Posted 5 years ago on March 5, 2013, 11:03 a.m. EST by TrevorMnemonic
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Sheldon Adelson’s Casino Company Stirs Fresh Questions With Admission It ‘Likely’ Broke Federal Law
by Stephen Engelberg, March 4, 2013
Last week's admission by Sheldon Adelson's casino company that it had "likely" violated provisions of the federal law barring U.S. companies from bribing foreign officials raises some intriguing questions. Chief among them: Which transactions by Las Vegas Sands and its far-flung subsidiaries are at issue?
Adelson, one of the world's richest men, came to public prominence during the 2012 campaign, when he and his wife Miriam donated at least $98 million to various candidates and groups. Included was $30 million for the Restore Our Future super PAC that supported Mitt Romney and $20 million to Winning Our Future, a super PAC that backed Newt Gingrich. Late in the campaign, Adelson asserted that federal investigators had targeted his company because of his political activity.
I think it's pretty obvious all sorts of bribery laws were broken. But then again, I consider that 98 million he spent on this past election to be a form of bribery. While he may have lost his bet on the big ticket this past election, he won in Congress and at the state level and has for many years. I wonder what kickbacks his hired politicians give out? Definite bribery.