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July 4, 2020

Former US banker charged for ‘arranging’ $2.5m in bribes for government officials, MPs in power deal

The U.S. Securities and Exchange Commission has charged a former banker at Goldman Sachs Group Inc, for “orchestrating a bribery scheme” and arranging at least $2.5 million in bribes to be paid to Ghana government officials and also bribing Members of Parliament.

The payment was allegedly made to gain approval for a client’s power plant project from “2015 through at least 2016,” according to…

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