Ng Lap Seng

David Ng Lap Seng (Chinese: 吳立勝; pinyin: Wú Lìshèng; born June 1948)[1][3] is a Macau-based Chinese billionaire real estate businessman, chairman of the Sun Kian Ip Group (新建业集团). He is a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).[1]

Ng Lap Seng
Born
Wu Lisheng

June 1948 (age 72)[1][2]
NationalityChinese
Occupationreal estate businessman
Net worthUS$1 billion+ (October 2015)
TitleChairman, Sun Kian Ip Group

Criminal investigation

Ng Lap Seng is the subject of an American investigation, and faces bribery, money laundering and other charges, as he allegedly that he paid bribes via intermediaries totalling US$500,000 to former UN General Assembly president John Ashe.[4][5]

On the 7 March 2015 Ng's Sun Kian Ip Group signed a "cooperation agreement" with the Director of the United Nations Office for South-South Cooperation (UNOSSC), Yiping Zhou. In April 2015 the Deputy Director of the UNOSSC, Inyang Ebong-Harstrup, met with Ng in Macau. In August 2015 the Sun Kian Ip Group sponsored a High-Level Strategy Forum for the UNOSSC. The Forum was also attended by former President of the UN General Assembly, John William Ashe. Ashe was arrested, along with Ng and others, in October 2015 by the FBI.

Since October 2015, he has been confined to his New York City apartment on US$50 million bail, with very tight restrictions.[4] As of January 2016, two suspects have pleaded guilty.[5] In March 2016, a third suspect, Francis Lorenzo, deputy ambassador to the United Nations from the Dominican Republic, pleaded guilty.[6]

US prosecutors estimate that Ng's net worth is in excess of US$1 billion.[4]

Ng Lap Seng was also part of a Democratic fund-raising scandal when Bill Clinton was president, and is mentioned in the Panama Papers.[7]

In July 2017, the U.S. District Court in Manhattan found Ng guilty of all charges he faced, following a month-long trial.[8][9]

References

  1. "Wu Lisheng". CPPCC. Archived from the original on 28 July 2017. Retrieved 1 February 2017.
  2. "美反腐起訴澳門商人吳立勝和前聯大主席". BBC Chinese. 6 October 2015. Archived from the original on 28 July 2017. Retrieved 2 June 2016.
  3. "美反腐起訴澳門商人吳立勝和前聯大主席". BBC Chinese. 6 October 2015. Archived from the original on 28 July 2017. Retrieved 2 June 2016.
  4. "UN scandal: Billionaire Ng Lap-seng released with tight restrictions – Nikkei Asian Review". asia.nikkei.com. Archived from the original on 5 June 2016. Retrieved 10 September 2016.
  5. "Macau billionaire Ng Lap-seng bribery case: Second suspect pleads guilty in New York case". South China Morning Post. 21 January 2016. Archived from the original on 4 June 2016. Retrieved 14 May 2016.
  6. "Diplomat pleads guilty in UN bribery scheme linked to Macau billionaire Ng Lap-seng". South China Morning Post. 17 March 2016. Archived from the original on 15 April 2016. Retrieved 14 May 2016.
  7. "Inside Panama Papers: Multiple Clinton connections". mcclatchydc. Archived from the original on 7 May 2016. Retrieved 14 May 2016.
  8. "Chinese Billionaire Developer Convicted in UN Bribery Case". Bloomberg. 28 July 2017. Archived from the original on 28 July 2017. Retrieved 27 July 2017.
  9. "U.S. Jury Finds Macau Billionaire Guilty in U.N. Bribery Case". The New York Times. 27 July 2017. Archived from the original on 28 July 2017. Retrieved 27 July 2017.
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