Former Microfinance and Small Loans Centre (MASLOC) CEO Sedina Tamakloe-Attionu has been released from Nsawam Medium Security Prison despite the Attorney-General’s continuing challenge to her acquittal at the Supreme Court.
The reason is that the State withdrew its application seeking to keep her in custody before the Court of Appeal on Wednesday, August 12. The court struck out the application as withdrawn, after which a release warrant was signed for Tamakloe-Attionu.
This means she is currently free because the Court of Appeal’s July 30 acquittal and discharge remain in effect, while the State’s attempt to suspend that decision has now moved to the Supreme Court.
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Why Sedina Tamakloe was released
The immediate development that led to Tamakloe-Attionu’s release was the Attorney-General’s withdrawal of its stay of execution application before the Court of Appeal.
The application had been filed after the appellate court unanimously acquitted and discharged Tamakloe-Attionu on July 30, overturning her 10-year prison sentence.
A stay of execution would have suspended the effect of that judgment while the State pursued its challenge at the Supreme Court.
On Wednesday, however, the Attorney-General withdrew the application before the Court of Appeal. The three-member panel subsequently struck it out as withdrawn.
A release warrant was then signed, allowing the former MASLOC CEO to leave prison.
The development followed weeks of uncertainty over whether Tamakloe-Attionu would remain in custody while the State challenged her acquittal.
Her release is directly connected to the Court of Appeal’s July 30 judgment, which acquitted and discharged her after finding that the prosecution had failed to prove the charges against her beyond reasonable doubt.
The important point is that the Court of Appeal has not withdrawn or overturned its acquittal. The State has instead moved its application seeking to suspend the effect of that judgment to the Supreme Court.
Why the State is still challenging her acquittal
Tamakloe-Attionu’s release does not mean the Attorney-General has abandoned the case.
Following the July 30 acquittal, the Attorney-General directed the Director of Public Prosecutions to appeal the decision at the Supreme Court and filed an application seeking a stay of execution pending the determination of that appeal.
The State subsequently withdrew the stay application from the Court of Appeal and filed it at the Supreme Court.
The Supreme Court has scheduled the application for October 13, 2026. The Attorney-General is asking the court to suspend the effect of the Court of Appeal’s decision while the State’s appeal is determined.
The State’s challenge is based on its position that the Court of Appeal made errors in acquitting Tamakloe-Attionu and that its decision should be overturned.
But the Supreme Court has not yet determined those arguments.
That creates two separate legal positions.
Tamakloe-Attionu’s current position: She has been acquitted and discharged by the Court of Appeal and has been released from prison.
The State’s position: The Attorney-General is challenging that decision at the Supreme Court and wants the effect of the acquittal suspended while the appeal proceeds.
For now, the Court of Appeal’s acquittal remains the operative decision affecting Tamakloe-Attionu’s status.
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What happens next
The next major development is expected on October 13, when the Supreme Court is scheduled to hear the Attorney-General’s application.
The court will consider the State’s request to suspend the effect of the Court of Appeal’s judgment pending the determination of its appeal.
That means Tamakloe-Attionu’s release should not be interpreted as the final end of the legal dispute.
She is free for now, but the State’s challenge remains active.
The case has therefore entered a new phase. The immediate question of whether Tamakloe-Attionu would remain in Nsawam Prison has been resolved in her favour, but the broader dispute over the Court of Appeal’s acquittal is now headed to Ghana’s highest court.
For Tamakloe-Attionu, the immediate position is clear: she has been released because the State withdrew its stay application before the Court of Appeal and the court consequently struck it out.
The Supreme Court will now determine the next stage of the State’s challenge.
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