Turkey: Turkish energy producer caught up in Ghana bribery claims

One of Turkey’s largest power producers is embroiled in allegations of corruption over a deal in Ghana brokered by a Goldman Sachs banker.

Aksa Energy, which is publicly listed on the Istanbul stock exchange, is the unnamed energy company that appears in a recent complaint filed by the US Securities and Exchange Commission, said two people familiar with the situation.

The company allegedly funnelled about $2.5m in bribes to Ghanaian officials before it was awarded the contract to build an electricity plant in the west African nation. It is also alleged that it paid $2m to Asante Berko, then an executive director in Goldman’s London office, for his alleged role in orchestrating the bribery scheme, which was thrashed out in 2015 and 2016.

The full original article can be found at ft.com

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