Mercury Rising 鳯女

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No one will care if President Romney got his cash from Chinese Triads

Posted by Charles II on July 17, 2012

(Image of Adelson from Propublica. Image of Mitt from Obama’s Dog)

A new report from Matt Isaacs, Lowell Bergman, and Stephen Engelberg of Propublica shows that Willard Romney’s main campaign donor, Sheldon Adelson, was rescued from potential bankruptcy (or at least the closure of his Macao gambling palaces) by bribery and corruption, potentially involving organized crime syndicates:

Now, some of the methods Adelson used in Macau to save his company and help build a personal fortune estimated at $25 billion have come under expanding scrutiny by federal and Nevada investigators, according to people familiar with both inquiries.

Internal email and company documents, disclosed here for the first time, show that Adelson instructed a top executive to pay about $700,000 in legal fees to Leonel Alves, a Macau legislator whose firm was serving as an outside counsel to Las Vegas Sands.

The company’s general counsel and an outside law firm warned that the arrangement could violate the Foreign Corrupt Practices Act. …

Federal investigators are looking at whether the payments violate the statute because of Alves’ government and political roles in Macau…. [and] whether the company made any other payments to officials. An email by Alves to a senior company official, disclosed by the Wall Street Journal, quotes him as saying “someone high ranking in Beijing” had offered to resolve two vexing issues — a lawsuit by a Taiwanese businessman and Las Vegas Sands’ request for permission to sell luxury apartments in Macau. Another email from Alves said the problems could be solved for a payment of $300 million. There is no evidence the offer was accepted. Both issues remain unresolved.

The documents shed new light on … the company’s difficulties in avoiding contact with Chinese organized crime figures as it built its casino business in Macau.

Nevada law bars licensed casino operators from associating with members of organized crime.

Allegations about the company’s dealings with Alves as well as its purported ties to organized crime are prominently mentioned in a 2010 lawsuit filed by Steven Jacobs, former CEO of Sands China.

In the suit, Jacobs contends he was fired after multiple disputes with Adelson, which included the continued employment of Alves and the company’s dealings with junkets.

Anyone remember Bill Clinton, Maria Hsia, John Huang and James Riady? If there was a firestorm over a minor donor being related to the Chinese government, surely that means there will be no comment by our press about a man potentially linked to Chinese organized crime and governmental corruption funding supporting Willard’s campaign to the tune of tens of millions of dollars.

Because these things are totally different! Just ask Brooks Jackson!

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2 Responses to “No one will care if President Romney got his cash from Chinese Triads”

  1. jo6pac said

    Oh, whats few dollars among the criminal class of nations. Hell for all we know there might have been a few bucks from the Red Army leaders.

    • Charles II said

      More likely than not, Jo.

      It’s interesting to me that the right-wingers seem so cozy with the Chinese communists. They do seem to think alike.

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