EOCO Intensifies Probe, Traces Assets Linked to Asante Berko Bribery Case
The anti-graft agency says it is tracking funds, transactions and assets potentially connected to the bribery scheme following Berko’s conviction in the United States.
- EOCO traces funds linked to Berko case.
- Asset recovery efforts underway.
- Ghana investigation intensified.
The Economic and Organised Crime Office (EOCO) has begun tracing funds and assets that may be connected to the bribery case involving former Goldman Sachs banker and former Tema Oil Refinery (TOR) Managing Director, Asante Kwaku Berko.
The move follows Berko’s conviction in the United States over his alleged involvement in a scheme to bribe Ghanaian government officials in connection with the development and financing of a power plant.
In a statement issued on Monday, August 10, 2026, EOCO said asset tracing and recovery form a key part of its investigation into the Ghanaian aspects of the case.
The Office said it would examine financial transactions, beneficiaries, assets and proceeds that may have been derived from or linked to suspected criminal conduct, and pursue their preservation and recovery where supported by evidence and permitted by law.
“Asset tracing and recovery form an integral part of EOCO’s investigative plan in this matter,” the Office said.
EOCO disclosed that its investigation in Ghana began last year after receiving a request from US authorities for information on individuals in Ghana considered relevant to the bribery investigation.
The request included information on a former Minister of State and public servants, according to EOCO.
The Office said it has since worked with the Attorney-General and the Ministry of Justice on the Ghanaian aspects of the case while monitoring the proceedings in the United States.
Following Berko’s conviction, the Attorney-General engaged US authorities to obtain relevant evidence, records and information to support the ongoing Ghanaian investigation.
The Attorney-General has subsequently directed EOCO to intensify its investigations as further information is received through lawful international cooperation channels.
EOCO, however, cautioned that Berko’s conviction in the United States does not automatically establish criminal liability for any individual in Ghana.
It said anyone whose name appears in evidence obtained through international cooperation would be assessed independently based on the evidence relating to that person and in accordance with Ghanaian law.
The Office said it would continue to follow the financial trail but would not disclose sensitive operational details that could undermine ongoing investigations or potential prosecutions.
US prosecutors said Berko was convicted after evidence showed that he conspired to pay more than US$1 million in bribes to Ghanaian officials in connection with the development and financing of a power plant.
