Today The Intercept posted a story about how with the help of the top GOP lawyer on campaign finance, a Chinese Millionaire and his wife used a company called American Pacific International Capital (APIC) to funnel $1.3 million to Jeb Bushes Super PAC. Buried deep in the story however is an Oregon connection.
APIC, which was initially incorporated in Oregon, made contributions between 2010 and 2014 to state and local Oregon politicians, mostly Democrats, totaling about $25,000. The earlier donations include $9,500 given to John Kitzhaber, a Democrat who was elected governor of Oregon in 2010 and 2014 and resigned last year in an unrelated ethics scandal.
The Intercept included a copy of the memo from the GOP Lawyer, Charlie Spies laying out how to launder the foreign money in a way that arguably complies with US law. It appears from the article, that APIC was set up specifically to allow foreigner nationals and their corporations to make unlimited contributions to US politicians using The Citizens United ruling, as well as Mr. Spies legal artifice.
And why did APIC first set up as an Oregon Corporation? Possibly because Oregon has no limits on campaign contributions.
In 2010 through 2012, APIC gave $22,500 to Oregon politicians and causes, including contributions in 2010 of $1,000 to Ted Wheeler and $1,000 to Washington County State Representative Tobias Read. Mr Read is now running as the Democratic nominee for Oregon State Treasurer.Share on Facebook