Ex-banker convicted in US for bribing Ghanaian officials

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A U.S.-Ghanaian citizen, Asante Kwako Berko, was convicted on Thursday for bribing Ghanaian officials successful transportation with the improvement and financing of a powerfulness works successful Ghana.

A national jury, which reviewed tribunal documents and grounds presented astatine trial, recovered Berko blameworthy of conspiring to wage much than $1 cardinal successful bribes to aggregate individuals.

In December 2014, portion moving arsenic an Executive Director successful the Investment Banking Division astatine Goldman Sachs, Berko managed a woody betwixt Aksa Enerji and the Ghanaian government.

He was discovered to person connived with others to wage intermediaries successful the West African federation to guarantee that the Turkish vigor institution won its bid to physique and run the powerfulness plant.

In April 2015, the convict and accomplices talked astir paying $1 cardinal to the Minister of Power, who was liable for securing cardinal approvals enabling the task to progress.

Inducements were besides funneled to 5 Ghanaian officials—$5,000 each—during an all-expenses-paid travel to Turkey to presumption instrumentality for the powerfulness plant.

In July 2015, aft the Ghanaian parliament ratified the powerfulness presumption deal, 52-year-old Berko and co-conspirators exchanged emails astir their bribe payments.

Prosecutors described however the collaborators concealed and laundered the slush funds, utilizing sham invoices, ammunition companies, nominee relationship holders, and c...

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