MASLOC case: Sedina Tamakloe sentenced to 10 years in prison

Sedina Tamakloe Attionu, a former CEO of MASLOC, will spend the next ten years behind bars with hard labour.

Prior to the trial in absentia, on January 24, 2023, the court ordered former Ghana National Petroleum Corporation (GNPC) CEO Alex Mould and actor Gavivina Tamakloe to pay a GH¢5 million bail bond to the state due to their inability to produce Attionu, for whom they acted as sureties.

According to the prosecution's account, in 2017, the Economic and Organised Crime Office (EOCO) investigated fraudulent disbursements of MASLOC funds involving Attionu and Axim.

Attionu subsequently offered an additional GH¢500,000 investment to Obaatanpa, leading to the issuance of a MASLOC Agricultural Development Bank (ADB) cheque worth GH¢500,000 to Obaatanpa on July 24, 2014.

Upon receipt of the cheque, Attionu allegedly demanded a 24% interest rate from Obaatanpa.

When Obaatanpa refused, Attionu demanded a cash refund.

It was alleged that Attionu appropriated the GH¢500,000 for personal use.