Accra: Ms Sedina Tamakloe-Attionu, the former CEO of the Microfinance and Small Loans Centre (MASLOC), has been released from prison after the State withdrew its application to keep her in custody pending appeal. The Court of Appeal struck out the Attorney-General’s application for a stay of execution after the State informed the court of its decision to withdraw the motion.
According to Ghana News Agency, Ms Hilda Craig, a Principal State Attorney, withdrew the motion during the Court of Appeal proceedings. The court, which was set to deliver its ruling, accepted the withdrawal and struck out the motion.
The Ghana News Agency has learned that the Attorney-General plans to re-file the motion at the Supreme Court. Earlier this year, the Court of Appeal overturned Ms Tamakloe-Attionu’s conviction and sentence, citing insufficient evidence to prove the charges.
Ms Tamakloe-Attionu had been convicted in absentia by an Accra High Court for causing a financial loss of GHS90 million to the State. Following her conviction, she was extradited to Ghana to serve a 10-year prison sentence. She subsequently applied for bail pending appeal, leading to the Court of Appeal quashing the High Court’s decision.