From the China Compliance Digest (Issue No. 5: March 5, 2012):
Two former directors of Macau Waste Systems Company (CSR) were each sentenced to 39 months in prison last month for conspiring to bribe Ao Man Long, one of the most infamously corrupt officials in Macau’s history.
During his 15-year tenure as the China-controlled territory’s transport and public works secretary, Ao reportedly amassed a vast fortune in bribes from companies seeking government contracts. Investigators found nearly 800 million patacas (US$100 million) when they raided Ao’s home and safety deposit boxes in 2006.
The court found that in 2005 Lionel John Krieger and James Tan Ping Cheong paid Ao 29 million patacas (US$3.6 million) in exchange for three waste collection contracts. Tan and Krieger attempted to pass off the bribe as a “consultancy payment” to a company owned by a director and minority shareholder of CSR.
During sentencing, presiding judge Stephen Geiser said, “It was Ao who initiated the bribe and they were reluctant to pay at first and chose to ignore him.”
Source: Macau Daily Times
For a limited time, subscribers to the FCPA Blog will receive a complimentary one-month subscription to the China Compliance Digest. Subscribe to the FCPA Blog by filling in the box on the left under ‘Connect.’