MASLOC trial: State files fresh application against sureties over ‘missing’ Sedinam Tamakloe

State prosecutors have filed a fresh application which seeks to haul the two sureties who satisfied the bail conditions of former Chief Executive Officer (CEO) of Microfinance and Small Loans Centre (MASLOC) Sedinam Tamakloe Attionu over her continuous absence from the trial.

The latest move follows a similar application which was earlier withdrawn on March 28 by the prosecution due to procedural challenges.

Sedinam Tamakloe was on February 14, 2019 granted bail in the sum of GHc5 million with two sureties by the court, presided over by Mrs Justice Afia Serwah Asare-Botwe.

This was after she pleaded not guilty to 78 counts of causing financial loss to the state, stealing, contravention of the public procurement act, among other charges.

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She has since last year October been absent from court sitings after she was said to have travelled out of the country for medical examination.

In court on Monday, April 25, the prosecution led by Stella Ohene Appiah, a Principal State Attorney said, “We have filed a new application for forfeiture.”

She however told the court that, they have not been able to serve it on the sureties.

Mr Gavivina Tamakloe, formerly with National Theatre and Alex Kofi Mensah Mould former GNPC CEO are the two persons who stood as sureties for the Ex-Masloc boss.

The forfeiture processes are to compel the sureties to come to the court and explain why they should not pay the GHc5m bail sum to the state.

The judge, Justice Asare-Botwe, has subsequently adjourned the case to May 9, 2022.

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Daniel Axim, a former operations Manager of MASLOC is the second accused person and was present in court.


The former MASLOC CEO and Mr. Axim have been dragged to court for allegedly stealing, causing financial loss to the state to the tune of GH¢93 million, among other charges.

Together, the two are facing 78 counts of charges including conspiracy to steal, stealing, unauthorised commitment, resulting in a financial obligation for the government, improper payment, money laundering and contravention of the Public Procurement Act.

The two accused persons allegedly stole a total amount of GH¢3,198,280 whiles at MASLOC and willfully caused a GH¢1,973,780 financial loss to the State.

Again, Ms. Attionu and her accomplice while in charge of MASLOC allegedly made unauthorized commitments resulting in financial obligations for the government to the tune of GH¢61,735,832.50.

The charges against the two also include a GH¢22,158,118.85 loss to public property and improper payment of GH¢273,743.66 as well as money laundering of GH¢3,704,380 whiles in charge.

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