Word: chearavanont
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...Dhanin Chearavanont isn't ashamed to say he wants to retire. Still putting in 14-hour workdays at age 65, the chairman and CEO of Charoen Pokphand Group (CP)--Thailand's one truly multinational corporation--says he has found time to meditate on the possibilities of voluntary idleness (he's worth about $1.3 billion, according to Forbes). Maybe he would unmoor his yacht and sail off into the South China Sea. Or maybe he'd head to his farm and tend to his prized fighting cocks. Maybe. It's just that things keep cropping up at work, he explains...
...next day, when a Democratic fund raiser named John Huang requested White House clearance for a Thai industrialist to have coffee with the President, no alarms went off. No one made much of the fact that Dhanin Chearavanont, 57, chairman of the CP Group, is believed to be the largest single foreign investor in China and an economic adviser to Beijing. When an aide to campaign czar Harold Ickes asked "if it would be problematic if this individual met briefly W/ POTUS," the green light came quickly from the NSC: "O.K. by Asia Affairs." Among the 11 NSC officials informed...
...conglomerate with major development projects in six Chinese cities. Its most famous former employee is Huang, the Commerce Department official turned fund raiser for the D.N.C., who stayed in regular contact with Lippo no matter what his occupation. Also under scrutiny are the CP Group of Thailand, headed by Chearavanont and represented in Washington by former Democratic fund raiser Pauline Kanchanalak, and San Kin Yip Group of Macau, a business partner of fund-raiser Charlie Trie. Like Lippo, both companies are owned by ethnic Chinese and have ties to Beijing officials. Federal investigators are also looking into the business practices...
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