Also known as: TOR
Tema Oil Refinery — Ghana's state refinery referenced in bribery scandal coverage involving former Managing Director Asante Kwaku Berko.
Verbatim sentences from the source article.
Business & Financial Times
… Strategic restructuring and public listing of key SOEs, including Ghana Gas, Tema Oil Refinery, Ghana Airports Company, and Ghana Ports and Harbours Authority, could unlock substantial long-term capital while strengthening national economic infrastructure,” Mr. …
3 IPOs in 6 months add GH¢11bn to GSE market capJoy Online
The Executive Director of the Centre for Environmental Management and Sustainable Energy, Benjamin Nsiah, is calling for a review of Ghana’s Petroleum Act to guarantee a more consistent allocation of locally produced crude oil to the Tema Oil Refinery (TOR). …
Review Petroleum Act to secure crude supply for TOR – expert urgesJoy Online
Tema Oil Refinery (TOR) is increasingly turning to crude oil from West Africa as part of efforts to restore stable operations and support a long-term recovery plan, its managing director has said. …
TOR turns to West African crude as revamp efforts deepenBusiness & Financial Times
… Perhaps, the totality of the gains from all our sun-regional projects such as the efficient performance of the Tema Oil Refinery (TOR), the coming on board of the full scale Petroleum Hub project and the Dangote Refinery, will strategically help Africa win and hence, scale its se …
Law & Leadership Colloquium with Pastor Tommy: Petroleum Hub’s $60bn Project: Promises, prospects and need for partnershipsJoy Online
… He confirmed to the gathering that the Tema Oil Refinery (TOR) has resumed operations, while key financial institutions, including the Agricultural Development Bank (ADB) and the National Investment Bank (NIB), have been successfully recapitalised. …
Gov’t considers absorbing Western Rail Line reconstruction under Big Push ProgrammeJoy Online
… He cited the Tema Oil Refinery (TOR) as one of the success stories, noting that the facility is now back in operation after a prolonged period of inactivity. …
Gov’t has revived collapsing SOEs – Mahama cites TOR, ADB, NIBJoy Online
… According to him, the Tema Oil Refinery has resumed operations, while the Agricultural Development Bank and the National Investment Bank have been recapitalised to improve their performance. …
Don’t sit aloof when SOEs are mismanaged -Mahama urges TUCJoy Online
… His career, stretching from the Tema Oil Refinery to Oman Refineries and Petrochemicals Company and finally to Genser, reads like a masterclass in Ghanaian engineering excellence. …
From Tema to Chirano, via Oman: A quiet architect of Ghana’s power generation retiresJoy Online
… offer the government an alternative route to fund infrastructure without adding to debt burdens. “Through instruments such as Sukuk (Islamic bonds), Ghana can fund significant infrastructure projects like road construction, railway expansion, the revival of the Tema Oil Refinery …
Ghana moves toward interest-free banking as local lenders seek licencesBulk Import, Distribution and Export Companies are lobbying the National Petroleum Authority to approve privately owned petroleum storage depots in regional capitals across Ghana. Critics worry the expansion could underutilize BOST Energies' public infrastructure and complicate national energy security coordination.
18 August 2026 · Joy Online →
Bulk Import, Distribution and Export Companies are lobbying the National Petroleum Authority to approve privately owned petroleum storage depots in regional capitals across Ghana. Critics worry the expansion could underutilize BOST Energies' public infrastructure and complicate national energy security coordination.
18 August 2026 · Joy Online →
Manhyia South MP Nana Agyei Baffour Awuah has called for an independent public inquiry into the Aksa bribery scandal, arguing that authorities should address systemic failures in Ghana's procurement and anti-corruption systems rather than focus solely on prosecuting individuals. He cited the case as part of a pattern of foreign companies bribing public officials in Ghana, referencing previous scandals including Mabey and Johnson and Airbus.
17 August 2026 · Joy Online →
Deputy Attorney General Dr Justice Srem-Sai explained that EOCO, rather than the Office of the Special Prosecutor, is leading Ghana's local investigation into the AKSA bribery scandal because the case involves money laundering and other offences that fall within EOCO's mandate rather than OSP's. He dismissed suggestions the decision was meant to avoid OSP scrutiny, stating that investigative bodies have different legal mandates and may collaborate as needed.
17 August 2026 · Joy Online →
Deputy Attorney General Dr Justice Srem-Sai has assured the public that President Mahama will not shield anyone implicated in the AKSA bribery scandal or conceal evidence. The assurance follows the US conviction of former Goldman Sachs banker and TOR Managing Director Kwaku Asante Berko in connection with a bribery scheme involving payments of more than US$1 million to Ghanaian government officials for a power plant project approval.
