Educated thief is worse than robber with AK47 - Judge says before jailing ex-MASLOC bosses

"When you have an educated thief, that thief is capable of causing far more havoc than someone with an AK47 is capable of doing,"she asserted, highlighting the insidious nature of white-collar crime.

The duo was found guilty on all 78 counts, including conspiracy to steal, stealing, causing financial loss to the state, improper payment of public funds, money laundering, and contravention of the Public Procurement Act.

She highlighted that despite her extensive years of practice, she had never encountered an armed robber who absconded with sums as substantial as those pilfered by educated individuals in positions of power.

"When you have to buy something and you overprice it to the extent of doubling or tripling the price, those of you in power, please have mercy on us,"she pleaded, drawing attention to the detrimental impact of corruption on the public purse.

"In all my years, I’ve never heard about an armed robber who entered someone’s premises and took one million or even GHc500,000." Justice Asare-Botwe further underscored her concerns regarding the rampant inflation of prices by public officers in their procurement practices, which ultimately results in substantial financial losses to the state and its citizens..

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