Sedina Tamakloe Biography, Sentence, and More

Sedina Tamakloe is a well-known Ghanaian politician who is best known as a former Chief Executive Officer (CEO) of MASLOC, Microfinance and Small Loans Centre. Sedina Tamakloe is a proud member of the National Democratic Congress (NDC). Sedina Tamakloe had a successful and enviable political career until she got sentenced to 10 years in prison for […] The post Sedina Tamakloe Biography, Sentence, and More appeared first on MyNewsGh.

Apr 16, 2024 - 21:15
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Sedina Tamakloe Biography, Sentence, and More

Sedina Tamakloe is a well-known Ghanaian politician who is best known as a former Chief Executive Officer (CEO) of MASLOC, Microfinance and Small Loans Centre.

Sedina Tamakloe is a proud member of the National Democratic Congress (NDC).

Sedina Tamakloe had a successful and enviable political career until she got sentenced to 10 years in prison for hard labor for causing financial loss to the state.

Sedina Tamakloe worked in the United Kingdom, taking advantage of the Commonwealth visa.

She was at the time an Administrative assistant with an NGO that dealt with victims of crime.

Sedina Tamakloe
Sedina Tamakloe

Sedina Tamakloe Biography

Sedina Tamakloe was born on the early 1970s, in a town of Ghana but her actual date and place of birth is known.

She spent most of her childhood in Ghana.

Former CEO of MASLOC, Sedinam Tamakloe, has been sentenced to 10 years in prison with hard labor, while the former Chief Operating Officer, Daniel Axim, has received a five-year sentence with hard labor.

They were both found guilty on 78 counts including causing financial loss to the state, stealing, conspiracy to steal, money laundering, and causing loss to public property, violating public procurement laws.

The trial began in 2019, with six witnesses called by the state.

Tamakloe was tried in absentia after she left the country for a medical checkup following court permission, while Axim testified in person but did not call any witnesses.

The charges revolve around misappropriating funds intended for MASLOC activities between 2013 and 2016.

One instance involved the withdrawal of GHc 500,000 as a loan for Obaatampa Savings and Loans company, with the convicts demanding a refund when the financial institution refused to comply with a 24% interest rate.

Despite evidence of the refund, it was not reflected in MASLOC’s accounts.

They were also found guilty of misappropriating over 1.7 million Ghana cedis meant for a sensitization exercise, with only a fraction spent for its intended purpose.

Similarly, funds meant for victims of a fire in Kantamanso were not fully disbursed, with the accused appropriating the remainder.

The case also involved the purchase of vehicles and Samsung phones at prices higher than the market rates at the time, suggesting corruption in procurement practices.

Sedina Tamakloe Husband

Sedina Tamakloe is a married woman. She has for many years news been married to Mr. Tamakloe. Unfirtunately, there isn’t much information about him.

Sedina Tamakloe Children

Sedina Tamakloe should be having a child or children but there is no information about her children.

The post Sedina Tamakloe Biography, Sentence, and More appeared first on MyNewsGh.