The New York Times
By MICHAEL LUO, NEIL GOUGH and EDWARD WONG
Published: August 13, 2012
When Sheldon Adelson, the casino magnate, needed something done in China, he often turned to his company’s “chief Beijing representative,” a mysterious businessman named Yang Saixin.
Mr. Yang arranged meetings for Mr. Adelson with senior Chinese officials; acted as a frontman on several ambitious projects for Mr. Adelson’s company, the Las Vegas Sands Corporation; and intervened on the Sands’s behalf with Chinese regulators. Mr. Yang even had his daughter take Mr. Adelson’s wife, Miriam, shopping when she was in Beijing.
“Adelson and I had a good relationship,” Mr. Yang said in a recent interview in Hong Kong. “He should thank me.”
Mr. Yang joined the Sands in 2007 as the company worked to protect its interests in Macau, where its gambling revenues were mushrooming, and pressed ahead with plans for a resort in mainland China. Boasting of ties to the People’s Liberation Army and China’s security apparatus, Mr. Yang was hired for his guanxi, that mixture of relationships and favors that is critical to opening doors in China, according to former executives.
But today, Mr. Yang, along with tens of millions of dollars in payments the Sands made through him in China, is a focus of a wide-ranging federal investigation into potential bribery of foreign officials and other matters in China and Macau, according to people with direct knowledge of the inquiries.
The investigations are unfolding as Mr. Adelson has become an increasing presence in this year’s presidential election, contributing at least $35 million to Republican groups. On Tuesday, Mitt Romney’s running mate, Representative Paul D. Ryan, is to appear at a fund-raiser at the Sands’s Venetian casino in Las Vegas; Mr. Adelson is likely to attend, a person close to him said.
In the political arena, Mr. Adelson is perhaps best known as a hawkish defender of Israel. But whatever the outcome of the inquiries involving his businesses in China, an examination of those activities suggests a keen interest in Washington’s China policy and highlights the degree to which politics and profits are often intertwined for Mr. Adelson.
The Sands has faced a conundrum in China as a casino company whose fortunes are heavily dependent on its operations in a country where gambling is illegal, except in Macau. The company relies on the good will of Chinese officials, who mete out approvals and have the power to curtail the flow of mainland visitors. As a result, Mr. Adelson has sought to use financial clout and connections to exert political influence at the highest levels of government.
On the front lines of those efforts was Mr. Yang, who was paid $30,000 a month by the company before he was fired in 2009, he said. At times, he acted as Mr. Adelson’s personal guide to the Chinese establishment. Among the dignitaries he took Mr. Adelson to see was Wan Jifei, a leading international trade official whose father had been vice premier. That led to a lunch with other trade officials at the Great Hall of the People on Tiananmen Square.
The Sands later hired Mr. Wan’s daughter, Bao Bao, a socialite and jewelry designer, to do public relations. And the trade agency Mr. Wan ran became a partner in the Sands’s biggest venture, the Adelson Center for U.S.-China Enterprise.
Mr. Yang denies resorting to bribery and says he actually lost money on his dealings with the Sands.
“I’m really being bullied because I helped Venetian and Adelson do so many things,” he said. “I’m in the middle, and on both sides everybody’s pointing at me.”
The broad outlines of the mainland China investigation were reported last week by The Wall Street Journal. But a review of more than a thousand pages of corporate records in China, as well as interviews with former Sands executives and others, provides a more detailed picture.
The documents show that the Sands paid out more than $70 million to companies tied to Mr. Yang for the trade center and for a Chinese basketball team the Sands sponsored. But several million dollars appear to be unaccounted for after the projects were suddenly shut down by the company, The New York Times found.
What became of any missing money and whether any of it wound up in the hands of Chinese officials are among the questions being examined by the Federal Bureau of Investigation, the Justice Department and the Securities and Exchange Commission.
US building a new “Iraq style” embassy in Pakistan
Posted in 'Executive Assassination Ring', Afghanistan war, America, Barack Obama, blackwater, Bush Administration, Cheney, CIA, Commentary, Conservatives, Corruption, Criminals In the White House, Donald Rumsfeld, Fascism, GOP, Hillary Clinton, iraq, iraq war, Israel, National Security Agency, Oil, Pakistan, Paul Wolfowitz, Political News, Right Wing, Rumsfeld, Secretary Of State Hillary Clinton, Terrorism, Torture, Troops, United Nations, war, war crimes, war funding on December 8, 2009| 2 Comments »
Pakistanis skeptical about a new one billion dollar US embassy
By T9 Times Articles
Posted on 19 Aug 2009 at 1:18am GMT
The Pakistani government is suspicious of a nearly one billion dollar U.S. plan to expand the American embassy in Islamabad, a senior Pakistani official told The Media Line.
Following reports earlier this week that the scheduled $945.2 million expansion of the U.S. embassy in Islamabad was to include the deployment of up to 1,000 U.S. Marines to the Pakistani capital, a highly-placed official in the Pakistani Foreign Ministry said the government is increasingly sceptical of the U.S. plan and intends to raise the issue with Richard Holbrooke, U.S. President Barack Obama’s Special Representative for Afghanistan and Pakistan.
Well, here we go again, the 2nd. largest embassy on the planet, only to be exceeded by “Fortress America” in Baghdad. I suppose that “suspicious” could be called a vast understatement, when considering the secrecy and then the final unveiling four years later, of an embassy that actually serves as a military installation.
The Military Petrochemical Agrocorporate Fusion Energy Complex is obviously still Hell bent on “the long war” and will go to any lengths to pursue their efforts to control Middle Eastern oil.
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