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Ruby🇺🇸♥️ @Patriotess_Ruby
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Former Head of Organization Backed by Chinese Energy Conglomerate Convicted of #InternationalBribery, #MoneyLaunderingOffenses

Schemed to Bribe the President of Chad, President and Foreign Minister of Uganda
justice.gov/opa/pr/former-…
A federal jury in NY City today convicted the head of a #NGO based in Hong Kong & Virginia on 7 counts for his participation in a multi-year, multimillion-dollar scheme to bribe top officials of Chad & Uganda in exchange for business advantages for a Chinese oil and gas company
Chi Ping Patrick Ho, 69, of Hong Kong, China; found guilty today of 1 count of #Conspiring2Violate the #ForeignCorruptPracticesAct (FCPA), 4 counts of #ViolatingFCPA, 1 count of #Conspiring2Commit #InternationalMoneyLaundering & 1 count of #CommittingInternationalMoneyLaundering
March 14, 2019, at 10:00 a.m. EDT.

“Patrick Ho paid millions of dollars in bribes to the leaders of two African countries to secure contracts for a Chinese conglomerate,” said Assistant Attorney General Benczkowski.
“Patrick Ho now stands convicted of scheming to pay millions in bribes to foreign leaders in Chad and Uganda, all as part of his efforts to corruptly secure unfair business advantages for a multibillion-dollar Chinese energy company,” said U.S. Attorney Berman
Ho was involved in #TwoBriberySchemes to pay #TopOfficials of #Chad and #Uganda in exchange for business advantages for CEFC China, a Shanghai-based multibillion-dollar conglomerate that operates internationally in multiple sectors, including oil, gas, and banking.
At the center of both schemes was Ho, the head of #NGO based in Hong Kong & Arlington, Virginia, the China Energy Fund Committee (the “CEFC NGO”), which held “Special Consultative Status” with the United Nations (UN) Economic & Social Council. CEFC NGO was funded by CEFC China.
According to the evidence presented at trial, in the first scheme (the “Chad Scheme”), Ho, on behalf of CEFC China, offered a $2 million cash bribe, hidden within gift boxes, to Idriss Déby, the President of Chad, in an effort to obtain valuable oil rights from Chadian government
In the second scheme (the “Uganda Scheme”), Ho caused a $500,000 bribe to be paid, via wires transmitted through New York, New York, to an account designated by Sam Kutesa, the Minister of Foreign Affairs of Uganda, who had recently completed his term as the....
... President of the #UNGeneralAssembly. Ho also schemed to pay a $500,000 cash bribe to Yoweri Museveni, the President of Uganda, and offered to provide both Kutesa and Museveni with additional corrupt benefits by “partnering” with them in future joint ventures in Uganda.
#TheChadScheme

According to the evidence presented at trial, the Chad Scheme began in or about September 2014 when Ho flew into New York, New York to attend the annual #UNGeneralAssembly
#TheUgandaScheme

According to the evidence presented at trial, the #UgandaScheme began around the same time as the #ChadScheme, when Ho was in New York, New York for the annual #UNGeneralAssembly
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