General News of 2026-10-06

Money Laundering, Financial Loss to the State: Here are the charges filed against Baffour Awuah

After the Accra High Court granted the Member of Parliament for Manhyia South, Nana Agyei Baffour Awuah, bail of GH¢10 million with two sureties, the court has officially released details of the charges levelled against him. In a document shared on X and sighted by GhanaWeb on October 5, 2026, the court detailed three charges filed against the MP. According to the document, signed by the Deputy Attorney General, Dr Justice Srem-Sai, Baffour Awuah was, under count one, charged with conspiracy to commit a crime. The document stated that in 2024, while acting as counsel for SIC Life Savings and Loans Company Limited, Baffour Awuah allegedly agreed to act together with the Managing Director of SIC Life Savings and Loans to “waste” an amount of GH¢9,850,000 belonging to the company. I told EOCO boss to arrest Baffour Awuah – Mustapha Gbande claims “...While acting as professional lawyer for SIC LIFE SAVINGS & LOANS COMPANY LIMITED, agreed to act together with the Managing Director of the said SIC LIFE SAVINGS & LOANS COMPANY LIMITED, to intentionally dissipate the sum of Nine Million, Eight Hundred and Fifty Thousand Ghana cedis only (GH¢9,850,000),” the document read. The charge sheet additionally noted under count two that Baffour Awuah had the intention of causing financial loss to the state in 2024. “...In the year 2024, and within the jurisdiction of this court, did, in the course of a business transaction with SIC LIFE SAVINGS & LOANS COMPANY LIMITED, intentionally cause the said SIC LIFE SAVINGS & LOANS COMPANY LIMITED to lose the sum of Nine Million, Eight Hundred and Fifty Thousand Ghana cedis only (GH¢9,850,000).” Baffour Awuah has also been charged with money laundering in connection with an alleged transaction in 2024. Nana Baffour Awuah vows to defend Salomey Baffoe despite 'setbacks' According to the charge sheet, Baffour Awuah assisted in transferring a sum of GH¢1 million to the then Managing Director of SIC Life Savings and Loans. The document additionally alleged that the Member of Parliament, at the time of the transfer, knew that the money had been acquired through crime. “...For the purpose of assisting to evade the legal consequences of a crime, transfer the sum of One Million Ghana cedis (GH¢1,000,000) to the person who was at the material time the Managing Director of SIC LIFE SAVINGS & LOANS COMPANY LIMITED, knowing at the time of such transfer that the money was acquired through crime,” it added. Meanwhile, the MP had been in the custody of the Economic and Organised Crime Office (EOCO) following his voluntary surrender to the agency on October 1, 2026. His appearance before the court followed EOCO’s decision to bring him before a court within the applicable constitutional timelines governing detention. Baffour Awuah, who is also a Senior Partner at Sarkodie, Baffour Awuah and Partners, has disputed the allegations. His lawyer, Samuel Atta Akyea, has maintained that the transactions under investigation arose from legal services provided by the law firm to SIC Life Savings and Loans and rejected suggestions of criminal conduct. EOCO has since urged the public to refrain from speculation or drawing premature conclusions about the culpability of any person connected to the case. The agency has stressed that its investigations are ongoing and that all persons involved remain entitled to their constitutional rights, including due process. Read the full post below:

Charge sheet containing the charges of conspiracy to dissipate public funds and causing financial loss to the state against Nana Agyei Baffuor Awuah who was recently arrested and detained by EOCO. https://t.co/2TImDnvdXX

— GhLawTrends (@GhLawTrends) October 5, 2026 JHM/AMSource: www.ghanaweb.com
« Previous | Next »
Site Menu