Skip to main content

Sheldon Adelson, the casino magnate that spent over $150 million in independent expenditures to help Republican candidates in the 2012 elections, has admitted to bribing foreign officials:

"There were likely violations of the books and records and internal controls provisions” of the Foreign Corrupt Practices Act, (Las Vegas Sands Corporation) said in its annual regulatory report published on Friday. Late last year, Adelson reportedly held meetings with at least one House GOP leader to discuss “possible changes to the Foreign Corrupt Practices Act,” arguing that he had been the target of federal investigations under the Act as retribution for his strong support for Republican candidates.
Adelson's casino company, Las Vegas Sands Corporation, has been accused of bribing Chinese officials to expand its business operations in China. Now, Adelson's company has outright admitted to violating the Foreign Corrupt Practices Act, the federal law that prohibits U.S.-based corporations from bribing foreign government officials, and now we know that Adelson, the single largest contributor to Republican efforts in the 2012 elections, met with at least one Republican member of the U.S. House of Representatives to discuss weakening the Foreign Corrupt Practices Act.

To put it mildly, this is a major public relations nightmare for the Republican Party. The guy who spent more money than anyone else to bankroll efforts to get Republicans elected has admitted to bribing Chinese officials.

Originally posted to Aaron Camp on DailyKos on Sun Mar 03, 2013 at 02:23 PM PST.

Also republished by Way of Dragon.

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site