Audio By Carbonatix
The Supreme Court will give judgement today in the case in which Tsatsu Tsikata is praying it to quash the five-year sentence imposed on him for causing financial loss to the state.
Tsikata, a former Chief Executive of the Ghana National Petroleum Corporation (GNPC), was found guilty on June 18,2008 on three counts of wilfully causing financial loss of GH¢230,000 to the state and another count of misapplying public property and sentenced to five years imprisonment on each count; to run concurrently.
He was charged in 2002 with three counts of wilfully causing financial loss of GH¢230,000 to the state through a loan he guaranteed for Valley Farms, a private cocoa producing company, on behalf of the GNPC and another count of misapplying GH¢2,000 of public property.
Valley Farms contracted the loan from Caisse Francaise de Developement in 1991 but defaulted in the payment and the GNPC, which acted as the guarantor, was compelled to pay it in 1996.
He, however, denied any wrong doing.
Following his conviction by the Fast Track High Court, he filed an application at the Supreme Court praying the highest court of the land to quash the lower court's judgement on the grounds that the trial judge had been biased.
According to Tsikata, the action of the trial judge at the Fast Track High Court had the potential of undermining the authority of the Supreme Court.
He said he filed the motion to enable the court to ensure that the administration of justice was not brought into disrepute by what he termed as "the desecration of justice that occurred on June 18, 2008, the date of his incarceration.
The Supreme Court, on July 31, 2008, fixed today, October 16, 2008 for the ruling, after Tsikata and the Attorney-General and Minister of Justice, Mr Joe Ghartey, had argued on the matter.
Tsikata described the attempt by the Attorney-General to support the trial judge's action as untenable, since she had said that she was adjourning her judgement until the Supreme Court determined his fate in respect of the International Finance Corporation (lFC) testifying for him.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Togo introduces fixed penalties for traffic offences
10 minutes -
Amusan, Samukonga confirmed for Accra 2026
11 minutes -
NADMO supports tidal waves victims in Anlo District
12 minutes -
Vice President joins Effutu people to celebrate Aboakyer 2026
34 minutes -
Tera Carissa Hodges joins global creatives to discuss cultural sovereignty at AfroCannes 2026
55 minutes -
TCDA CEO leads charge to scale up cashew apple value addition opportunities
1 hour -
MGL’s May Day Egg market ends in resounding success as crowds turn out for affordable eggs
2 hours -
Energy expert advocates increased private-sector role in power distribution to tackle dumsor
2 hours -
Tony Asare Writes: A clotted artery, by-passes and detours
2 hours -
No road project cancelled under Mahama’s reset agenda — Roads Minister
2 hours -
Mahama praises IGP Yohunu, hails intelligence-led policing at Krobo-Odumase commissioning
2 hours -
“Energy situation is stable” – John Jinapor assures Ghanaians
2 hours -
Ghana Tuna Association reaffirms sustainability commitment on World Tuna Day
2 hours -
Mahama commissions Odumase Krobo Divisional Police HQ, boosts operations with vehicles
3 hours -
Roads Minister urges contractors to stay on site, assures prioritised payments
3 hours