An Accra High Court has issued a warrant allowing the Economic and Organised Crime Office (EOCO) to arrest Nana Agyei Baffour Awuah, the Member of Parliament for Manhyia South. This development follows an application by EOCO, which stated that its officers had exhausted all reasonable means of securing the legislator's voluntary attendance. The court was informed that there was a risk of documents relevant to the investigation being concealed, altered or destroyed.
The warrant was issued after EOCO officers attempted to arrest Mr Baffour Awuah at the Accra High Court on September 23. According to EOCO, the attempted arrest was part of an ongoing investigation and followed two invitations issued to Mr Baffour Awuah in February 2026. However, Mr Baffour Awuah disputes this account, stating that the investigation concerns SIC Life Savings and Loans Company, a client of his former law firm, Sarkodie Baffour Awuah & Partners.
Mr Baffour Awuah claims that after referring EOCO's February invitation to the Clerk to Parliament, a representative of his former law firm appeared before investigators on March 4, March 18 and April 30, providing the requested information, including a written statement. The MP's account suggests that his firm was engaged by SIC Life Savings and Loans to recover about GH¢3.5 million invested with Equity Savings and Loans, which had risen to about GH¢14 million before a negotiated settlement was reached.
The matter has brought renewed attention to the financial dealings involving SIC Life Savings and Loans and Equity Savings and Loans. EOCO has not publicly disclosed the full details of its ongoing investigation, but the latest court order gives the Office judicial authority to proceed with the arrest and search and seizure sought in connection with the investigation.
The development has sparked significant interest, with some expressing concerns about the implications for the MP and the financial sector. According to reports, Mr Baffour Awuah has been a vocal advocate for his constituents and has been involved in various initiatives aimed at promoting economic development in his area.
The EOCO's efforts to investigate the financial dealings of SIC Life Savings and Loans and Equity Savings and Loans have raised questions about the regulatory framework governing the financial sector in Ghana. The case is expected to shed more light on the circumstances surrounding the financial transactions and the roles of the parties involved.
The court order has paved the way for EOCO to take further action, including the arrest of Mr Baffour Awuah and the search and seizure of relevant documents. The outcome of the investigation and any subsequent actions will be closely watched by stakeholders, including the public, the financial sector and the government.
Key points
- The Accra High Court has issued a warrant authorising EOCO to arrest Nana Agyei Baffour Awuah, the Member of Parliament for Manhyia South.
- The investigation concerns financial dealings involving SIC Life Savings and Loans Company and Equity Savings and Loans.
- The court order allows EOCO to proceed with the arrest and search and seizure sought in connection with the investigation.