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 earlier conviction and 10-year prison sentence.
In a judgment delivered on Thursday, July 30, 2026, the appellate court held that the prosecution failed to prove its case against the former MASLOC boss beyond reasonable doubt.
The decision effectively sets aside the convictions entered against her by the Accra High Court in 2024 for offences including causing financial loss to the state and stealing.
The ruling follows an appeal filed by Tamakloe-Attionu challenging her conviction, sentence, and the propriety of her trial and sentencing in absentia.
Her lawyers had argued that the charges brought against her were fundamentally defective and that the prosecution failed to establish the alleged offences to the required criminal standard.
Tamakloe-Attionu was extradited from the United States and returned to Ghana on June 9, 2026, before beginning her 10-year sentence at the Nsawam Medium Security Female Prison on June 24, 2026.
She had travelled to the United States in 2021 after obtaining permission from the High Court to seek medical treatment while her trial was ongoing but failed to return to Ghana to continue with the proceedings.
In 2024, the Accra High Court convicted her on multiple charges relating to the alleged misappropriation and diversion of state resources during her tenure as MASLOC Chief Executive.
However, the Court of Appeal has now overturned the decision, ruling that the prosecution did not meet the required burden of proof in establishing the case against her.