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    Ghana is the best destination for investment in West Africa – Bawumia

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    Modify old trade conventions to favor local printing firms – AGI tells govt

    Ken Ofori-Atta, Ministry of Finance for Ghana, gives an interview during day 3 of the AfDB Annual Meetings on 13 June 2019 in Malabo, Equatorial Guinea. (Photo by Malick Silue)

    Ghana sends debt restructuring proposal to official creditors

    IMF mission staff arrive in Ghana today to assess implementation of economic recovery programme

    WTO Chief urges African governments to increase trade, agric investment

    Publish gold-for-oil policy document to improve transparency – Dr. Manteaw

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    Ghana is the best destination for investment in West Africa – Bawumia

    African leaders urged to push for electronic cars over combustible automobiles 

    Modify old trade conventions to favor local printing firms – AGI tells govt

    Publish gold-for-oil policy document to improve transparency – Dr. Manteaw

    Re-consider computation of VAT for local industries- AGI tells govt

    IMF proposes acquisition, mergers of banks to mitigate financial sector instability

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

    Mobile money disrupted banking in Ghana – Zeepay CEO

    Ghana’s oil reserve recording steady growth – GNPC CEO

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    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

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    Ghana gets $300 million from US to build first-of-its-kind data center

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    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

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I never bribed gov’t officials, MPs in power deal – Asante Berko insists

April 14, 2020
in Local Economy, Top Stories
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A former banker at Goldman Sachs Group Inc, Asante Berko, has denied arranging at least $2.5 million in bribes meant to be paid to Ghana government officials and Members of Parliament in a bid to help a Turkish company secure a power purchase agreement deal in Ghana.

Asante Berko, who is currently the Managing Director of the Tema Oil Refinery, TOR, has been charged by the U.S Securities and Exchange Commission for allegedly making payments to gain approval for a client’s power plant project from “2015 through at least 2016,” according to court documents from New York.

Mr. Berko is alleged to have funneled the bribes through a Ghana-based intermediary for onward disbursement.

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False claims

But the former banker in a statement clarified that although the US SEC had initiated proceedings against him, allegations that he bribed government officials and MPs are completely false.

“While it is true that the SEC has just this week issued such proceedings against me, the allegations that government officials and Members of Parliament were bribed by me are completely false.”

“I state categorically that I have not paid any bribes to government officials, Members of Parliament nor any officials of Parliament. I have had no contact with Members of Parliament nor officials of Parliament, regarding the approval of this transaction,” he said in the statement.

Click here for the full statement from Asante Berko:

 

Source: citinewsroom.com
Tags: Goldman Sachs Group IncTema Oil RefineryU.S Securities and Exchange Commission
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