The Attorney-General and Minister for Justice has announced plans to challenge the Court of Appeal’s decision acquitting former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Attionu Tamakloe, of all charges brought against her.
In a press release issued on July 30, 2026, the Attorney-General’s Office said it had taken notice of the appellate court’s ruling and had directed the Director of Public Prosecutions (DPP) to immediately file a notice of appeal at the Supreme Court.
The Attorney-General also instructed the DPP to file an application for a stay of execution of the Court of Appeal’s judgment pending the determination of the appeal.
Sedina Tamakloe had been charged with 78 counts, including conspiracy to steal, stealing, conspiracy to cause financial loss to the state, causing financial loss to the state, causing loss to public property, improper payment of public funds, unauthorised commitments resulting in financial obligations to the government, money laundering, and breaches of the Public Procurement Act.
She was tried and convicted in absentia by the High Court (Financial Division 2), presided over by Justice Afia Serwaa Asare-Botwe, sitting as an additional High Court judge. Following her conviction, she was sentenced to 10 years’ imprisonment.
On Wednesday, the Court of Appeal unanimously overturned the conviction and sentence, acquitting and discharging the former MASLOC CEO on all charges.
According to the Attorney-General’s statement, the Republic had opposed the appeal by filing written submissions, arguing that the appeal lacked merit and should be dismissed.
Despite the appellate court’s decision, the Attorney-General said the government remains committed to pursuing the matter through the judicial process.
“The Attorney-General remains committed to the due process of law and is confident that the appeal before the Supreme Court will succeed,” the statement said.
