The President of the Republic, Nana Addo Dankwa Akufo-Addo, has, on Wednesday, 15th April, 2020, received the resignation from office of Mr. Asante Berko as Managing Director of the Tema Oil Refinery (TOR).
This was after he submitted his resignation letter, dated 15th April, 2020 to the President.
"President Akufo-Addo has accepted Mr. Asante Berko's resignation, and duly notified the Board of Directors of TOR of this development. The President wished him well in his future endeavours," a statement signed by Director of Communications at the presidency, Eugene Arhin stated.
Asante Berko Charged With Violation of US anti-corruption Law
The Managing Director of the Tema Oil Refinery (TOR), Asante K. Berko has been charged under the United States Foreign Corrupt Practices Act (FCPA).
In a press release issued Monday April 13, 2020, the Securities and Exchange Commission (SEC) of the US charged Berko with orchestrating a bribery scheme to help a client win a contract to build and operate a power plant in Ghana.
The SEC’s complaint which has been filed in the US District Court for the Eastern District of New York, charges Berko with violating the anti-bribery provisions of the FCPA and federal securities laws. The SEC is seeking monetary penalties against Berko among other remedies.
The SEC alleges that 46-year-old Berko, a dual US and Ghana citizen who is a former executive of Goldman Sachs in London, a subsidiary of Goldman Sachs Group Inc. of the US, helped his firm’s client, a Turkish energy company, to funnel at least $2.5 million to a Ghana-based intermediary to pay illicit bribes to Ghanaian government officials in order to gain their approval of an electrical power plant project.
The SEC in its complaint, further alleges that Berko helped the intermediary pay more than $200,000 in bribes to various other government officials, and Berko personally paid more than $60,000 to members of the Ghanaian parliament and other government officials.
The SEC indicates that, Berko took deliberate measures to prevent his employer from detecting his bribery scheme, including misleading his employer’s compliance personnel about the true role and purpose of the intermediary company.
Berko who is currently living in Ghana was appointed the MD of the country’s only refinery at Tema in January 2020 following the resignation of its former MD, Mr. Isaac Osei.
Read below the statement from the Presidency
Source: Peacefmonline.com
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WHERE IS ANNAS THE CRIME INVESTIGATOR?PLEASE COME OUT FROM YOUR HIDEOUT BECAUSE THESE PEOPLE ARE THOSE YOU NEEDED TO FISH THEM OUT BEFORE TIME.THIS SHOWS THE MAGNITUDE OF MENTALITY OF GHANAIANS WHEN THEY ENTER INTO POLITICS AND POSITIONS.A YOUNG MAN OF 46 YEARS, LOOK AT HOW GOD HAS EXPOSED YOU TO THE WORLD-CRIME AGAINST YOUR OWN COUNTRY -----------OH OH OH MR.BERKO SALUTE
...let him go deal with the issue with the US and thereafter, when his guilt is proven oe otherwise and corona has settled, then we can also deal with him here in Ghana.
Greedy young man... did you see your end? Go and hide your face in the smelly korley lagoon. You are an NDC mole. I wonder how he got this position. Our president must open his eyes and fish out all the NDc moles.
So who at all are these Government official 1 and Government official 2 at all? Hmm,time will tell
THE EVIL THAT MEN DO, LIVES AFTER THEM
This guy needed to go and Nana Addo pushed him quickly. Well done. The guy will hired by NDC when they come to power in 20 years time.….haha
Oh our country Ghana. What at all happens between 2015 and 2016. I now understand why emergency power plant turned to be many years and several IPPs. All because of bribes to goverment officials to the detrment of Ghanaians.. Trump said we steal from our own country and invest in the west. Putin said Africa is a cemetry and l agree with him. All because of create loot and share. I was expecting the neww JJ to come out and comment like he did when goverment announced 50% absolution of the electricity tariffs. Is it not funny no babies with sharp teeth is commenting on this?