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Former MASLOC CEO jailed 10 years for causing Financial Loss

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Former Chief Executive Officer (CEO) of MASLOC Sedina Tamakloe Attionu was yesterday sentenced to 10 years in prison with hard labour while former Chief Operating Officer of MASLOC, Daniel Axim was also jailed for five years with hard labour.

They were found guilty on 78 counts of causing financial loss to the state, stealing, conspiracy to steal, money laundering, and causing loss to public property in contravention of public procurement law.

The two have been on trial since 2019. The state called six witnesses in all while the first accused person Sedina Tamakloe was tried in absentia as she absconded after obtaining the permission of the court to seek a medical check-up outside the country.

The second accused person, however, testified in person but did not call any witnesses.

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The offences for which the accused persons have been found guilty border on the appropriation of monies meant for MASLOC activities between the period of 2013 and 2016.

In one of the instances, the convicts were found to have withdrawn GHc 500,000 as a loan for Obaatampa Savings and Loans company but demanded a refund of the amount when the financial institution refused to yield a 24% percentage on the matter.

Evidence presented by the state suggested that even though there was evidence of the said refund to the convicts, the same was not reflected in the accounts and books of the complainant institution MASLOC.

The duo were also found guilty of appropriating over 1.7 million Ghana cedis meant for a sensitization exercise. According to the facts of the case, MASLOC was expected to provide 20 Ghana cedis each for 85,300 beneficiaries amounting to the 1.7m cedis.

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However, only 1,300 cedis was spent for the intended purpose with the rest being misappropriated by the convicts.

Equally, only 579,800 out of 1.4 million cedis was disbursed to the victims of an inferno at Kantamanso with the two accused persons appropriating the remainder.

The case also involved the purchase of some vehicles for MASLOC where monies disbursed for the said purchase were more than the market price of the vehicles at the time and a similar situation with the purchase of some Samsung phones.

The evidence suggested that the amounts were higher than the prevailing market price at the time even though they were bought in bulk.

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Source: Citinewsroom

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First Lady boosts Black Maidens, Black Princesses’ morale with generous support

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Dr Lartey presenting items to players
Dr Lartey presenting items to players

Ghana’s First Lady, Lordina Mahama, has made a generous donation to the country’s national female Under-17 and Under-20 teams – Black Maidens and Black Princesses- as they continue preparations for major international assignments.

The donation, made on Friday, May 22, was presented on behalf of the First Lady by the Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, at the GFA Technical Centre in Prampram.

The gesture forms part of efforts to motivate and support Ghana’s young female footballers as they prepare to represent the country on the international stage.

The donation included essential food items and toiletries aimed at supporting the welfare and well-being of the players and technical teams.

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The donation included cartons of Milo, T-rolls, soft drinks, toiletries, and a range of essential supplies aimed at supporting the welfare of the players, enhancing camp conditions, and easing preparations ahead of their respective assignments.

The Black Maidens are currently engaged in preparations for the FIFA U-17 Women’s World Cup qualifiers and are set to take on Liberia women’s national under-17 football team in the second-leg encounter in Liberia this weekend.

Meanwhile, the Black Princesses have already secured qualification to the FIFA U-20 Women’s World Cup after overcoming Uganda in the qualifiers, extending Ghana’s remarkable record to eight consecutive appearances at the tournament.

The donation by the First Lady was expected to boost morale within both camps while reinforcing national support for the young female footballers who continue to make the country proud.

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State closes case in missing US$2M ‘Sky Train’ matter

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The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.

The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.

The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).

The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.

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State investigators have confirmed that the disbursed millions cannot be found.

Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.

The presiding judge granted the application, ordering the defense to submit their arguments by June 8.

The outcome of the June 8 filings will decide the fate of the trial:

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With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.

By Edem Mensah-Tsotorme

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