Former GNPC Chief Executive Tsatsu Tsikata has been cleared of charges of causing financial loss to the state by a Court of Appeal.
The court in a ruling Wednesday said the incarceration of the legal practitioner by an Accra Fast Track High court for causing financial loss to the state in 2008 was a miscarriage of justice.
The Fast Track High court found him guilty for causing a financial loss of GHC230,000 to the state.
Despite receiving a presidential pardon in the nick of the 2008 elections, Tsikata has continued to fight for his innocence in the matter.
Background
Tsatsu Tsikata was sentenced to five years’ imprisonment on June 18, 2008 by the Accra Fast Track High Court for causing financial loss to the state through a loan that the GNPC guaranteed for Valley Farms, a private cocoa-growing company.
He was found guilty on three counts of wilfully causing financial loss of GH¢230,000 to the state and another count of misapplying public property.
His trial started in 2002 and travelled back and forth the court ladder until his sentence, which generated a lot of controversy.
Valley Farms contracted the loan from Caisse Francaise de Development in 1991 but defaulted in the payment and the GNPC, which acted as the guarantor, was compelled to pay it in 1996.
Mr Tsatsu Tsikata was unconditionally pardoned by former President J.A. Kufuor on his last day in office but he rejected the pardon and insisted that he would continue to pursue justice in the court of law.
Source: Daily Guide
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So who defended the State in this case? The AG (who happens to be an appointee of the President)?...lol. I wonder the type of "defense" she put up... Comical country
This is a plan to make people forget about mahama bribe scandal against Akufo Addo.this it's not what is needed ask mahama why he paid bribe just top spoil Akufo Addo
Of course, this was looong expected. Under JDM even Ataa Ayi can be acquitted! 6 days left...
Thank God you did not die in Jail. It is not your fault. It is just that you are good at what you do and your expertise and achievement cast slurs on your enemies so they want to hurt you
A ***barred word*** IS ALWAYS A ***barred word***. HE WAS JAILED BY THE LAW COURT OF THE LAND
Massa; whether you like it or not this is another planned judgement debt initiative by Tsatsu Tsikata just like the Woyome planned $35 million planned contract with the NDC ; these ewe/ayigbe people plan to still from Ghanaians ; it is unlikely the current will file a case to challenge this verdict unless Nana Addo comes top power.
You will be LOCKED UP again you mark it on your body MR. Tsatsu. 2017 will be mark as a year of jailing all corrupt people under Kuffour,Atta Mills and Mahama government. That will be the work of the special Prosecutor. I believe in Amidu and i know he will do that job to the satisfaction of Nana Addo Danquah Akuffo and Bawumia'S leadership. We will go for a review under a New government.
TO ME THIS IS NOT NEWS,EVEN WOYOME IS CAPABLE OF WINNING AGAINST THE STATE ATTORNEYS HOW MUCH MORE NDC LAWYER WHO DEFEND THEM AT THE ELECTION PETITION IN 2012,ALL THE CURRENT APPOINTEES ARE INCOMPETENT AS THEIR LEADER
GOD WIN. TOASO OOOOOOOO TOASO
This judgment was expected. How could one guarantee a loan to someone he does not know. He must return to jail.