Former U.N. President and Chinese Billionaire Are Accused in Graft Scheme

A former top United Nations official and a billionaire real estate developer from the Chinese territory of Macau were accused on Tuesday of engaging in a broad corruption scheme, according to federal prosecutors in Manhattan. The former president of the United Nations General Assembly, John W. Ashe, a diplomat from Antigua, was one of six people identified in a criminal complaint outlining a bribery scheme that involved more than $1 million in payments from sources in China for assistance in real estate deals and other business interests. Read more