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Baffour Awuah granted GH¢10m bail after pleading not guilty to dissipation of public funds, causing financial loss and money laundering

By GhanaSummary Newsroom1 min read
Baffour Awuah granted GH¢10m bail after pleading not guilty to dissipation of public funds, causing financial loss and money laundering

The MP was arraigned before an Accra High Court on Saturday, October 3, following his arrest and detention by EOCO in connection with an ongoing investigation into transactions involving SIC Life Savings and Loans.

His bail brings to an end several days of uncertainty over his continued detention after he voluntarily surrendered himself to EOCO on Thursday, October 1, following the issuance of an arrest warrant by the High Court.

The investigation relates to alleged unauthorised financial transactions involving SIC Life Savings and Loans and includes allegations of financial loss, dissipation of public funds and money laundering, among other matters.

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