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Former Banker Convicted for Scheme to Bribe Ghanaian Officials
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Justice News
Today, a federal jury convicted a dual U.S.-Ghanaian citizen for his role in a scheme to bribe Ghanaian officials in connection with the development and financing of a multi-million-dollar power plant in Ghana.
He abused his position at a world-renowned American investment bank by helping bribe Ghanaian officials, so he and his co-conspirators, including senior executives at a Turkish company, could make money.
“The defendant abused his access to high-level foreign government officials and his platform as an investment banker at a prestigious American firm to greedily line his own pockets.”
Bribes were also paid to five Ghanaian officials during an all-expenses-paid trip to Turkey to view equipment for the power plant, during which the officials each received $5,000.
After the power plant deal was ratified by the Ghanaian parliament in July 2015, Berko and his co-conspirators emailed about their bribe payments at length.