Yahoo sued over squandered US$17m fund created for Chinese dissidents
Activists accuse Yahoo of not reigning in profligate spending by the fund's manager
Thu, Apr 13, 2017 - 5:50 AM
The lawsuit was filed on behalf of eight dissidents in China who said that the Yahoo executives did not do enough to rein in Mr Wu's inappropriate and profligate spending.
A GROUP of Chinese political activists filed a lawsuit in federal court against Yahoo on Tuesday, saying the company failed to properly oversee a US$17 million fund it created a decade ago to help Chinese writers, democracy advocates and human rights lawyers persecuted for...