Word: vesco
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Three major questions, however, are much in dispute. Was Mitchell's intervention with Swiss and SEC authorities a routine service for a political associate (he and Sears had known each other since the 1968 Nixon campaign) or an application of special pressure? Did officials of the C.R.P. or Vesco suggest that the $200,000 be given in cash? Was the committee legally obligated to report the cash donation...
...Berne because Sears was a friend and had made the request. While such a request normally would go through the State Department, Mitchell said, "it's not unusual for a call like that to come to Justice." There is no indication that Mitchell's call hastened Vesco's release from jail. Yet neither the U.S. officials in Berne nor Vesco could have taken Mitchell's role all that lightly. Vesco, according to the deposition, sent Sears two gift checks totaling $15,000 after Mitchell's help, calling the money "a way of saying thank...
...setting up the SEC meeting, Mitchell called that "a normal process where people were complaining about the Government and putting them in touch with the head of the department." He said that the SEC investigation of Vesco was, at that stage, "not a very important thing." Ex-Chairman Casey disagrees, calling it "a big case with a very broad investigative background...
While Stans refused to talk to newsmen, the Nixon finance committee claimed in a release that "at no time during the campaign did he [Stans] suggest to any contributor that a contribution be made in cash." The committee contended that it was Vesco who wanted to avoid paying by check. Yet Sears' deposition claims that Vesco expressed "some trepidation" about making a cash donation and wanted to check the Nixon committee again to make sure that cash was what it wanted. Sears testified that Edward Nixon, who made numerous speeches in the re-election campaign, was summoned to Vesco...
...will be up to Nixon's Justice Department to determine whether his committee will be prosecuted for its handling of the Vesco money. The Justice Department may also try to determine whether the money came from Vesco's private funds or whether, as some reports indicated, from a bank in either Luxembourg or the Bahamas that is controlled by a Vesco corporation. The latter would be a possible double violation because no campaign committee is allowed to accept money from either a corporation or a foreign source...