Former Microfinance and Small Loans Centre CEO, Sedina Tamakloe-Attionu, has regained her freedom after the State withdrew its application to keep her in prison pending a Supreme Court appeal.
At the Court of Appeal on Wednesday, August 12, the Attorney-General’s team told the court it was dropping the stay of execution application. Counsel for the Republic, Hilda Craig, led by Winifred Sarpong, confirmed the withdrawal, which had been filed on August 10.
With no application left to block it, the court’s earlier decision to overturn Madam Tamakloe-Attionu’s conviction and 10-year jail term stood. She was acquitted and discharged, clearing the path for her release.
The State had filed the stay after the Court of Appeal ruling, arguing it was needed to preserve the judgment while it pursued an appeal to the Supreme Court. That application was argued on July 31, 2026, and the court had reserved its ruling.
During Wednesday’s proceedings, her lawyer, Sidney Antonio, said the Attorney-General ought to have sought the court’s permission before withdrawing. The court acknowledged the point but noted there was no opposition from the respondent.
It then struck out the application as withdrawn.Although the stay bid is gone, the State has still filed an appeal against the Court of Appeal’s acquittal at the Supreme Court. The withdrawal means there is currently nothing before the Court of Appeal to suspend the effect of Mrs Tamakloe-Attionu’s acquittal and discharge.