Baffour Awuah formally charged with money laundering, loss of public funds – Lawyer

Nana Agyei Baffour Awuah, a Member of Parliament for Manhyia South, has been formally charged by the Economic and Organised Crime Office (EOCO) with money laundering and causing financial loss to the state, according to his lawyer Samuel Atta Akyea. The charges stem from transactions involving SIC Life Savings and Loans. However, the lawyer denies these allegations, stating that his client's involvement was part of legitimate legal work.

According to Mr Akyea, his client's law firm was hired by SIC Life to recover an investment from Equity Savings and Loans, a process that resulted in a court judgment and the attachment of property belonging to Equity. The lawyer disputes the reported value of the investment, arguing that the entry of judgment shows an amount of about GH¢10 million, not GH¢14 million as reported.

He also questions whether the matter falls within the remit of the EOCO, suggesting that the investigation does not appear to be within their jurisdiction. Mr Awuah reported himself to EOCO after the Accra High Court issued a warrant for his arrest following the search and seizure of documents relevant to the investigation.