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James Riady

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NEWS
April 19, 1997 | From Times Staff and Wire Reports
James Riady, the Indonesian tycoon whose support of President Clinton is now a subject of numerous federal investigations, has injected an additional $6 million into his Los Angeles-based bank to satisfy federal regulators. Riady's LippoBank of California also announced that it will trim its work force and will dispose of "a group of nonperforming real estate loans," in an effort to reduce the bank's annual overhead by about $1.2 million.
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CALIFORNIA | LOCAL
March 20, 2001 | DAVID ROSENZWEIG, TIMES STAFF WRITER
James Riady, an Indonesian friend of former President Bill Clinton, pleaded guilty to a felony charge Monday and was fined a record $8.59 million for bankrolling illegal foreign campaign contributions to an assortment of American politicians. "Mistakes have been made which I regret," Riady told Los Angeles federal court Judge Consuelo B. Marshall before being sentenced to two years' probation.
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NEWS
November 5, 1996 | DAVID LAUTER and GLENN BUNTING, TIMES STAFF WRITERS
James Riady, son of one of Indonesia's wealthiest businessmen and a central figure in the growing series of questions about the Clinton administration's Asian fund-raising efforts, visited the White House at least 15 times, perhaps more, during President Clinton's tenure, White House Press Secretary Mike McCurry said Monday.
CALIFORNIA | LOCAL
January 17, 2001
I read that the Justice Department has finally found James T. Riady guilty of "knowingly and willfully conspir[ing] and agree[ing] to defraud the United States" (Jan. 12). But what the article didn't mention was that President Clinton and the DNC were just as guilty in accepting these donations. I wonder how much impetus this money gave to Clinton's reelection? It looks as if crime pays--after all, Clinton won. I wonder how many other illegal donations were made to the Clintons/Democrats that are still undetected?
BUSINESS
May 22, 1999 | Reuters
The U.S. Federal Reserve accused a little-known Caribbean-based firm of illegally acquiring a controlling interest in a Los Angeles bank owned by controversial Indonesian businessman James Riady. Riady and the bank, Lippo Bank California, figured prominently in congressional investigations into questionable fund-raising practices during President Clinton's 1996 reelection campaign. The Fed said BOT Corp.
NEWS
November 3, 1999 | From Associated Press
In interviews with the FBI, fund-raiser John Huang said he was told President Clinton was surprised when Indonesian businessman James T. Riady told him of his plan to raise $1 million in political donations. Hundreds of thousands of dollars in donations to Democratic political committees followed the meeting between Riady and Clinton.
NEWS
January 12, 2001 | ROBERT L. JACKSON, TIMES STAFF WRITER
James T. Riady, a longtime Indonesian friend of President Clinton who heads the worldwide Lippo banking group, pleaded guilty Thursday to conspiracy related to illegal campaign contributions in the 1996 Democratic fund-raising scandal and during the previous eight years. Riady's felony plea agreement, combined with LippoBank California's plea to 86 misdemeanor charges, caps one of the longest-running investigations of the Justice Department's campaign finance task force.
CALIFORNIA | LOCAL
March 20, 2001 | DAVID ROSENZWEIG, TIMES STAFF WRITER
James Riady, an Indonesian friend of former President Bill Clinton, pleaded guilty to a felony charge Monday and was fined a record $8.59 million for bankrolling illegal foreign campaign contributions to an assortment of American politicians. "Mistakes have been made which I regret," Riady told Los Angeles federal court Judge Consuelo B. Marshall before being sentenced to two years' probation.
NEWS
February 23, 1998 | ALAN C. MILLER, TIMES STAFF WRITER
For the last 18 months, they have faced a torrent of allegations, including illegally funneling foreign campaign contributions to support President Clinton's reelection and planting a mole in his administration to glean U.S. government secrets about China. Throughout, Indonesia's billionaire Riady family has remained mute. Until now.
NEWS
December 23, 1996 | Richard T. Cooper, This story was reported by Times staff writers Glenn F. Bunting, Sara Fritz and Alan C. Miller in Washington; Rich Connell, Evelyn Iritani, K. Connie Kang and David Rosenzweig in Los Angeles; and Maggie Farley in Hong Kong. It was written by Richard T. Cooper in Washington
It was a signal occasion, a milestone in the struggle of Asian immigrants to find their place in the American firmament. With the acuity of hindsight, it's clear the elements of the eventual scandal were there too, wanting only more time to reach critical mass and explode.
