Breakdown of offences that led to Sedina Tamakloe Attionu’s conviction

Former MASLOC Chief Executive Officer, Sedina Tamakloe Attionu, arrived in Ghana on Tuesday, June 9, 2026, after being extradited from the United States to serve a 10-year prison sentence.

She was received at the Accra International Airport and handed over to the Ghana Police Service and the Ghana Immigration Service to begin serving her jail term.

Attionu was convicted in absentia in April 2024 alongside former MASLOC Chief Operating Officer Daniel Axim, who received a five-year prison sentence with hard labour for causing financial loss to the state.

Investigations by the Economic and Organised Crime Office (EOCO) uncovered several financial irregularities during her tenure at the Microfinance and Small Loans Centre (MASLOC).

She was accused of embezzling GH¢3.19 million, causing a financial loss of GH¢1.97 million to the state, and making unauthorised commitments that created financial obligations of GH¢61.74 million for government.

Among the offences cited in the case were:

1. Allegedly appropriating GH¢500,000 of MASLOC funds for personal use after the money was returned by Obaatanpa Micro-Finance Company Limited.
2. Withdrawing GH¢1.816 million for a nationwide sensitisation programme after board approval for GH¢1.706 million.
3. Spending only GH¢1,300 on refreshments in a few regions while no sensitisation activities were conducted in most parts of the country.
4. Disbursing only GH¢579,800 out of GH¢1.465 million allocated to victims of the 2013 Kantamanto Market fire disaster.
5. Procuring vehicles in 2013 at significantly inflated prices without approval from the Public Procurement Authority (PPA).
6. Purchasing 200 Samsung B310 dual-SIM phones in 2016 at a cost of GH¢93,412, despite their market value being estimated at GH¢24,400.
7. Authorizing ex gratia payments of GH¢135,592.33 for herself and GH¢82,218.76 for her deputy.
8. Paying herself GH¢28,445.94 and her deputy GH¢27,486.62 as leave allowances.

The case remains one of the most high-profile corruption prosecutions involving a former head of a state institution in recent years.