tirsdag 27. mars 2018

How a Hong Kong millionaire's bribery case exposes China's corruption problem in Africa


It sounds like a Hollywood movie. A respected Hong Kong financial magnate allegedly plans a clandestine meeting with the president of Chad in the middle of the dusty Sahara Desert, and offers him a $2 million gift to secure oil rights for a Chinese conglomerate.

In another scheme, Chi Ping Patrick Ho, according to United States prosecutors, sends the now foreign minister of Uganda, who was then the president of the UN General Assembly, a $500,000 bribe for business advantages, through the New York banking system. All this was allegedly planned under the noses of the world's top diplomats in the corridors of the United Nations in New York, where Ho ran an energy NGO.