Former MASLOC CEO Sedinam Tamakloe Attinuo forfeits 5M cedis bond executed by sureties

Former MASLOC CEO Sedinam Tamakloe Attinuo forfeits 5M cedis bond executed by sureties
Madam Sedinam Tamakloe Attionu.

By: Beatrice Oppon

The Accra High Court has ordered that the bond executed by the sureties for former CEO of the Microfinance and Small Loans Centre, MASLOC, Sedinam Tamakloe Attinuo should be forfeited to the State.

Per the ruling, the sureties are to pay the bail bond of five million cedis to the State.

A former Chief Executive Officer, CEO, of the Ghana National Petroleum Corporation, GNPC, Alex Mould and an Actor Gavivina Tamakloe stood as sureties for the former MASLOC boss after she was admitted to bail in the sum of five million cedis.

The accused has since October 2021 failed to appear in Court for the trial to progress after she was granted permission by the Court to travel out of the country for medical check up.

Justice Afia Serwah Asare-Botwe held that the 16 months leeway given to the accused person to appear before court is more than enough.

She said a medical report submitted by Counsel for Mrs.Tamakloe Attionu indicates that she will require about six to nine months more for her medical treatment.

According to the medical report, the accused has been diagnosed of an eye problem and therefore needs treatment.

In the opinion of the Court, there is nothing in the document that states that Mrs Tamakloe Attionu is incapable of traveling back to the country to stand trial and or that her condition cannot be treated in Ghana.

Justice Asare-Botwe said the back and forth with the accused person is not fair to Daniel Axim, who is standing trial with the former MASLOC boss.

The judge noted the Court, granted Mrs Tamakloe Attionu permission to travel for medical attention because at the time of the request the legal vacation was near and the accused person could have travelled and return on in time for the trial to continue.

The Court said trial in absentia would be determined later.

The former MASLOC CEO is on trial with Daniel Axim who is also a former Operations Manager of MASLOC, on 78 counts of willfully causing financial loss to the state, stealing, and contravention of the public procurement act, among other charges.

They have both pleaded not guilty to the charges.

Hearing has been adjourned to February 7, 2023.


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