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Ex-Goldman Banker Accused of Bribery in Ghana

Summary

  • Former Goldman banker faces trial for alleged bribery.
  • Bribes allegedly paid for lucrative power plant deal.
  • Officials in Ghana were reportedly paid by associates.
Ex-Goldman Banker Accused of Bribery in Ghana

A former Goldman Sachs Group Inc. banker, Asante Berko, 52, is currently on trial for allegedly paying government officials in Ghana substantial bribes. These payments were purportedly made to ensure a lucrative power plant deal for a client, a transaction that investigators claim was facilitated through illicit means. Berko and his associates are accused of providing these bribes to high-ranking officials.

The trial focuses on the alleged scheme to secure the power plant contract. The prosecution contends that a significant amount of money, described as a "holy rain," was dispensed to influence decision-makers within the Ghanaian government. This case highlights serious allegations of corruption within international business dealings.

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