Omanghana
Former Chief Executive Officer of the Microfinance and Small Loans Centre, Sedina Tamakloe-Attionu, remains in prison custody despite the Court of Appeal overturning her conviction on financial misconduct charges.
The Minister of State in charge of Government Communications, Felix Kwakye Ofosu, confirmed on August 4, 2026, that Tamakloe-Attionu had not been released from the Nsawam Medium-Security Female Prison following the appellate court’s ruling.
On Thursday, July 30, 2026, the Court of Appeal unanimously acquitted and discharged the former MASLOC CEO on all 78 counts brought against her. The court ruled that the prosecution had failed to prove its case beyond a reasonable doubt.
Her continued detention is connected to an emergency application filed by the Office of the Attorney-General seeking a stay of execution of the appellate judgment. The state wants the ruling temporarily suspended while it prepares to challenge the decision.
Chief Justice Paul Baffoe-Bonnie has reportedly granted special permission for the Court of Appeal to sit during the legal vacation to consider the application. The hearing has been scheduled for August 16, 2026.
Government officials maintain that Tamakloe-Attionu has remained in the custody of the Ghana Prisons Service since her extradition from the United States in June 2026.
However, her continued detention after the acquittal has generated legal and public debate, particularly over whether filing an application for a stay is sufficient to prevent the immediate enforcement of a judgment discharging a convicted person.
The case has also intensified political tensions. The New Patriotic Party has described the Court of Appeal’s ruling as erroneous and damaging to Ghana’s anti-corruption campaign.
The party has announced plans to hold a public protest on Thursday, August 6, 2026, to register its opposition to the decision.
Some legal commentators and political figures have defended the appellate ruling, arguing that the original High Court trial, which was conducted in absentia, did not adequately establish the charges against Tamakloe-Attionu.
Attention will now turn to the August 16 hearing, where the Court of Appeal is expected to determine whether its judgment should be suspended while the Attorney-General pursues a further challenge.
Source: Omanghana
