Former CEO of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe-Attionu, has been released from prison after the State withdrew its application seeking to keep her in custody pending an appeal to the Supreme Court.
The Court of Appeal on Wednesday, August 12, struck out the Attorney-General’s application for a stay of execution after the State informed the court that it had withdrawn the application.
The State filed the notice of withdrawal on August 10, with counsel for the Republic, Hilda Craig, led by Winifred Sarpong, confirming the decision when the case came before the court.
The development cleared the way for Madam Tamakloe-Attionu’s release after the Court of Appeal overturned her conviction and 10-year prison sentence and acquitted and discharged her.
The Attorney-General had filed the stay application after the Court of Appeal’s decision, arguing that the order was necessary to preserve the effect of the judgment while the State pursued an appeal before the Supreme Court.
The application was heard on July 31, 2026, with the court reserving its ruling for a later date.
At Wednesday’s sitting, counsel for Mrs Tamakloe-Attionu, Sidney Antonio, acknowledged receipt of the State’s notice but argued that the Attorney-General should have sought the court’s leave before withdrawing the application.
The court noted the concern but observed that the respondent did not oppose the withdrawal.
It subsequently struck out the application as withdrawn.
The State’s decision to withdraw the stay application means there is no longer an application before the Court of Appeal seeking to suspend the effect of its decision acquitting and discharging Mrs Tamakloe-Attionu.
The State has, however, appealed the Court of Appeal’s decision to the Supreme Court.
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