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Thursday, 15 October 2026
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Thursday, 15 October 2026
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Ghanaian press · Organization

SIC Life Insurance Limited

Also known as: SIC Savings and Loans Company Limited

Insurance company offering life insurance and bancassurance products in Ghana, currently under EOCO investigation into alleged financial losses and criminal conspiracy.

2026-07-222026-10-15

In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. The Ghanaian Times

    … nomic and Organised Crime Office (EOCO) has granted the Member of Parliament for Suame, John Darko, enquiry bail following investigations into an alleged criminal conspiracy that has resulted in an estimated financial loss of GH¢27 million to SIC Savings and Loans Company Limited …

    EOCO grants Suame MP John Darko enquiry bail in GH¢27m SIC Savings and Loans investigation
  3. Joy Online

    Suame Member of Parliament John Darko has denied any involvement in a post-judgment settlement between SIC Savings and Loans Company Limited and Equity Savings and Loans Limited that allegedly resulted in financial losses to SIC. …

    John Darko denies role in SIC settlement after EOCO interrogation
  4. The Chronicle

    … Crime Office (EOCO) has granted the Member of Parliament for Suame, John Darko, enquiry bail after he appeared before investigators in connection with an alleged criminal conspiracy involving a financial loss of approximately GH¢27 million to SIC Savings and Loans Company Limited …

    EOCO GRANTS SUAME MP BAIL OVER GH¢27M SIC FINANCIAL LOSS
  5. Joy Online

    The Economic and Organised Crime Office (EOCO) has granted Suame Member of Parliament John Darko enquiry bail after he reported to investigators to assist with an ongoing investigation into an alleged criminal conspiracy involving SIC Savings and Loans Company Limited. …

    EOCO grants Suame MP John Darko enquiry bail in GH¢27m SIC investigation
  6. The Ghanaian Times

    The National Investment Bank (NIB) PLC and SIC Life Insurance Limited have collaborated to launch a Bancassurance product aimed at deepening insurance penetration and coverage in the country. …

    NIB, SIC Life launch Bancassurance product to deepen insurance penetration
  7. Joy Online

    … He denied charges of conspiracy to commit a crime and dissipation of public funds, intentionally causing financial loss to the state and money laundering, including an allegation that he facilitated the transfer of GH¢1 million to the then Managing Director of SIC Life in 2024.

    Baffour Awuah thanks Bawumia, NPP supporters after GH¢10m bail
  8. Joy Online

    … He has also denied a money laundering allegation relating to an alleged GH¢1 million transfer to the then Managing Director of SIC Life in 2024. …

    ‘Justice has prevailed’ – Atta Akyea reacts to Baffour Awuah’s GH¢10m bail
  9. Joy Online

    … He also denied a money laundering charge relating to an alleged GH¢1 million transfer to the then Managing Director of SIC Life in 2024. …

    Manhyia South MP Baffour Awuah pleads not guilty to EOCO charges, granted GH¢10m bail
  10. Joy Online

    International corporate lawyer and entrepreneur Victoria Bright has cautioned against automatically treating the controversial SIC Life settlement at the centre of the Economic and Organised Crime Office’s (EOCO) investigation into Manhyia South MP Nana Agyei Baffour Awuah as a c …

    ‘Criminal law can’t turn every poor commercial judgment involving state entity into an offence’ – Victoria Bright
  11. July 2026
  12. The Ghanaian Times

    SIC Life Insurance Limited has opened a new office in Goaso, in the Ahafo Region, to improve access to life insurance services and deepen insurance coverage across the country. …

    SIC Life opens new office in Goaso

Yesterday

  1. EOCO grants MP John Darko bail in GH¢27m SIC Savings investigation

    The Economic and Organised Crime Office has granted enquiry bail to Suame MP John Darko in an investigation into alleged criminal conspiracy resulting in an estimated GH¢27 million loss to SIC Savings and Loans Company Limited. EOCO said Darko was cooperative during questioning and investigations remain ongoing, with no conclusions yet reached on responsibility.

