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NEWS
August 29, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
His boss is James T. Riady, the elusive billionaire who refuses to answer Senate investigators' questions about his relationship with President Clinton. Another of his longtime superiors was John Huang, the fallen Democratic fund-raiser who also is refusing to talk. In fact, James E. Per Lee, president and chief executive officer of LippoBank California, has spent more time with Riady and Huang than any federal agent or congressional staffer assigned to the campaign finance investigations.
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NEWS
August 29, 1997 | DAVID WILLMAN, TIMES STAFF WRITER
His boss is James T. Riady, the elusive billionaire who refuses to answer Senate investigators' questions about his relationship with President Clinton. Another of his longtime superiors was John Huang, the fallen Democratic fund-raiser who also is refusing to talk. In fact, James E. Per Lee, president and chief executive officer of LippoBank California, has spent more time with Riady and Huang than any federal agent or congressional staffer assigned to the campaign finance investigations.
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CALIFORNIA | LOCAL
January 17, 2001
James T. Riady, who heads the worldwide Lippo banking group and is a longtime friend of President Clinton, appeared in Los Angeles federal court Tuesday on charges related to illegal campaign contributions in the 1996 Democratic fund-raising scandal and during previous years. Last week, Riady, 44, of Indonesia, agreed to plead guilty to one felony count of conspiring to make illegal campaign contributions to Democratic candidates through foreign sources.
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
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.
BUSINESS
February 16, 1995 | Times Staff and Wire Reports
First Union to Open L.A. Office, Expand Pacific Network: Charlotte, N.C.-based First Union Corp. said it would open a Los Angeles office in an expansion of its Asian trade-finance alliance with Indonesia-based Lippo Group. The office, in Lippobank of California, will be First Union's first West Coast foothold and its doorway to a Pacific Rim network in Lippo Group offices in Indonesia, Malaysia, the Philippines, Thailand and Vietnam. First Union, the ninth-largest U.S.
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.
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