Former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe-Attionu, has been released from prison after the State withdrew its application seeking to keep her in custody pending an appeal to the Supreme Court.
The Court of Appeal on Wednesday, August 12, 2026, struck out the Attorney-General’s application for a stay of execution after the State informed the court that it had withdrawn the case.
The notice of withdrawal was filed on August 10. When the matter came before the court, counsel for the Republic, Hilda Craig, led by Winifred Sarpong, confirmed the State’s decision.
The withdrawal clears the way for Mrs Tamakloe-Attionu’s release following the Court of Appeal’s decision to overturn her conviction and 10-year prison sentence and acquit and discharge her.
The Attorney-General had filed the stay application after the Court of Appeal’s ruling, seeking to suspend the effect of the acquittal while the State pursued an appeal at the Supreme Court.
The application was heard on July 31, 2026, after which the court reserved its ruling.
At Wednesday’s sitting, counsel for Mrs Tamakloe-Attionu, Sidney Antonio, acknowledged receipt of the State’s notice of withdrawal. He, however, argued that the Attorney-General should have sought the court’s leave before withdrawing the application.
The court noted the concern but observed that the respondent had not opposed the withdrawal.
It subsequently struck out the application as withdrawn.
The development means there is no longer a stay application before the Court of Appeal seeking to suspend the effect of its decision acquitting and discharging Mrs Tamakloe-Attionu.
The State has, however, appealed the Court of Appeal’s decision to the Supreme Court, where the substantive case will now be determined.
