Time: Wed Jul 09 16:19:43 1997 by primenet.com (8.8.5/8.8.5) with ESMTP id QAA08944; Wed, 9 Jul 1997 16:15:00 -0700 (MST) by usr06.primenet.com (8.8.5/8.8.5) with SMTP id QAA06348; Wed, 9 Jul 1997 16:14:47 -0700 (MST) Date: Wed, 09 Jul 1997 16:14:39 -0700 To: (Recipient list suppressed) From: Paul Andrew Mitchell [address in tool bar] Subject: SLS: Huang Firm May have funneled funds from Lippo group (fwd) <snip> > > Huang Firm May Have Funneled Funds From Lippo > > WASHINGTON (Reuter) - A real estate holding company run by former > Commerce Department official John Huang while he worked for financial > conglomerate Lippo Group apparently was used to funnel money from > Indonesia into U.S. election campaigns, the Washington Post reported > in its Monday editions. > > The newspaper, quoting sources close to a Senate probe into campaign > finance activities, said Senate investigators had found documents that > showed Hip Hing Holdings Ltd., part of the Lippo Group, received > regular injections of foreign funds, and gave about $79,000 in > political contributions. > > Another report, in Monday's New York Times, said President Clinton > took a personal interest in the hiring of Huang. > > Huang, a former fund-raiser for the Democratic National Committee, has > emerged as a central figure in the campaign fund-raising scandal. He > formerly headed Lippo's U.S. operations and was Hip Hing's vice > president, before joining the Commerce Department. > > Tennessee Republican Sen. Fred Thompson and his Senate Governmental > Affairs Committee will begin hearings Tuesday to determine whether > China and other foreign interests sought to influence U.S. foreign > policy by helping Clinton and the Democratic Party with illegal > political contributions. > > It is illegal under U.S. election law for noncitizens or nonlegal > residents to contribute to campaigns, or for anyone to contibute in > someone else's name. Any money donated by corporations must come from > income generated in the United States. > > The documents obtained by Senate investigators showed that Hip Hing > Holdings did not generate enough income to cover the political > contributions it made to local, state and federal campaigns from 1991 > to 1993, the Post said. > > The investigators were also examining whether funds from Hip Hing > might have been used to reimburse Lippo executives for political > contributions, according to the newspaper report. > > Huang and Charles Yah Lin Trie, a former Arkansas restaurant owner and > longtime friend of Clinton, raised nearly $4 million from > Asian-American sources during the 1996 presidential campaign, but the > Democratic National Committee has returned $1.6 million in > questionable contributions raised by Huang and $645,000 donated or > raised by Trie. > > Huang has made clear he would invoke the Fifth Amendment against > self-incrimination if called to testify, but he still might be forced > to appear. > > In New York, the Times reported in Monday's editions that President > Clinton approached the Democratic National Committee on behalf of > Huang, and administration officials strongly urged the committee to > hire Huang so he could begin soliciting funds from Asian-Americans. > > Clinton took personal interest in the hiring of Huang, going so far as > to ask the committee's finance chairman in November 1995 whether Huang > would be hired, the newspaper said. > > The paper attributed the information to Congressional investigators. > > Five days after the conversation in which Clinton told the finance > chairman that Huang had come "highly recommended", Huang was hired as > the committee's vice chairman of finance, the Times reported. > _________________________________________________________________ > >=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-= >Unsub info - send e-mail to majordomo@majordomo.pobox.com, with >"unsubscribe liberty-and-justice" in the body (not the subject) >Liberty-and-Justice list-owner is Mike Goldman <whig@pobox.com> > > ======================================================================== Paul Andrew Mitchell : Counselor at Law, federal witness B.A., Political Science, UCLA; M.S., Public Administration, U.C. Irvine tel: (520) 320-1514: machine; fax: (520) 320-1256: 24-hour/day-night email: [address in tool bar] : using Eudora Pro 3.0.3 on 586 CPU website: http://www.supremelaw.com : visit the Supreme Law Library now ship to: c/o 2509 N. Campbell, #1776 : this is free speech, at its best Tucson, Arizona state : state zone, not the federal zone Postal Zone 85719/tdc : USPS delays first class w/o this As agents of the Most High, we came here to establish justice. We shall not leave, until our mission is accomplished and justice reigns eternal. ======================================================================== [This text formatted on-screen in Courier 11, non-proportional spacing.]
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