The Appeal Court has adjourned indefinitely without delivering a ruling on the State’s application for a stay of execution in following the court acquital of former Microfinance and Small Loans Centre (MASLOC) Chief Executive Officer, Sedina Tamakloe-Attionu.
Sophia Rosetta Bernasko-Essah, who presided, Justice Dr Ernest Owusu-Dapaa and Justice Ayitey Armah-Tetteh, the three member panel who heard the arguments retire approximately two hours and returned to the courtroom revealing that they were unable to reach a decision on the application.
The Court of Appeal consequently adjourned the matter indefinitely without indicating when it would reconvene.
The development follows Dr Dominic Ayine, the Attorney-General and Minister for Justice, who filed an urgent application at the Court of Appeal seeking a stay of execution of the judgment that acquitted and discharged Sedina Tamakloe Attionu.
On Thursday, July 30, the Attorney-General’s application was filed after the Court of Appeal unanimously overturned Attionu’s conviction and 10-year prison sentence.
Dr Dominic Ayine is asking the Court of Appeal to suspend the effect of its judgment until the Supreme Court determines the state’s appeal.
The AG motion, filed by Principal State Attorney Hilda W. Craig on behalf of the Attorney-General, is supported by an affidavit sworn by Assistant State Attorney Andrew Owusu-Agyemang.
The Attorney-General in the affidavit states that the Court of Appeal’s judgment resulted in a substantial miscarriage of justice because of what he describes as material errors of law and fact on the face of the record.
The affidavit further discloses that the Republic has already filed a notice of appeal at the Supreme Court.
According to the Attorney-General, failing to grant a stay of execution could render the intended appeal ineffective if the acquittal remains in force.
They then ask the Court of Appeal to suspend the operation of its July 30 judgment pending the final determination of the appeal by the Supreme Court.
Also, court documents show that notice of the application has been directed to the Registrar of the Court of Appeal and Attionu at the Nsawam Medium Security Prison and the Director of the Ghana Prisons Service at Nsawam.
The development follows, the Court of Appeal decision overturning Sedina Tamakloe-Attionu’s earlier conviction.
On Thursday, July 31, 2026, the Court of Appeal delivered its ruling stating that the prosecution had not established the allegations against Sedina Tamakloe-Attionu to the required standard of proof.
Sedina Tamakloe-Attionu’s acquittal and discharge means she is no longer liable for the convictions arising from the case.
It will be recalled that Sedina Tamakloe Attionu was sentenced to 10 years in prison by a High Court in Accra.
The former MASLOC CEO was sentenced to 10 years in prison with hard labour for causing financial loss of GH¢90 million to the state in April 2024.
In 2019, the case began; however, during the course of the trial, Sedina Tamakloe travelled to the United States to seek medical attention.
Sedina Tamakloe was tried in absentia after failing to return to Ghana.
A former Chief Operating Officer of MASLOC, Daniel Axim, was also sentenced to five years in prison with hard labour.
Sedina Tamakloe and Daniel Axim were found guilty on 78 counts of causing financial loss to the state, stealing, conspiracy to steal, money laundering, and causing loss to public property in violation of public procurement law.
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