Comment on China's CEFC denies links to alleged Africa bribery plot

China's CEFC denies links to alleged Africa bribery plot

HONG KONG (AP) — A Chinese energy company has denied it had anything to do with a multimillion dollar bribery scheme that U.S. prosecutors say was organized by two businessmen to secure business from African officials on its behalf. In a statement late Tuesday, CEFC China Energy Co. sought to distance itself from the corruption, money laundering and conspiracy charges filed against former Hong Kong home secretary Patrick Ho and Cheik Gadio, a former Senegal foreign minister. Prosecutors say the two arranged bribes to secure business advantages for an unnamed Shanghai-headquartered company in violation of the Foreign Corrupt Practices Act.

 

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