ASATUNEWS - James Riady and the Lippo name once worldwide due to the discovery of the first case of illegal donations to campaign funds President of the United States ( U.S. ) Bill Clinton in 1996 , not long after Clinton was inaugurated as U.S. president for a second term .
Lippo scandal or Lippogate began in 1995 , where Clinton was very concerned about the upcoming presidential election . Democrats have been destroyed in accordance House and Senate election results in mid- 1994. Republicans seized the House and Senate for the first time since 1954 . Not only that , the Democratic Party is facing a serious problem in developing public fundraising for the Democrats and Bill Clinton 's campaign team .
Political observers even openly questioned whether Clinton is relevant to follow the presidential debate on the upcoming presidential election campaign season . Defeat in the 1996 presidential election seem inevitable when referring to the catastrophe suffered by the Democratic party in the election of members of the House and Senate in 1994.
The poor performance in 1994 displayed a party , has made the team of consultants that has taken him to victory in 1992 as a disappointment target and scapegoat .
Clinton decided to take a radical strategy in the 1996 presidential election campaign . To support this strategy , Clinton needs a lot of cash and it will require large amounts of cash as soon as possible .
White House to discuss very serious about raising funds to support the Clinton strategy . All parties will be involved in fundraising , including the President and his wife Hilary Clinton , Vice President and all their staff .
However , Democrats face a deadlock from which source to get large amounts of money and time sangkat short ? Democrats no longer hold a majority of Congress so it will not be easy to raise funds from interest groups who want access to and assistance in the legislative process .
Finally, the new plan launched . Democratic Party will develop a creative plan to expand the donor targets . New types of constituents that previously not addressed , will be approached and maximized . Groups such as the Asian - American and foreign companies that have branch / representative in the U.S. will be tilled . Their resources to fund Clinton 's re-election effort .
For 10 months , Clinton attended 237 fundraisers and collected a total of $ 119,200,000 ! ! This amount is more than twice the amount President Bush fundraiser was held in 1992 . Clinton will be successful in fundraising efforts and won re-election over Republican rival Robert ' Bob ' Dole .
However it turns out , the process was successful fundraising , then uncovered embarrassing scandal , the Democratic Party and President Bill Clinton proved to have received donations / contributions from illegal sources . The scandal became known to the world by the name Lippogate ( Lippo scandal ) .
Proved that in order to carry out his plan to raise campaign funds , Clinton asked for help to a longtime friend of the state of Arkansas , including the James Riady owner Worthen Bank , a small bank in Little Rock City that has become an old family friend Clinton .
Riady company is part of the business empire that operates under the name of Lippo Group . Lippo business specializing in banking , real estate , energy and the like it is controlled by his father , Mochtar Riady , a banker and a leading Indonesian conglomerate .
One executive who worked on James Riady named John Huang ( 51 years ) . John Huang was born in China in 1945 and the Huang family had migrated to Taiwan in 1949 when the Communists took over mainland China . John Huang 's father was a general in the Chinese nationalist . Huang graduated from Tatung Institute of Technology in 1967 and served as a Lieutenant in the Air Force Taiwan . He moved to America in 1969 and earned a master's degree in business from the University of Connecticut . Huang became a naturalized U.S. citizen in 1976.
Huang 's career began as a ' trainee at a bank in Washington , DC . Then became an assistant vice president . In 1985 James Riady, Huang recruited as Executive Vice President Director of Lippo Division in Hong Kong . A year later , he became president and ' chief operating officer ' Lippo Bank in Los Angeles .
On many occasions Huang always wanted to increase the political influence of citizens of Asian - Americans . Huang saw that Asian - Americans can increase the influence of Asia - American politics at the local level , but no significant influence in national politics .
Previously , in the 1992 Presidential contest , Huang held a fundraising event that was very successful for Clinton in California who earned U.S. $ 1.25 million dollars from the Asian - American community in Los Angeles . This is the first Asian - Americans are very active in politics Presidential contest .
In 1994 , after receiving a bonus of $ 879,000 , Huang out of the Lippo Group to fill the strategic position of the U.S. Commerce Department . He is the official pemeritah Asian Americans who occupied the highest position .
In the trade department , Huang served as Deputy Minister for international economic policy . Of that work , Huang " had access to the means of communication Embassy , intelligence reports and information used to develop U.S. trade policy that is confidential , including in terms of representing the U.S. government in the negotiations , discussions about trade sanctions and activities with foreign governments and so on .
On several occasions , Huang and James Riady , often a private meeting with the President at the White House . John Huang is known to have visited the White House 52 times .
1996 presidential campaign
In December 1995 , Huang moved to fill executive positions in the fundraising Democratic National Committee ( DNC ) . Immediately after the merger Huang , contributions / donations to the DNC increased tremendously.
A South Korean company called Cheong Am America , Inc. donated $ 250,000 . An event at a Buddhist temple to collect $ 140,000 . An Indonesian couple gave $ 425,000 to the DNC . In July 1996 , in a fundraiser for Clinton in Los Angeles , Huang won half a million dollars .
The President thanked publicly acknowledge the success of John Huang at the DNC . " I want to thank my old friend John Huang to be very effective , " said Clinton praised Huang .
" Frankly , he has become so effective my appreciation to you all to give praise to Huang tonight . " Clinton said again .
In a short period of time and without substantial experience in the area of political fundraising , Huang has won several million dollars . ( To be continued )
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