Sheldon Adelson admits to bribing foreign officials

Jewish casino mogul Sheldon Adelson, one of the richest men in the world, has informed the Securities and Exchange Commission that his Las Vegas Sands Corporation “likely violated a federal law against bribing foreign officials.”

“[T]here were likely violations of the books and records and internal controls provisions” of the Foreign Corrupt Practices Act, the company said in its annual regulatory report published on Friday.

Sheldon Adelson 21 June 2010 Sheldon Adelson admits to bribing foreign officials

Sheldon Adelson (Photo credit: Wikipedia)

Late last year, Adelson reportedly held meetings with at least one House GOP leader to discuss “possible changes to the Foreign Corrupt Practices Act.”

The Las Vegas Sands Corporation is suspected of improperly and in some cases illegally bribing Chinese government officials to expand its business in China.

The company may have violated the Foreign Corrupt Practices Act with a $700,000 payment to a Chinese associate and worked with organized crime gangs to drive business from mainland China to their Macau casino.

Adelson was one of the founders of the neoconservative organization Freedom’s Watch, which agitated for war against Israel’s enemies.

He also owns the Israeli newspaper Israel Hayom.

“He is passionately committed to Jewish life and living, and to Israel,” said Elliot Karp, the director of the Las Vegas Jewish Federation.

Adelson gives huge amounts of money to Jewish causes, such as Birthright Israel, the Yad Vashem “Holocaust” Museum and the Zionist Organization of America.

He said in 2009 that his criteria for giving was “whatever is good for the Jewish community and whatever is good for the State of Israel.”

ThinkProgress

 Sheldon Adelson admits to bribing foreign officials
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