Ban Ki-moon's brother, nephew charged with bribery in US | daily-sun.com

Ban Ki-moon's brother, nephew charged with bribery in US

Sun Online Desk     11th January, 2017 09:16:11 printer

Ban Ki-moon's brother, nephew charged with bribery in US

 

The brother and nephew of former United Nations Secretary General Ban Ki-moon have been charged with conspiracy to bribe a government official.

 

New York officials accuse Mr Ban's younger brother, Ban Ki-sang, and his nephew, Joo Hyun Bahn, offering money to a Middle Eastern official.

 

 

They allege bribes were given to entice the official to use government funding to buy their building project.

 

Ban Ki-moon served as UN secretary general from 2007 until 2016.

 

He was succeeded by former Portuguese Prime Minister Antonio Guterres on 1 January 2017.

 

In early 2013, the South Korean construction firm Keangnam, of which Mr Ban's brother was an executive, was faced with growing debt and sought to sell a building complex in Vietnam known as Landmark 72.

 

Prosecutors alleged on Tuesday that he and his son, a Manhattan estate agent, stood to make millions of dollars in commission on the sale, valued at up to $800m (£657m).

 

The two men paid millions of dollars in bribes and tried to trade on the prominence of their South Korean family in order to persuade a Middle Eastern official from an unnamed country to arrange a purchase of the complex by that country's sovereign wealth fund.

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