Hong Kong businessman guilty of bribery in African oil deal

In this courtroom drawing, Assistant U.S. Attorney Douglas Zolkind, standing, addresses cooperating witness Cheikh Gadio, far right, during Hong Kong businessman Dr. Chi Ping Patrick Ho's bribery trial in New York, Wednesday, Nov. 28, 2018. Seated at far left is the defendant, Dr. Chi Ping Patrick Ho. On the bench is Judge Loretta Preska. The photo on the monitor shows the defendant and the President of Chad, Idriss Deby, taken during a meeting. (Elizabeth Williams via AP)

NEW YORK (AP) — A federal jury in Manhattan has convicted a Hong Kong businessman of bribing the presidents of Chad and Uganda to secure oil rights for a Chinese energy conglomerate.

Dr. Chi Ping Patrick Ho was found guilty Wednesday of seven of eight counts of conspiracy, money laundering and violating the Foreign Corrupt Practices Act.

Ho's attorneys acknowledged he made the cash payments but insisted they were donations intended to foster goodwill.

Prosecutors portrayed Ho as a cheater who lined the pockets of government officials in a bid to expand the business of CEFC China Energy around the world.

The case had a number of links to the United Nations and involved meetings and wire transfers in New York City.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.