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Yahoo Accused of Mismanaging Fund for Dissidents in China

Yahoo created the human rights fund a decade ago

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    Yahoo Accused of Mismanaging Fund for Dissidents in China
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    The Yahoo logo is displayed in front of the Yahoo headqarters on July 17, 2012 in Sunnyvale, California.

    A new lawsuit accuses Yahoo of turning its back on Chinese dissidents that it had promised to help as penance for previously turning over information about other activists to the Chinese government.

    The lawsuit, filed Tuesday in a Washington, D.C., federal court by a group of Chinese dissidents, contends that Yahoo mismanaged a $17 million fund it set up to provide financial aid to them.

    Yahoo created the human rights fund a decade ago. That gesture followed a humiliating scandal during which U.S. legislators roasted Yahoo for providing authorities with information that led to the imprisonment of two Chinese activists.

    The complaint alleges Yahoo allowed Harry Wu, a now-deceased dissident from China, to spend about $13 million of the fund on personal interests. Yahoo declined to comment.

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    White House deputy press secretary Sarah Huckabee Sanders displayed the administrations's antagonism against the media in heated exchanges with members of the White House press corp during the daily press briefing on Tuesday, June 27, 2017. Sanders pointed to a retracted CNN story as basis of the White House's "frustration" and skepticism with ongoing coverage, while one reporter accused the White House of "inflammatory rhetoric."

    (Published Tuesday, June 27, 2017)