Ex-Goldman Banker Quits Ghana Refinery After SEC Bribe Claim (1)

April 16, 2020, 8:58 AM UTC

A former Goldman Sachs Group Inc. banker has stepped down as the head of Ghana’s state-owned oil refinery after U.S. regulators sued him for allegedly orchestrating bribes while he was an employee of the lender.

Asante Berko, 46, tendered his resignation to Ghanaian President Nana Akufo-Addo as the managing director of Tema Oil Refinery Ltd. Wednesday, the Presidency said in an emailed statement. Berko has served in the post since January.

The U.S. Securities and Exchange Commission said Monday that Berko arranged for an energy company to funnel at least $2.5 million through a Ghana-based intermediary to government officials while ...

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