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Ex-Goldman Banker Extradited to US for Ghana Bribery Charges

Asante Berko faces multiple charges for allegedly orchestrating bribes to secure a power plant deal in Ghana.

NEW YORK, NEW YORK - AUGUST 25: The Goldman Sachs logo is seen at the New York Stock Exchange during morning trading on August 25, 2023 in New York City. Stocks opened up higher as Wall Street awaits a speech from Federal Reserve Chairman Jerome Powells at the Jackson Hole Economic Symposium.

Overview

  • Asante Berko, former Goldman Sachs executive, extradited from the UK to New York.
  • Berko is accused of bribing Ghanaian officials to secure a power plant deal for a Turkish energy company.
  • The scheme allegedly involved laundering bribe money through US financial institutions.
  • Berko faces up to 20 years in prison for money laundering and 5 years for each bribery charge if convicted.
  • Goldman Sachs was not implicated in the wrongdoing, but Berko allegedly hid the scheme from the bank's compliance department.