Court of Appeal Acquits and Discharges Former MASLOC CEO Sedina Tamakloe-Attionu

The Court of Appeal has acquitted and discharged former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe-Attionu, overturning her conviction and 10-year prison sentence.

In a unanimous judgment delivered on Thursday, the appellate court held that the prosecution failed to prove its case against the former MASLOC boss beyond reasonable doubt, setting aside the convictions entered against her by the High Court.

The ruling followed an appeal filed by Ms Tamakloe-Attionu, who challenged both her conviction and the legality of her trial and sentencing in absentia. Her legal team argued that the charges were fundamentally defective and that the prosecution had failed to establish the offences to the required criminal standard.

Ms Tamakloe-Attionu was extradited from the United States and returned to Ghana on June 9, 2026, before beginning her 10-year prison sentence at the Nsawam Medium Security Female Prison on June 24, 2026.

She had travelled to the United States in 2021 with the permission of the High Court to seek medical treatment while her trial was ongoing but failed to return to Ghana.

In 2024, the Accra High Court convicted her on multiple counts, including causing financial loss to the state and stealing, over the alleged misappropriation and diversion of state resources during her tenure as MASLOC Chief Executive.

However, the Court of Appeal has now overturned that judgment, ruling that the prosecution failed to establish its case beyond reasonable doubt. The decision effectively clears Ms Tamakloe-Attionu of all the charges for which she had previously been convicted, bringing a significant legal chapter in the long-running MASLOC case to a close.