17 August 2026 · Joy Online →
The Institute for Energy Security is calling on government to enforce Ghana's Domestic Market Obligation regulations, arguing that TOR's return to operations has removed the main practical obstacle to implementation. The legal framework already exists under Regulation 32 of the Petroleum (Exploration and Production) (General) Regulations, 2018, and requires consistent administrative enforcement.
17 August 2026 · Joy Online →
Majority Chief Whip Rockson-Nelson Dafeamekpor has defended Attorney-General Dr Dominic Ayine's handling of an alleged bribery scandal surrounding the Aksa power deal, contending that previous administrations failed to act on the matter and arguing the current investigation should proceed without partisan distractions.
15 August 2026 · Joy Online →
Joy Online reports that Prime Insight, a current affairs programme, will on Saturday, August 15, examine two legal and governance issues: the controversy over whether trials can proceed during the legal vacation, and the conviction of former Goldman Sachs banker Asante Kwaku Berko in the United States. The two-hour programme will bring together political and legal voices to discuss their implications for Ghana's justice system and anti-corruption efforts.
14 August 2026 · Joy Online →
Businessman Dr Kofi Amoah has challenged President Mahama to use the US conviction of former TOR Managing Director Asante Kwaku Berko for bribery and money-laundering linked to a Ghanaian power project as an opportunity to pursue those allegedly involved on Ghana's side, urging the Attorney-General to follow the case and hold officials accountable.
14 August 2026 · Joy Online →
The Manhyia South MP has called for a thorough investigation into the alleged involvement of a President Mahama relative in the AKSA Energy power project, seeking to establish the person's identity, relationship to Mahama, and role in the transaction approval.
13 August 2026 · Joy Online →
Manhyia South MP Nana Agyei Baffour Awuah has accused Attorney General Dr Dominic Ayine of creating a "separate justice system" for NDC members and associates, citing decisions to discontinue prosecutions involving individuals linked to the former NDC government. Awuah questioned the Attorney General's justification for dropping cases based on their length in court, arguing this does not constitute sufficient grounds for discontinuing a prosecution.
13 August 2026 · Joy Online →
The opposition NPP said it lacks confidence in Attorney General Dr Dominic Ayine's ability to independently investigate alleged bribery in the AKSA Energy power project, citing cases where he has discontinued prosecutions involving persons linked to previous and current administrations.
13 August 2026 · Joy Online →
An NPP Gender Committee spokesperson has called on the Economic and Organised Crime Office to conduct a thorough investigation into the Ghanaian aspect of former Tema Oil Refinery Managing Director Asante Kwaku Berko's US bribery conviction and make public the identities of all persons involved in the alleged scheme.
11 August 2026 · Joy Online →
The NPP is calling on Ghanaian authorities to act immediately against individuals allegedly linked to former Goldman Sachs executive and TOR Managing Director Asante Kwaku Berko's bribery conviction in a US federal court, arguing that authorities should use evidence from the US proceedings rather than conduct a new investigation, and that delays could undermine public confidence in the anti-corruption fight.
11 August 2026 · Joy Online →
Former Power Minister Dr Kwabena Donkor's lawyer K.T. Hammond says he is unsure whether his client has been contacted by Ghana's Office of the Special Prosecutor or US authorities following Asante Kwaku Berko's conviction on charges related to over US$1 million in bribes paid to Ghanaian officials in connection with an Aksa Energy power plant development.
10 August 2026 · Joy Online →
K.T. Hammond, lawyer for former Power Minister Dr Kwabena Donkor, defended a Ghanaian technical team's trip to Istanbul to inspect equipment for the Aksa Energy power deal as standard technical due diligence required before major power-generation equipment is shipped to Ghana. The comments come amid renewed scrutiny following the U.S. conviction of former Tema Oil Refinery Managing Director Asante Kwaku Berko for his role in a bribery scheme involving Ghanaian officials and the power plant deal.
10 August 2026 · Joy Online →
Dr Kwabena Donkor has denied ever meeting convicted former Goldman Sachs banker Asante Berko or demanding or receiving money connected to the controversial Aksa Energy power deal. Berko was convicted in August 2026 of conspiracy to violate the Foreign Corrupt Practices Act and paying over US$1 million in bribes to multiple Ghanaian officials between 2014 and 2015.
10 August 2026 · Joy Online →
K.T. Hammond, lawyer for former Power Minister Kwabena Donkor, says he has not been instructed on whether the Office of the Special Prosecutor has contacted his client regarding Aksa Energy bribery allegations. Hammond stated that Donkor accepts having played an oversight role in the transaction but denies any improper conduct and categorically denies meeting or negotiating with former Tema Oil Refinery Managing Director Asante Berko.
