The Attorney-General and Minister for Justice has announced that the state will challenge the Court of Appeal’s decision to acquit and discharge former Microfinance and Small Loans Centre (MASLOC) Chief Executive Officer, Sedina Tamakloe-Attionu, of all charges against her.
In a statement issued on Thursday, July 30, the Attorney-General disclosed that the government has instructed the Director of Public Prosecutions (DPP) to immediately file an appeal at the Supreme Court. The state will also seek a stay of execution of the Court of Appeal’s ruling while the Supreme Court considers the appeal.
According to the Attorney-General, the government remains confident in the strength of its case and believes the Supreme Court will overturn the appellate court’s decision. The statement further reaffirmed the government’s commitment to pursuing the matter through the legal process.
Sedina Tamakloe-Attionu was originally facing 78 charges, including conspiracy to steal, stealing, causing financial loss to the state, conspiracy to cause financial loss, money laundering, improper payment of public funds, causing loss to public property, unauthorised financial commitments on behalf of the government, and violations of the Public Procurement Act.
In 2024, the High Court (Financial Division 2), presided over by Justice Afia Serwaa Asare-Botwe, convicted her in absentia and sentenced her to 10 years in prison. She was subsequently extradited to Ghana in June 2026 to begin serving the sentence.
However, on Thursday, July 30, 2026, the Court of Appeal overturned the conviction, acquitting and discharging the former MASLOC CEO after finding that the prosecution had failed to establish its case beyond reasonable doubt.
Delivering the ruling, presiding judge Justice Emmanuel Ankamah held that the evidence presented by the prosecution was insufficient to support the convictions imposed by the High Court.
Although the Attorney-General had urged the Court of Appeal to dismiss the appeal, arguing that it lacked merit, the appellate court ruled in favour of Tamakloe-Attionu.
Despite the setback, the Attorney-General has made it clear that the state will continue its legal challenge by taking the case to the Supreme Court.