[ 2016-11-30 ]

Court of Appeal discharges and acquits Tsatsu
The Court of Appeal has discharged and acquitted
former boss of Ghana National Petroleum
Corporation (GNPC), Tsatsu Tsikata of willfully
causing financial loss to the state.

Kasapa FM’s Court Correspondent, Daakyehene
Ofosu Agyemang reported that the three member of
appeals court Justices, S.O Kanyoke, Kusi Appiah
and Sir Dennis Adjei said his conviction
constituted a miscarriage of justice.

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.

Tsatsu Tsikata challenged that a pardon is not the
same as discharged and acquitted.



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.

Source - Kasapafm

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