Attorney-General charges Manhyia South MP over alleged GH¢9.85m financial loss

The Office of the Attorney-General has filed three criminal charges against Manhyia South MP Nana Agyei Baffour Awuah over alleged financial misconduct in his handling of a legal case involving SIC Life Savings & Loans Company Limited. The charges, filed at the High Court’s Specialised Jurisdiction Division in Accra on October 3, 2026, include conspiracy to commit a crime, intentionally causing financial loss to a public body and money laundering. According to the charge sheet, the State alleges that Mr Awuah, while acting as a lawyer for SIC Life, conspired with the company’s then Managing Director in 2024 to intentionally dissipate GH¢9.85 million belonging to the company.

The second count alleges that he intentionally caused SIC Life to suffer a financial loss of GH¢9.85 million in the course of a business transaction. The third count alleges that Mr Awuah transferred GH¢1 million to the then Managing Director of SIC Life, knowing that the money had been acquired through crime and with the purpose of assisting the recipient to evade the legal consequences of an offence. How the case arose The facts accompanying the charge sheet state that Mr Awuah is the Senior Partner of Sarkodie Baffour Awuah & Partners, which was engaged by SIC Life in May 2020 to recover a debt of GH¢6.3 million from Equity Savings and Loans Limited.

In July 2022, the High Court’s Commercial Division entered summary judgment in favour of SIC Life against Equity in the sum of GH¢10.86 million. A 31.93-acre parcel of land belonging to Equity at Adamorobe, Oyibi, was subsequently attached in December 2023 in execution of the judgment. The facts state that a revised judgment dated May 28, 2024, increased the judgment debt to GH¢14.85 million, including interest and costs.

The land had a reserve price of GH¢25 million. The State alleges that while the property was under attachment, Equity purportedly sold it to Eco Swiss Investment Limited on March 14, 2024, for GH¢21.76 million. Investigators, according to the charge sheet, found that Eco Swiss had not been incorporated at the time it purportedly acquired the property.

The State further alleges that Mr Awuah was instrumental in arranging the transaction. The settlement By July 2024, Eco Swi… The facts accompanying the charge sheet state that Mr Awuah is the Senior Partner of Sarkodie Baffour Awuah & Partners, which was engaged by SIC Life in May 2020 to recover a debt of GH¢6.3 million from Equity Savings and Loans Limited.

By July 2024, Eco Swiss had paid only GH¢5 million of t…