MASLOC Boss, Sedina Christine Tamakloe Atinu
Public sector analyst Harry Yamson said the Ministry of Finance (MoF) and the Microfinance and Small Loans Center (MASLOC) Committee cannot be ignored in the event of misappropriation of funds or financial loss to the country. talk.
His concerns come after the Accra High Court sentenced former MASLOC boss Sedina Christine Tamakloe Atinu and operations manager Daniel Axim to 10 years and five years in prison respectively. It is.
The two were found guilty by the Financial and Economic Division of the High Court, presided over by Court of Appeal Judge Afia Serwa Asare Botwe, on all 78 counts, including intentionally causing economic loss to the Republic. This was after receiving the verdict.
But Yamson said in an interview with Star News that a more pragmatic approach would be to ensure that company boards and the Ministry of Supervisors are held accountable.
“MASLOC has suffered from inadequate oversight responsibilities since its establishment, and several other agencies have also taken on that responsibility. There is a Ministry of Oversight, which reports to Parliament, and Parliament must also fulfill its responsibilities. It must be done.”
“Parliament and oversight ministries must be held accountable for failing to fulfill their responsibilities,” he added.
Additionally, anti-fraud expert Richard Kumadoye has called for the closure of the Microfinance and Small Loans Center (MASLOC). He claims the company has become a vehicle for political patronage. Kumaduye hopes to redirect MASLOC funding to other areas.
The Attorney General’s Office announced that the state will expedite steps toward the extradition of former MASLOC Director Sedina Christine Tamakloe Atinu, who is currently in the United States on conviction.
Deputy Attorney General Alfred Tua Yeboah said in an interview with Judicial Reporters that the country will move quickly to extradite Ms. Sedina Tamakloe, who is completing her sentence.
Again, anti-graft activist Vitus Azeem says the sentence against the former boss will not be a sufficient deterrent until all the misappropriated funds are recovered.
He believes this will not act as a deterrent until the allegedly misappropriated 93 million cedis is recovered.
Responding to the promise by National Democratic Congress flag bearer John Dramani Mahama to prosecute all persons found responsible for corruption and corruption-related activities, Azeem described the promise as political talk.