A group of Chinese activists today declared Yahoo failed to appropriately baby-sit a $17 actor fund created a decade beforehand to aid Chinese dissidents, according to court documents.

In 2007, Yahoo accepted to accouterment Chinese authorities with the identities of several of its users. This disclosure led to the jailing of two activists, both for autograph emails that drew the ire of government officials. The activists each accustomed a 10-year sentence.

Yahoo, for its part — or at the urging of its PR administration — sought to settle action adjoin the aggregation by accouterment the families of each jailed Yahoo user with $3.2 million. Then, the aggregation set aside more than $17 actor for the conception of a altruistic fund to help Chinese activists and their families in what might be the most cellophane PR move ever.

This fund, the plaintiffs allege, was horribly mismanaged. According to court documents, the expenses piled up while little aid was provided to the fund’s advised recipients.

Harry Wu, a former Chinese prison labor camp bondman himself, was tapped to manage the fund. With little blank from top brass at Yahoo, Wu spent the money on big-ticket real estate — including a $2.5 actor townhouse in Washington DC — no-show positions for his wife and associates, and a $60,000 raise for himself. Wu also spent more than $800,000 from the fund to defend himself from a series of lawsuits accusing him of sexual harassment or misuse of federal grants, according to the court filing.

All told, only $700,000 of the appropriate $17 actor made its way to Chinese dissidents or their families. It’s anticipation that $3 actor charcoal in the fund.

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