Omanghana
Manhyia South Member of Parliament, Nana Agyei Baffour Awuah, has been granted GH¢10 million bail by the Accra High Court after denying charges linked to alleged financial irregularities involving SIC Life Savings and Loans.
The ruling was delivered on Saturday, October 3, 2026. The charges against the legislator include conspiracy to commit crime, intentionally causing financial loss of GH¢9.85 million to the state and money laundering. He pleaded not guilty.
The court, presided over by Justice Charity Akosua Asem, required two sureties and directed Baffour Awuah to deposit his passport with the Court Registry. He must also make himself available to the Economic and Organized Crime Office (EOCO) whenever investigators require his attendance.
His parliamentary colleagues representing Bosome Freho and Effia stood as sureties. In granting bail, the court held that the MP was not a flight risk.
Deputy Attorney-General Dr. Justice Srem-Sai did not oppose the bail application but asked for conditions that would ensure the legislator remained available for investigations and court proceedings.
Defense counsel Samuel Atta Akyea had requested bail on self-recognizance, citing his client’s status as a sitting MP and his decision to report voluntarily to EOCO on October 1, 2026. He argued that Baffour Awuah’s conduct demonstrated his willingness to cooperate.
The prosecution disputed the suggestion that the MP had consistently made himself available, saying EOCO had issued an initial invitation in February and made further attempts to secure his attendance.
The disputed transactions concern legal work undertaken by Baffour Awuah’s former law firm to recover funds owed to SIC Life Savings and Loans by Equity Savings and Loans.
According to the defense, the recovery process led to litigation over property and a subsequent negotiated settlement. Atta Akyea rejected allegations that the arrangement amounted to the dissipation of funds, maintaining that it involved a commercial settlement and payment of legal fees.
After meeting his bail conditions, Baffour Awuah maintained his innocence and challenged the allegations against him.
“No dirt can stick on me,” he said, insisting that his accusers should present their evidence in court.
The court ordered the prosecution to file its disclosures by October 22, 2026. The MP is expected to return to court on October 26, with a Case Management Conference scheduled for November 2, 2026.
Source: Omanghana
