Macau developer Ng Lap Seng freed on bail

Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing

Chinese billionaire Ng Lap Seng, center, leaves federal court with his attorney Benjamin Brafman, right, after he was released on bail in connection with a U.N. bribery scheme in New York, Monday, Oct. 26, 2015. Ng plead not guilty last week in a bribery case that has invited scrutiny of the world body's operations. (AP Photo/Kathy Willens)

Macau developer Ng Lap Seng was released on Monday after posting USD25 million of his $50 million bail and agreeing to pay for two private security guards to be in attendance around-the-clock at his Manhattan apartment, to ensure he does not flee. Ng, 67, is at the center of a bribery case that has drawn scrutiny into the operations of the United Nations.

The former president of the United Nations General Assembly, John Ashe, who is facing tax charges in a bribery case, was also released on Monday on a USD1 million bail even though a prosecutor said it is likely that he will face additional charges.

Ashe was freed at dusk after an electronic bracelet was attached and the last of four co-signers to his bail package was approved. He declined to comment as he left the Manhattan federal court.

(macaunews/macaudailytimes)