The Attorney-General has announced plans to challenge the Court of Appeal's decision acquitting and discharging former Microfinance and Small Loans Centre (MASLOC) Chief Executive Officer, Sedina Attionu Tamakloe, by filing an appeal at the Supreme Court.

In a press release issued on Thursday, July 30, the Attorney-General's Office said it had taken note of the appellate court's decision to acquit Ms Tamakloe of all charges brought against her.

According to the statement, the Republic opposed Ms Tamakloe's appeal by filing written submissions, arguing that it lacked merit and should be dismissed.

Following the Court of Appeal's ruling, however, the Attorney-General has directed the Director of Public Prosecutions to immediately file a notice of appeal at the Supreme Court, together with an application for a stay of execution of the judgment pending the determination of the appeal.

Read the statement below:

OFFICE OF THE ATTORNEY-GENERAL & MINISTRY OF JUSTICE

DATE: JULY 30, 2026

PRESS RELEASE

FOR IMMEDIATE RELEASE

ATTORNEY GENERAL TO APPEAL DECISION OF THE COURT OF APPEAL IN REPUBLIC V. SEDINA TAMAKLOE

The attention of the Attorney-General has been drawn to the decision of the Court of Appeal acquitting the former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Ms. Sedina Attionu Tamakloe, of all the charges brought against her.

Ms. Tamakloe was charged with seventy-eight (78) counts of various offences, 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, unauthorized 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 Her Ladyship Justice Afia Serwaa Asare-Botwe, JA, sitting as an additional High Court Judge. Upon her conviction, she was sentenced to ten (10) years’ imprisonment.

The Republic opposed the appeal by filing written submissions, contending that the appeal lacked merit and ought to be dismissed.

Having received notice of the Court of Appeal’s decision, the Attorney-General has directed the Director of Public Prosecutions to immediately file a notice of appeal to the Supreme Court, together with an application for a stay of execution of the judgment pending the determination of the appeal.

The Attorney-General remains committed to the due process of law and is confident that the appeal before the Supreme Court will succeed.