Embattled TOR boss Asante Berko resigns over bribery allegations

Embattled TOR boss Asante Berko resigns over bribery allegations

The Managing Director of the Tema Oil Refinery Asante Berko has resigned over bribery allegations leveled against him.

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He tendered in his resignation to the President, Nana Akufo-Addo, on Wednesday, April 15.

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President Akufo-Addo has accepted his resignation.

The former banker at Goldman Sachs Group Inc has been accused of arranging at least $2.5 million in bribes meant to be paid to Ghana government officials and Members of Parliament in a bid to help a Turkish company secure a power purchase agreement deal in Ghana.

Mr. Berko is alleged to have funnelled the bribes through a Ghana-based intermediary for onward disbursement.

But in a statement, he released on Tuesday, April 13, Mr. Berko denied ever paying former Ghana government officials and MPs bribe for his client in a power project.

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Mr. Berko, in a statement, denied all the charges leveled against him.

“While it is true that the SEC has just this week issued such proceedings against me, the allegations that government officials and members of Parliament were bribed by me, are completely false. I am therefore compelled to set the record straight,” he said in a statement.

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Source: Yen

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