB Boss’s Claims Lack Credibility – Bright Simons
Prof. Ameyaw-Akumfi was recently arrested in connection with the failed Sky Train agreement, which was initially touted as a transformative urban transport solution for Accra. The proposed elevated light rail system was intended to ease traffic congestion in the capital and other major cities.
The project was to be executed through a public-private partnership between the Government of Ghana and Africa Investment (PTY) Limited, a South Africa-based firm that was expected to provide funding, technology, and infrastructure. Despite the substantial initial payment, the project never advanced beyond the planning stage.
Energy
See The Areas That Will Be Affected By Power Outages On June 4
The Electricity Company of Ghana (ECG) has announced multiple power outages for Thursday, June 4, 2026, affecting communities in the Tema, Eastern, Central, and Western Regions, with a combination of planned and emergency maintenance exercises scheduled across the country.
In the Tema Area, a planned maintenance exercise will take place from 10:00 am to 4:00pm. The affected areas include the Sea Water Desalination Plant, Maranatha, Buade, Glow Lamp, Frimpongmaa Estates, Abrantie, Dan Adams, Coastal Estates, Basket, GCB Training School, Ataa Adama, Royal Ravico, Junction Mall, Regimanuel Estates, Parakuo Estates, Queensland International School, Kpoo Keke, Best Western Premier Hotel, Leisure Hours Hotel, and extensive parts of Nungua including Zongo, Township, Traditional Council, Polyclinic and Secondary School. Also affected are the Kpeshie Divisional Police Headquarters, Coco Beach, Main 1, Father’s Hotel, C5 and surrounding areas. The notice was originally issued on Monday, June 1.
In the Eastern Region, a planned maintenance exercise will run from 8:00am to 5:00pm, affecting Sekesua, Anyamoni, Oterkpolu, Bukonor, Asesewa, Akateng and surrounding areas. This notice was originally issued on Tuesday, 2nd June.
The Central Region will experience a planned outage from 9:00am to 3:30pm, affecting Brimso Headworks, Akaikrom, Police Barrier, Ankaful Junction, Mpeasem, WAEC, Yayaaikawa, Wanyiwato, part of Dominase, Duakyimase and surrounding areas.
In the Western Region, ECG will undertake two separate exercises. The first is an emergency maintenance from 10:00am to 2:00pm, affecting Dixcove, Busua, Cape 3, Agona Damtsi, GREL and surrounding areas. The second is another emergency maintenance from 9:00am to 4:00pm, affecting Akoon, UEE, parts of Market Circle, Railway Quarters, Apinto Hospital, Cyanide, Kwabedu, Alhaji Dauda, New Atuabo, Budo City, Banso, Esuosu and surrounding areas.
ECG has expressed regret for the inconvenience that will arise from all these exercises. The company has advised affected customers to make alternative arrangements for power-dependent activities during the specified hours.
All notices were originally issued between Monday, June 1 and Wednesday, June 3, 2026. ECG assured that power supply would be restored to all affected areas upon completion of the scheduled maintenance works. Customers have been encouraged to contact ECG’s official communication channels for further updates.
graphic.com.gh
General News
Today’s Newspaper Headlines: Thursday, 4th June, 2026
General News
Assin Edubiase: School Bus ‘Plunges’ Into River, Two Pupils Killed
Tragedy struck when a school bus transporting more than 40 pupils of a preparatory school at Assin Edubiase in the Assin South District of the Central Region veered off the road and plunged into a river.
It resulted in the death of two kindergarten pupils of the Alice Elites Academy.
The deceased, a three-year-old and a five-year-old, were among pupils who were in the Mercedes-Benz Sprinter bus with registration number AS 2218-20.
The accident occurred on the Assin Kwafokrom-Homaho stretch on Monday [June 1, 2026].

Graphic Online understands that the driver reportedly lost control of the vehicle, it veered off the road, and plunged into the river.
Dozens of pupils got injured.
ASP Wonder Lumor from the Motor Traffic and Transport Department (MTTD) of the Central North Regional Police Command told Graphic Online that the 40 injured pupils were transported to health facilities for emergency medical care.

According to him, 22 of the victims were taken to the St. Francis Xavier Hospital, while the 18 others received treatment at the Assin Edubiase Health Centre.
ASP Lumor explained that all the injured pupils responded positively to treatment and were later discharged.
graphic.com.gh
-
News1 year agoGH¢49m Spyware Scandal: Ex-NSB Boss’s Claims Lack Credibility – Bright Simons
-
Opinion1 year agoA LETTER TO GES
-
Showbiz1 year agoBogo Blay – Woman (Produced By FimFim)
-
Business1 year agoIran sanction relief could send Cedis soaring at GH₵8 per dollar – Analyst
-
Showbiz1 year agoKofi Kinaata Honoured with “Youth in Entertainment” Award at 2025 Millennium Excellence Awards
-
People & Lifestyle1 year agoThe differences between ‘I love you’ and ‘I’m in love with you’
-
News1 year ago‘Not Chosen by Merit’ – Ghanaian Prophet Predicts Short Papacy for Pope Leo XIV
-
People & Lifestyle1 year agoEfiewura TV series actor Koo Ofori arrested over alleged $50k fraud























