Chinese billionaire convicted in United Nations bribery case

Image
AP New York
Last Updated : Jul 28 2017 | 3:28 AM IST
A Chinese billionaire who wanted to build a United Nations center in Macau and was accused of illegally paying hundreds of thousands of dollars to UN ambassadors to make it happen has been convicted at his bribery trial.
The verdict was returned in Manhattan federal court against Ng Lap Seng, one of China's richest men. Ng was convicted of bribery, conspiracy and money laundering charges.
Prosecutors yesterday presented evidence that Ng from 2010 to 2015 bribed two UN ambassadors with hundreds of thousands of dollars to support his project to build a UN conference center, but defense lawyers contended that Ng only paid money when he was asked to spend it to speed the project along.
A prosecutor earlier this week had urged the jury to convict Ng, saying he bribed the ambassadors so he could build a UN facility that would be as big as the one in New York, a claim a defense attorney dismissed as "a big zero."
"The defendant Ng Lap Seng corrupted the United Nations," Assistant US Attorney Janis Echenberg told the federal court jury on Tuesday during closings at a trial that kept Ng confined under 24-hour guard in a luxury Manhattan apartment for the last two years.
She said the 69-year-old Ng paid millions of dollars to the two UN ambassadors to clear away red tape so he could build a conference center in Macau that would be the "Geneva of Asia," where tens of thousands of people would spend money at his hotel, a marina, a condominium complex, a heliport and a shopping center.
Echenberg said it was a project that would bring Ng and his family "fame and more fortune."
"Brick by brick, bribe by bribe, the defendant built the path that he thought would build his legacy," she said.
Defense attorney Tai Park raised his voice repeatedly as he derided the prosecution as "frankly outrageous."
"It falls by its own weight," he said. "It's a big zero." Park reread aloud parts of a UN Task Force report that he said proved there were no rules or prohibition against the kind of private-public partnership that Ng had forged with the United Nations and its ambassadors to build a multibillion-dollar facility that would serve developing nations.
He blamed the ambassadors former UN General Assembly President John Ashe and suspended Dominican Republic Ambassador Francis Lorenzo for abusing their relationships with Ng.
"Mr Ng literally threw his money in every direction he was asked," Park said.
Ashe, who died last year in an accident at home, had asked Ng to rescue him in 2014 with a USD 200,000 donation to pay for a concert after another person who was supposed to finance the event backed out, Park said.
He said a USD 20,000-per-month salary paid to Lorenzo was for his job as president of a media organisation meant to benefit developing nations.
Echenberg said if there was any doubt about why Ng was paying Lorenzo a lot of money it was eliminated in December 2012, when he promised him an extra USD 30,000 monthly to speed approval of the Macau center.
The prosecutor said Lorenzo's testimony was so damaging that Park spent six days on cross-examination.
"You know he's guilty just by the testimony of ambassador Lorenzo," she said. Lorenzo, who pleaded guilty to accepting and paying bribes, remains free on bail pending sentencing.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 28 2017 | 3:28 AM IST

Next Story