Sedina Tamakloe Attionu, a Chief Executive Officer (CEO) of MASLOC (Microfinance and Small Loans Centre) during the John Dramani Mahama administration, has been jailed to a prison term of 10 years by a High Court in Accra.
The court found Tamakloe Attionu, who was tried in absentia, guilty on 78 counts of causing financial loss to the state, stealing, conspiracy to steal, money laundering, and causing loss to public property in contravention of the public procurement law.
The former MASLOC boss' woes began in 2017 after an investigation by the Economic and Organised Crime Office (EOCO) showed fraudulent disbursements of funds during her reign.
She was accused of embezzling GH¢3.19 million during their tenure at MASLOC and causing a deliberate financial loss of GH¢1.97 million to the state. She was also accused of making unauthorised commitments, resulting in financial obligations totalling GH¢61.74 million for the government.
Here is a breakdown of all the money she was accused of stealing or misappropriating:
1. Appropriating GH¢500,000 of MASLOC funds for personal use after it was returned from a private microfinance company, Obaatanpa Micro-Finance Company Limited.
2. Withdrawing GH¢1,816,000 in tranches after the MASLOC board approved GH¢1,706,000 of MASLOC funds for a countrywide sensitization.
3. Out of the GH¢1,816,000 for the sensitisation programme only GH¢1,300 was spent on refreshments for some beneficiaries in the Volta, Greater-Accra, and Brong-Ahafo Regions with no programme taking place in the other regions.
4. Appropriating only GH¢579,800 out of the sum of GH¢1,465,035 meant for the victims of the Kantamanto Market fire disaster in 2013.
5. Procuring 150 Chevy Aveo Saloon at a unit cost of GH¢74,495 ($18,883.39) instead of GH¢47,346.93 ($12,009.91), 100 Chevy Sparklite at a unit cost of GH¢65,095.00 ($16,500.63) instead of GH¢35,918.37 ($9,104.77) and 33-seater Isuzu buses at a unit cost of GH¢445,560 ($112,942.96), in 2013 without PPA approval.
6. Procuring 200 pieces of Samsung B310 mobile dual sim phones under a project called PINCO Project Market Survey at an inflated cost of GH¢93,412 when the market value of the phones was GH¢24,400, in 2016.
7. Authorising ex-gratia amounts of GH¢135,592.33 and GH¢82,218.76 for herself and her deputy respectively.
8. Paid herself and her deputy GH¢28,445.94 and GH¢27,486.62 respectively, purportedly in lieu of leave.
This is how John Mahama girl and fmr CEO of MASLOC Sedinam Attionu Tamaklo orchestrated with the then ndc government to steal over 90 million Ghana cedis.
— Nαɳα Kɯαɱҽ (@NanaKwame_off) April 17, 2024
????– She stole over 70 million cedis meant for Kantamanto fire victims in 2013.
????- She stole 650,000 cedis meant for a… pic.twitter.com/hFNLkaFw7Y
BAI/NOQ
Watch the latest episode of Everyday People on GhanaWeb TV below:
Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.
- Sale of hotels to Bryan Acheampong: Akomea lists SSNIT properties allegedly sold to NDC gurus
- All the corrupt deals in Ghana are cooked at the Office of the President – Franklin Cudjoe
- Ablakwa details how shares of SSNIT’s Grand Regency Hotel was sold to Bryan Acheampong in 2022
- Ablakwa details how Bryan Acheampong's Rock City Hotel bought 25% shares of SSNIT's Regency Hotel
- Corruption always fights back - Domelevo reacts to petition to remove Kissi Agyebeng as SP
- Read all related articles