To manage the fund, Yahoo partnered with Harry Wu—a noted Chinese dissident turned powerful anti-China activist—and his nonprofit, the Laogai Research Foundation. But Wu grossly mismanaged YHRF, spending less than $650,000—or 4%—of the fund’s total $17.3 million on support for online dissidents, according to the current lawsuit. One year, YHRF allegedly spent $0 on what was meant to be its primary purpose. (Some defendants contest these calculations.)
I’m sure that Yahoo and the people who read this article won’t attribute this to all Chinese people to being inherently untrustworthy and greedy, right?
Right?
I mean Yahoo doesn’t care, they were just laundering money for the CIA, and the CIA promised him he could eat that money.