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Sedina Tamakloe released from custody 2 weeks after Court of Appeal acquittal

Former Microfinance and Small Loans Centre (MASLOC) Chief Executive Officer, Sedina Christine Tamakloe-Attionu, has been released from custody.

Sedina Tamakloe released from custody 2 weeks after Court of Appeal acquittal

Sedina Christine Tamakloe-Attionu, the former Chief Executive Officer of Microfinance and Small Loans Centre (MASLOC), has been released from custody two weeks after the Court of Appeal overturned her conviction. The acquittal came after the Attorney-General withdrew an application seeking to halt the execution of the appellate court's judgment.

The Court of Appeal dismissed the Attorney-General's application on August 12, 2026, clearing the path for her release. Tamakloe-Attionu, who served as MASLOC CEO from November 2013 to January 2017, faced 78 charges including conspiracy to steal, theft, financial loss to the State, money laundering, improper public fund payments, and breaches of the Public Procurement Act.

In April 2024, she was found guilty by the Accra High Court and sentenced to 10 years in prison while she was in absentia. She returned to Ghana in June 2026 after being extradited from the United States and was subsequently detained. Her legal team contested the conviction at the Court of Appeal.

Although the State plans to contest the Court of Appeal's decision at the Supreme Court, the withdrawal of the stay application means the acquittal and discharge can now take effect until further legal proceedings.

Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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