On March 25, 2019, Patrick Ho was sentenced to three years in prison for his role in a scheme to bribe officials of Chad and Uganda.  Ho, the former head of a non governmental organization, admitted to paying the bribes to obtain business advantages for CEFC China Energy Company Limited (“CEFC China”), an international energy and banking conglomerate.  The schemes involved a $2 million bribe to the then-president of Chad to obtain oil rights, as well as two $500,000 bribes to Ugandan officials in exchange for a bank acquisition opportunity and for advantages in other ventures.

United States v. Ho, 17-cr-779-LAP (S.D.N.Y.)
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