The Attorney General's decision to challenge the Court of Appeal's acquittal of former Microfinance and Small Loans Centre (MASLOC) CEO Sedina Christine Tamakloe-Attionu has renewed public interest in the criminal case that was first filed in 2019.

On Thursday, July 30, 2026, the Attorney General announced that it had directed the Director of Public Prosecutions to file a notice of appeal at the Supreme Court and seek a stay of execution of the Court of Appeal's judgment.

FLASHBACK: The 8 crimes that led to Sedina Tamakloe-Attionu’s conviction

Before the appeal is heard by the Supreme Court, many Ghanaians are asking what offences Tamakloe-Attionu was originally charged with and what formed the basis of the prosecution's case.

According to the charge sheet filed by the Attorney General's Department in 2019, Tamakloe-Attionu and former MASLOC Operations Manager Daniel Axim were jointly charged with 80 counts involving alleged financial crimes committed during their time at the state agency.

The charges include stealing, conspiracy to steal, wilfully causing financial loss to the state, causing loss to public property, improper payment of public funds, unauthorised financial commitments, money laundering and breaches of the Public Procurement Act.

According to the prosecution's brief facts, investigations by the Economic and Organised Crime Office (EOCO) began in 2017 after allegations of fraudulent disbursement of MASLOC funds.

Investigators alleged that Tamakloe-Attionu dishonestly appropriated GH¢500,000 refunded by Obaatanpa Microfinance after the company rejected a MASLOC investment over disagreements about interest rates.

The prosecution claimed MASLOC had no record of receiving the refunded money.

The prosecution also alleged that funds approved for a nationwide sensitisation and monitoring programme for MASLOC beneficiaries were withdrawn but largely not used for the intended exercise.

It further alleged that monies earmarked for training, sensitisation and financial literacy programmes were diverted.

Another allegation related to financial assistance meant for victims of the 2013 Kantamanto Market fire.

Prosecutors claimed that out of GH¢1,465,035 allocated for the exercise, GH¢579,800 was dishonestly appropriated.

The charge sheet also accused Tamakloe-Attionu of breaching procurement laws during the acquisition of 350 vehicles from Mac Autos and Spare Parts Ghana Ltd, alleging that the contract was signed without the approval required under the Public Procurement Act and that the vehicles were procured at inflated prices.

Prosecutors further alleged that MASLOC purchased 200 Samsung mobile phones at prices significantly above the market value and that Tamakloe-Attionu authorised the payment of ex gratia and leave allowances to herself and her deputy without the required approval.

Tamakloe-Attionu was later tried and convicted in absentia by the High Court and sentenced to 10 years' imprisonment.

Kwaku Azar breaks down ruling on Sedina Tamakloe-Attionu's acquittal

However, the Court of Appeal on July 30, 2026, acquitted and discharged her after ruling that the prosecution had failed to prove the charges beyond a reasonable doubt.

The Attorney General has since begun the process of challenging that decision at the Supreme Court.

See a breakdown of the 80 charges below



MAG/VPO

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