Former MASLOC CEO Sedina Tamakloe to remain in US Marshals custody pending extradition to Ghana
via GhanaWeb2 min read
Sedina Tamakloe Attionu, former Chief Executive Officer of the Microfinance and Small Loans Centre MASLOC, has been ordered into the custody of the United States Marshals as her extradition to Ghana proceeds. A United States District Court in Nevada, presided over by Magistrate Judge Daniel J Albregts, certified the extradition request after finding sufficient legal grounds and probable cause for her conviction on multiple financial crimes. The court ruled to certify her extradition to Ghana on 25 counts of Stealing, 9 counts of Conspiracy to Steal, 20 counts of Willfully Causing Financial Loss to the State, 11 counts of Conspiracy to Willfully Cause Financial Loss to the State, 3 counts of Causing Loss to Public Property, and 4 counts of Money Laundering. Attionu was convicted in absentia by an Accra High Court in 2024 and sentenced to 10 years’ imprisonment for causing nearly GH¢90 million in financial losses during her tenure as MASLOC CEO between 2013 and 2016. She had failed to return to Ghana after being granted permission in 2021 to travel to the United States for medical treatment, leading to her trial proceeding without her presence. Ghana’s government formally initiated extradition proceedings in 2025, and the final decision now rests with the US Secretary of State, who will determine whether Attionu is surrendered to Ghana to serve her sentence.
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This summary was AI-generated from a story originally published by GhanaWeb.
The Supreme Court has stayed the execution of a Court of Appeal decision that had directed the Bank of Ghana BoG to restore the operating licence of GN Savings and Loans. This ruling means GN Savings and Loans will not resume operations while the Bank of Ghana's appeal is pending before the Supreme Court. The BoG filed an application challenging the Court of Appeal's decision, arguing that the appellate court erred in law by proceeding to hear and determine the appeal. On May 21, 2026, the Court of Appeal had restored GN Savings and Loans' licence, overturning a High Court judgment that upheld the revocation of the company's licence during Ghana's banking sector clean-up exercise. The Court of Appeal's three-member panel had deemed the revocation unfair and unreasonable. GN Savings and Loans, owned by Dr Papa Kwesi Nduom, has consistently maintained that the revocation of its licence was unlawful, unreasonable, and malicious. The legal dispute originated in August 2019 when the Bank of Ghana, under former Governor Dr Ernest Addison, revoked the licences of several financial institutions as part of measures to restructure the financial sector.
Salam Mustapha, the National Youth Organiser of the New Patriotic Party NPP, has criticized Raymond Archer, Chief Executive Officer of the Economic and Organised Crime Office EOCO, following the arrest of NPP communications team member Dennis Miracles Aboagye. Aboagye was granted bail of GH¢50 million on July 13, 2026, after being detained at EOCO on allegations of misappropriating GH¢55 million. NPP leaders, lawyers, and sympathizers gathered at the EOCO premises to demand his release. Mustapha accused Archer of deliberately causing suffering to individuals, stating that Archer is "fond of arresting people and leaving them to suffer while he sits in comfort, allowing those who are not criminals to endure unnecessary hardship." He described the situation as "persecution" and "perversion," warning that such actions could lead to future retaliation when power shifts. Mustapha emphasized the importance of treating people with respect and inviting individuals for investigation rather than detaining them unnecessarily, especially when they are not evading justice.
Ghana's Minister of Gender, Children and Social Protection, Dr Agnes Naa Momo Lartey, has commended four Ghanaian pupils from Pentecost Preparatory School for setting Guinness World Records. The Minister described their success as a source of national pride and an inspiration for children across the country. The pupils, identified and nurtured by the Sophia Boadi Readathon International Foundation SBRIF, achieved records in various categories. Isaac K Boadi Atuah and George K Kwarteng Boadi set the record for the fastest time to sort two bags of recyclable materials, with Isaac also achieving the record for the most seeds planted in one minute. Selorm Dzakah Junior secured the record for the fastest time to pack a school bag, while Rebecca Ackron Essel set the record for the fastest time to build a 10-toilet roll pyramid. Dr Lartey praised the pupils' determination, discipline, and commitment to excellence, highlighting their potential and encouraging them to inspire other children. She also commended SBRIF for its work in literacy, talent development, and youth empowerment, noting that these initiatives support government efforts in education and child development. The Minister presented a cash token to the pupils in recognition of their achievements.