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Judge locks up Ng Lap Seng in $4 million apartment

In this courtroom sketch, defendant Ng Lap Seng

In this courtroom sketch, defendant Ng Lap Seng is seated in court at the defense table with his attorney during his arraignment on bribery charges in New York City, Tuesday, Oct. 6, 2015. The billionaire businessman is accused of bribing a former president of the United Nations General Assembly. Photo Credit: AP / Elizabeth Williams

A federal judge in Manhattan Thursday rebuffed government efforts to prevent the Macau billionaire charged in a United Nations bribery scheme from being released to a $4 million apartment where he will pay private guards to watch him.

U.S. District Judge Vernon Broderick approved the ruling made by a magistrate last week, paving the way for Chinese real estate mogul Ng Lap Seng to be released to what prosecutors call a "private jail" next week.

Ng will pay roughly $35,000 a week for a security firm with law enforcement ties, Guide Post, to guard him. Ng also is required to post $20 million on a $50 million bond and be outfitted with electronic monitoring.

He is accused of paying off a former president of the UN General Assembly from Antigua and an official from the Dominican Republic to win UN support for a Macau development. He also is accused of bringing millions in cash into the United States illegally.

All the defendants were indicted this week and pleaded not guilty Thursday.

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