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Cheng Quoted on China’s Efforts to Recover Proceeds from Corruption AbroadMarch 14, 2017
O’Melveny partner Ron Cheng is quoted in the March 10, 2017, MLex article “China Boosts Efforts to Seize Proceeds of Corruption Abroad.” According to the article, China's anti-graft agency will increase its efforts to recover proceeds of corruption held abroad in its “Sky Net 2017” operation, a plan to nab graft suspects overseas.
In cases involving multiple countries, the US Department of Justice has an interest in recovering and returning assets stolen through official corruption, Cheng told the publication.
“The DOJ has made clear that it does not offer a safe haven to foreign corrupt officials. China’s success in the US will depend greatly on its ability to understand the US legal system and act in a way that satisfies US law,” he said.
Cheng, who is co-located in O’Melveny’s Hong Kong and Los Angeles offices, handles both anti-corruption and data security and privacy matters. He served over 22 years at the US Attorney’s Office for the Central District of California, where he argued more than 35 cases before the Ninth Circuit.