Word: chung
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Dates: during 1990-1999
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...were a Chinese aerospace kingpin looking for an agent to buy influence at the White House and get American rocket technology into your hands, Johnny Chung would not be your first choice for the job--or your second choice or even your third. Yet Chung, the cartoonish Taiwan-born businessman best known for his role in the 1996 Clinton campaign-finance scandals ($366,000 in suspicious contributions; a plea bargain in which he's cooperating with investigators), was being described in Washington last week as the pivot man in a "China Plan" to do just that. For an influence peddler...
...Chung is having a second moment of infamy, because he has told investigators that he received $300,000 from Liu Chaoying, a top executive at China Aerospace International Holdings (the subsidiary of a huge Chinese satellite-launching outfit), and funneled at least $35,000 of it to the Democratic National Committee. Here's where it gets sticky: after Chung passed illegal money to the D.N.C., Clinton approved the transfer of commercial satellite-launch technology to China--technology that might have helped China improve the accuracy of its long-range ballistic missiles that threaten...
...week as legislators from both parties made grave pronouncements about the apparent security breach. But TIME's examination of the evidence suggests there may be less to the China connection than meets the eye. Investigative sources tell TIME there's no evidence that anyone in the White House knew Chung was funneling money from Chinese sources or that Chung ever lobbied anyone about the transfer of satellite-launch technology. Chung's lawyer, Brian Sun, insists Liu never discussed satellites or waivers with Chung. At least part of their partnership concerned the prosaic business of trading auto parts and telephone equipment...
...Chung and Liu met in June 1996 through mutual business contacts in Hong Kong. It was an easy marriage of interests: Chung, 43, the hustler, was always flashing his Clinton photos and looking for deals; Liu, 39, the daughter of a powerful retired general in the People's Liberation Army, was a lieutenant colonel in the P.L.A. As such, she was a sophisticated member of the elite class of Chinese "princelings"--offspring of communist bosses who are often given control of huge trading companies but who sometimes act independently, not necessarily as agents of a putative China Inc. that masterminds...
...Almost every week there's a special election,"says council member Steve W. Chung '01. "It'sshameful and embarrassing...