TOR boss Asante Berko resigns over bribery scandal

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

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

President Akufo-Addo has also accepted his resignation through a release signed by the Director of Communications at the Presidency, Eugene Arhin

The MD has been cited in  a civil suit by the Securities and Exchange Commission in the US for the alleged bribes.

The US SEC claims in its lawsuit filed on Monday that, Asante Berko, a former executive at the Goldman’s London subsidiary, facilitated up to $4.5million to help a Turkish company to win a contract for a power plant.

The said contract was approved in 2015, during Ghana’s chronic power crisis.

Responding to the allegations On Tuesday which received vast media coverage, Mr. Berko, said in a release that the SEC’s claims are “false.”

He denied claims by US regulators that while serving as an official of Goldman Sachs, he arranged a $4.5 million for a Turkish company to bribe Ghanaian government officials.

“I state categorically that I have not paid any bribes to government officials, Members of Parliament nor any officials of Parliament,” maintained.

Rather he said he only got $2million as arrangee fee.