NEWS
January 12, 2001 | ROBERT L. JACKSON, TIMES STAFF WRITER
James T. Riady, a longtime Indonesian friend of President Clinton who heads the worldwide Lippo banking group, pleaded guilty Thursday to conspiracy related to illegal campaign contributions in the 1996 Democratic fund-raising scandal and during the previous eight years. Riady's felony plea agreement, combined with LippoBank California's plea to 86 misdemeanor charges, caps one of the longest-running investigations of the Justice Department's campaign finance task force.
NEWS
November 3, 1999 | From Associated Press
In interviews with the FBI, fund-raiser John Huang said he was told President Clinton was surprised when Indonesian businessman James T. Riady told him of his plan to raise $1 million in political donations. Hundreds of thousands of dollars in donations to Democratic political committees followed the meeting between Riady and Clinton.
NEWS
October 29, 1999 | ROBERT L. JACKSON, TIMES STAFF WRITER
Former Democratic fund-raiser John Huang has told the FBI that he helped raise $700,000 for President Clinton's first campaign for the White House through an illegal conduit scheme involving foreign-tainted money, a House committee chairman disclosed Thursday. Huang told FBI agents that the illegal scheme was approved by Indonesian businessman James T. Riady, a longtime Clinton friend who heads the worldwide Lippo banking group, according to a lengthy statement read by Rep. Dan Burton (R-Ind.).
BUSINESS
May 22, 1999 | Reuters
The U.S. Federal Reserve accused a little-known Caribbean-based firm of illegally acquiring a controlling interest in a Los Angeles bank owned by controversial Indonesian businessman James Riady. Riady and the bank, Lippo Bank California, figured prominently in congressional investigations into questionable fund-raising practices during President Clinton's 1996 reelection campaign. The Fed said BOT Corp.
NEWS
February 23, 1998 | ALAN C. MILLER, TIMES STAFF WRITER
The assertions are alarming: * Democratic fund-raiser Maria Hsia was "an agent of the Chinese government." * The Chinese Consulate in Los Angeles was the source of $3,000 donated by the family of pro-Beijing entrepreneur Ted Sioeng to boost the campaign of a California Assembly candidate. * Mochtar and James T. Riady, Indonesian financiers and longtime supporters of President Clinton, had a long-term relationship with a Chinese intelligence agency.
NEWS
February 23, 1998 | ALAN C. MILLER, TIMES STAFF WRITER
For the last 18 months, they have faced a torrent of allegations, including illegally funneling foreign campaign contributions to support President Clinton's reelection and planting a mole in his administration to glean U.S. government secrets about China. Throughout, Indonesia's billionaire Riady family has remained mute. Until now.
NEWS
March 19, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
For the third time in less than seven years, federal regulators are moving to impose a severe sanction on Los Angeles-based LippoBank--owned by James Riady, the Indonesian financier who figures prominently in the Democratic fund-raising controversy. People familiar with the matter said that the Federal Deposit Insurance Corp. would act against Riady's LippoBank this month because of its weakened financial condition.
NEWS
October 29, 1999 | ROBERT L. JACKSON, TIMES STAFF WRITER
Former Democratic fund-raiser John Huang has told the FBI that he helped raise $700,000 for President Clinton's first campaign for the White House through an illegal conduit scheme involving foreign-tainted money, a House committee chairman disclosed Thursday. Huang told FBI agents that the illegal scheme was approved by Indonesian businessman James T. Riady, a longtime Clinton friend who heads the worldwide Lippo banking group, according to a lengthy statement read by Rep. Dan Burton (R-Ind.).
NEWS
October 16, 1997 | DAVID WILLMAN and ALAN C. MILLER, TIMES STAFF WRITERS
From softly lit dining rooms at Washington's finest hotels to the Oval Office itself, videotapes made public Wednesday show President Clinton chatting with and at times even embracing some of the more notorious figures of the 1996 campaign. Whether his arm is draped around the shoulder of former star fund-raiser John Huang or whether Clinton is quietly engaging Indonesian billionaire James T.
NEWS
July 13, 1997 | BOB DROGIN, TIMES STAFF WRITER
Shortly before President Clinton flew here for a state visit and regional economic summit in November 1994, longtime friend and local tycoon James T. Riady called contacts in Arkansas and Washington to propose that the president visit the elite school he had just built. "He wanted Clinton to inaugurate his school," said a former Riady aide. "He even named it Hope, the same as Clinton's hometown in Arkansas." But American and Indonesian government officials quickly nixed the trip.
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