10 August 2026 · Joy Online →
K.T. Hammond, lawyer for former Power Minister Kwabena Donkor, has argued that his client cannot be held liable for corruption allegations involving former TOR boss Asante Berko, who was accused by US authorities of facilitating millions of dollars in bribes to influence Ghanaian officials in connection with a power project.
10 August 2026 · Joy Online →
Local refineries operating at full capacity could meet about 60 per cent of Ghana's current daily petroleum demand, leaving the country dependent on imports for the remainder and exposed to international fuel price fluctuations, according to Benjamin Nsiah, Executive Director of the Centre for Environmental Management and Sustainable Energy.
10 August 2026 · Joy Online →
Private legal practitioner Martin Kpebu says emails and identification of money recipients are key evidence for establishing whether Ghanaian public officials participated in the AKSA Energy bribery scheme. He noted that testimony from convicted former Tema Oil Refinery Managing Director Asante Kwaku Berko identifying individuals who received alleged payments would be the strongest proof for prosecution.
10 August 2026 · Joy Online →
The Economic and Organised Crime Office (EOCO) has intensified its investigation into the Ghanaian dimension of a bribery case involving former Goldman Sachs banker and former Tema Oil Refinery Managing Director Asante Kwaku Berko, following his conviction by a United States court. The Attorney-General has directed EOCO to escalate the probe using evidence and records obtained through lawful international cooperation with U.S. authorities.
10 August 2026 · The Chronicle →
A CDD-Ghana fellow says Ghanaian law enforcement agencies possess information that could support domestic investigations into AKSA Energy-related bribery allegations linked to a power plant deal, following collaboration with US authorities that contributed to a conviction.
10 August 2026 · Joy Online →
A Democracy and Development Fellow at Ghana's Centre for Democratic Development argues that Ghana must conduct its own investigations into the AKSA Energy deal despite US authorities already taking action, citing concerns about the integrity of public office and Ghana's public procurement processes.
10 August 2026 · Joy Online →
A federal jury in Brooklyn has convicted Asante Kwaku Berko, former Tema Oil Refinery Managing Director, on August 6, 2026, for conspiring to pay bribes totalling more than $1 million to Ghanaian officials between 2014 and 2015 linked to a power plant development agreement. Berko faces a maximum 30-year sentence, with sentencing scheduled for November 10, 2026.
10 August 2026 · The Ghanaian Times →
Former Attorney General Ayikoi Otoo says public officials who received bribes in the AKSA Energy deal could still face prosecution despite alleged offences occurring more than a decade ago, and that courts could order confiscation of related assets and recovery of state losses if wrongdoing is established.
10 August 2026 · Joy Online →
The Economic and Organised Crime Office has cautioned that Asante Kwaku Berko's conviction in the United States does not automatically establish criminal liability against individuals in Ghana, and that any person named in evidence will be assessed independently under Ghanaian law as the Office investigates the Ghanaian dimension of the bribery case.
10 August 2026 · Joy Online →
Ghana's Economic and Organised Crime Office has escalated its investigation into the Ghanaian dimension of former Goldman Sachs banker and ex-TOR Managing Director Asante Kwaku Berko's bribery case, following his conviction in the United States. EOCO said it received a request from U.S. counterparts last year seeking information on specific individuals in Ghana relevant to the investigation, including a former Minister of State and public servants.
10 August 2026 · Joy Online →
Former Attorney General Nii Ayikoi Otoo says evidence of public officials' participation in a criminal agreement is sufficient legal grounds for prosecution in the AKSA Energy bribery scandal, noting that Ghanaian law does not require physical presence at an offence for criminal liability if there is proof of involvement in the conspiracy.
10 August 2026 · Joy Online →
Asante Kwaku Berko, a former banker, was convicted by a federal jury in Brooklyn of violating the U.S. Foreign Corrupt Practices Act and related offences for paying more than $1 million in bribes to Ghanaian government officials in connection with a power-plant project. The article argues that Ghana's anti-corruption efforts must focus on both the givers and takers of bribes.
10 August 2026 · Daily Guide →
The Office of the Special Prosecutor disclosed it provided investigative and evidentiary assistance to the FBI in the prosecution of Asante Kwaku Berko, a Ghanaian-American businessman and former Managing Director of Tema Oil Refinery, who was convicted in Brooklyn, New York on August 6, 2026, over a scheme involving more than $1 million in bribes to multiple Ghanaian officials between 2014 and 2015 related to a power plant development agreement.
10 August 2026 · The Chronicle →