Nana Agyei Baffour Awuah, the Member of Parliament for Manhyia South, has pleaded not guilty to three charges relating to an alleged GH¢9.85 million financial loss involving state-owned SIC Life Savings and Loans Company Limited.
The charges were filed on October 3, 2026, by Deputy Attorney-General and Minister for Justice, Dr Justice Srem-Sai, following investigations conducted by the Economic and Organised Crime Office (EOCO).
Awuah is facing charges of conspiracy to commit a crime, intentionally causing financial loss to a public body and money laundering.
According to the prosecution, the case centres on an arrangement allegedly made in 2024 involving Awuah and the then Managing Director of SIC Life.
At the time, Awuah, a lawyer and Senior Partner at Sarkodie Baffour Awuah & Partners, was serving as legal counsel for the company.
The prosecution alleges that during his tenure as counsel, Awuah agreed with the company’s then Managing Director to compromise a judgment debt owed to SIC Life.
Prosecutors claim the arrangement resulted in a loss of approximately GH¢9.85 million to the state-owned company.
The first charge alleges that Awuah conspired to intentionally dissipate public funds. The prosecution is relying on Section 1(1) of the Public Property Protection Decree, 1977 (SMCD 140), together with Section 23(1) of the Criminal Offences Act, 1960 (Act 29).
The second count accuses the MP of intentionally causing financial loss to a public body under Section 179A(2) of the Criminal Offences Act.
The third charge relates to money laundering.
Awuah, who is 44 years old, has denied all three charges and pleaded not guilty.
The case follows EOCO’s investigation into the circumstances surrounding the judgment debt and the subsequent arrangement involving SIC Life.
The allegations are yet to be tested in court, and Awuah remains presumed innocent unless proven guilty.
