Feds Charge 4 In Foreign Bribery Plot To Sell $800M Complex

Law360, New York (January 10, 2017, 7:52 PM EST) -- The U.S. Department of Justice on Tuesday announced charges against four individuals over an alleged scheme to bribe a foreign official to buy a $800 million building complex in Vietnam.

Ban Ki Sang, a former senior executive at South Korean construction company Keangnam Enterprises Co. Ltd., allegedly plotted with his son Joo Hyun Bahn, a Manhattan real estate broker, to bribe a government official from an unnamed country in the Middle East in order to sell an $800 million building complex in Vietnam. The duo, with...
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