Former MASLOC head, Sedina Tamakloe Attionu, has been handed a decade-long prison sentence following her conviction for misappropriating more than GH¢90 million while serving as CEO. She was convicted on 78 charges including theft, money laundering, and causing significant financial harm to the state.
The case dates back to 2017 when investigators started probing into MASLOC’s fund management under her watch. Findings revealed that she had diverted GH¢3.19 million for her own benefit and caused a loss of GH¢1.97 million to the government. Moreover, she made unauthorized spending commitments amounting to GH¢61.74 million.
During the trial, it was disclosed that Tamakloe Attionu used GH¢500,000 of MASLOC’s funds for personal expenses. She also received GH¢1,816,000 allocated for a nationwide initiative but only expended GH¢1,300 on refreshments for beneficiaries across three regions, leaving the bulk of the funds unspent for the intended purpose.
The court further determined that she misused part of GH¢1,465,035 meant to assist victims of a 2013 market fire, allocating only GH¢579,800 correctly. Additional charges included procurement of overpriced vehicles and mobile phones.
Tamakloe Attionu was tried in absentia after leaving the country on medical grounds. Another implicated official, Daniel Axim, was sentenced to five years imprisonment for his role in the fraudulent activities.