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Former TOR MD and Goldman Sachs banker convicted over Ghana energy bribes

Unverified — auto-generated summary, not yet reviewedEnergy & CleantechAug 8, 2026

A former Tema Oil Refinery managing director and Goldman Sachs investment banker has been convicted in the US on foreign bribery and money laundering charges related to a Ghana power plant deal. Court records detail how Asante Kwaku Berko allegedly paid over $1 million in bribes to a former Ghanaian minister, members of parliament, and other government officials to secure a contract for a Turkish client. The convictions signal active FCPA enforcement risk for investors operating in Ghana's energy sector procurement environment.

2 sources

How Asante Kwaku Berko allegedly paid over $1 million in bribes to former minister, MPs, and gov’t officials to secure deal for Turkish client · myjoyonline.com · T3
Former TOR MD and Goldman Sachs investment banker convicted of foreign bribery, money laundering · myjoyonline.com · T3

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Aug 8, 2026This story
Ghana Energy Bribery Conviction
A former Tema Oil Refinery managing director and Goldman Sachs investment banker has been convicted in the US on foreign bribery and money laundering charges related to a Ghana power plant deal. Court records detail how Asante Kwaku Berko allegedly paid over $1 million in bribes to a former Ghanaian minister, members of parliament, and other government officials to secure a contract for a Turkish client. The convictions signal active FCPA enforcement risk for investors operating in Ghana's energy sector procurement environment.