    17 hours ago · The Ghanaian Times →

  2. John Darko denies involvement in SIC-Equity settlement

    Suame MP John Darko has denied any involvement in a post-judgment settlement between SIC Savings and Loans and Equity Savings and Loans that allegedly resulted in financial losses to SIC, following questioning by the Economic and Organised Crime Office (EOCO). His lawyers stated his role was limited to legal counsel for Equity's litigation with SIC and recovery of part of the judgment awards, with no involvement in the subsequent settlement or Equity's disposal of judicially attached land.

    22 hours ago · Joy Online →

  3. EOCO grants Suame MP bail in alleged SIC conspiracy

    The Economic and Organised Crime Office has granted enquiry bail to Suame MP John Darko after he appeared for questioning over an alleged criminal conspiracy involving an estimated GH¢27 million financial loss to SIC Savings and Loans Company Limited. EOCO stated that Darko cooperated fully with investigators but did not disclose specific allegations or the conditions of his bail.

    22 hours ago · The Chronicle →

Tuesday 13 October

  1. EOCO grants Suame MP Darko enquiry bail in SIC investigation

    The Economic and Organised Crime Office has granted Suame MP John Darko enquiry bail after he reported to assist with an investigation into alleged criminal conspiracy involving SIC Savings and Loans Company Limited. Darko, who is Legal Counsel to the Minority Caucus, previously said he would cooperate if invited to assist with the inquiry.

    13 October 2026 · Joy Online →

Monday 5 October

  1. NIB and SIC Life launch joint bancassurance product

    The National Investment Bank (NIB) PLC and SIC Life Insurance Limited have launched a Bancassurance product called "One Partnership. Total Protection" to deepen insurance penetration and financial inclusion in Ghana, offering four insurance plans including Guaranteed Endowment Plan, Ultimate Family Security Plan, Education Fund Plus and Final Journey Plus.

    5 October 2026 · The Ghanaian Times →

Saturday 3 October

  1. Manhyia South MP granted GH¢10m bail on three charges

    Nana Agyei Baffour Awuah, Manhyia South MP, has been granted GH¢10 million bail with two sureties after pleading not guilty to charges of conspiracy to commit a crime, dissipation of public funds, intentionally causing financial loss to the state, and money laundering, including an allegation that he facilitated the transfer of GH¢1 million to the then Managing Director of SIC Life in 2024.

    3 October 2026 · Joy Online →

  2. MP Baffour Awuah granted GH¢10m bail on EOCO charges

    Manhyia South MP Nana Agyei Baffour Awuah was granted GH¢10 million bail with two sureties after pleading not guilty to three charges brought by the Economic and Organised Crime Office. His lawyer Samuel Atta Akyea said justice had prevailed and expressed confidence in contesting the prosecution's case in court.

    3 October 2026 · Joy Online →

  3. Manhyia South MP Baffour Awuah pleads not guilty, granted GH¢10m bail

    Nana Agyei Baffour Awuah, Manhyia South MP, has pleaded not guilty to three charges brought by EOCO including conspiracy, dissipation of public funds, financial loss to the state, and money laundering relating to an alleged GH¢1 million transfer to SIC Life's Managing Director in 2024, and was granted GH¢10 million bail with two sureties.

    3 October 2026 · Joy Online →

  4. Poor commercial judgment alone cannot be criminal, lawyer argues

    International corporate lawyer Victoria Bright has cautioned against treating the controversial SIC Life settlement at the centre of EOCO's investigation into Manhyia South MP Nana Agyei Baffour Awuah as automatically criminal, arguing that unwise commercial decisions involving state entities do not necessarily constitute criminal conduct without evidence of improper authorisation or misconduct.

    3 October 2026 · Joy Online →

Wednesday 22 July

  1. SIC Life Insurance opens new branch in Goaso, Ahafo

    SIC Life Insurance Limited has opened a new office in Goaso as part of its nationwide expansion to bring life insurance services closer to individuals, families and businesses in regional centres.

    22 July 2026 · The Ghanaian Times →

SIC Life Insurance Limited — Ghanaian press coverage · Ghana Minute