The Real Deal New York

Real estate billionaire Ng Lap Seng convicted on bribery charges

July 29, 2017 05:34PM

From left: 240 East 47th Street and Ng Lap Seng

Chinese real estate billionaire Ng Lap Seng was convicted on bribery charges this week. He was accused of paying bribes to United Nations officials, including former General Assembly President John Ashe and had been living under house arrest at 240 East 47th Street in Manhattan.

One of the richest men in China, Seng was convicted on six counts, according to the New York Post. A Manhattan jury found him guilty of bribing two UN ambassadors to garner support for a multibillion-dollar conference center he hoped to build in Macau.

He faces as much as 65 years in prison.

“If you bring corruption to New York – whether to the State Capitol in Albany or to the halls of the U.N. General Assembly – your journey may very well end in a Manhattan federal courtroom, with a unanimous jury announcing your guilt,” Manhattan US Attorney Joon Kim said.

[NYP]Christopher Cameron