The Economic and Organised Crime Office (EOCO) has disclosed that it has begun tracing assets and funds that may be linked to the bribery case involving former Goldman Sachs investment banker Asante Kwaku Berko.

The move forms part of investigations into the Ghanaian side of the case following Berko’s conviction in the United States.

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EOCO, in a statement dated Monday, August 10, 2026, said it would examine transactions, beneficiaries, assets and proceeds that may have been connected to suspected criminal conduct.

“Importantly, and consistent with its statutory mandate, asset tracing and recovery form an integral part of EOCO's investigative plan in this matter,” EOCO stated.

The anti-corruption agency said that where evidence shows that public resources were unlawfully acquired or dissipated, it would take steps allowed by law to preserve and recover them for the state.

EOCO added that its work would not only focus on determining whether an offence was committed but also on recovering any public resources that may have been lost.

“EOCO's mandate extends beyond establishing whether an offence has been committed. Where economic or organised crime results in the unlawful acquisition or dissipation of public resources, the recovery of such resources is an essential component of the investigative and enforcement process,” it said.

The office said it would therefore follow the financial trail connected to the case, including transactions, beneficiaries, assets and proceeds that fall within its jurisdiction.

“The Office therefore intends to follow the evidence and financial trail, including any relevant transactions, beneficiaries, assets and proceeds that may fall within its jurisdiction,” EOCO stated.

EOCO’s move follows the conviction of Berko by a federal jury in Brooklyn, New York, over his involvement in a bribery scheme linked to the development and financing of a power plant in Ghana.

EOCO said it received a request from its US counterparts last year for information on specific individuals in Ghana considered relevant to the investigation.

The request included information on a former Minister of State and public servants, after which EOCO said it began preliminary work with the Attorney-General and Ministry of Justice.

“Following receipt of the request, EOCO, in collaboration with the Attorney-General and Ministry of Justice, commenced preliminary work in relation to the Ghanaian aspects of the matter,” it said.

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Following Berko’s conviction, the Attorney-General and Minister for Justice directed EOCO to step up its investigation as relevant evidence and records are obtained from US authorities.

Additionally, EOCO said it has since intensified its investigation into the Ghanaian side of the case.



MAG/MA

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