A former Goldman Sachs investment banker, Asante Kwaku Berko, a dual citizen of the United States and Ghana, has been convicted by a federal jury in Brooklyn. The conviction is on all counts of an indictment charging conspiracy to violate the Foreign Corrupt Practices Act (FCPA), violating the FCPA, and money laundering conspiracy.
According to the indictment, Berko was found guilty of paying bribes to Ghanaian government officials. The conviction was announced in Brooklyn, New York. The details of the case and the specific government officials involved have not been fully disclosed in the available information.
Berko’s conviction is a significant development in the case, which highlights the importance of compliance with anti-bribery laws and regulations. The Foreign Corrupt Practices Act is a US law that prohibits companies and individuals from paying bribes to foreign officials to secure business advantages.
The case against Berko was heard in a federal court in Brooklyn, and the jury delivered a guilty verdict on all counts. The conviction is a result of a thorough investigation and prosecution by US authorities. Further details about the case and the sentencing of Berko are expected to be announced in due course.
Article source: thechronicle.com.gh | Image credit: Bloomberg.com
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