Chung To Implicate Chinese State Business In Moneytrail
By Pierre Thomas/CNN
WASHINGTON (AllPolitics, March 6) -- CNN has learned controversial Democratic fund-raiser Johnny Chung is prepared to tell U.S. authorities that businessmen from the People's Republic of China, connected to state-run businesses, provided some of the suspicious money Chung gave the Democratic National Committee.
If Chung talks, it could be a dramatic breakthrough in the campaign finance investigation.
The reason: Chung could place investigators a step closer in determining if the Chinese government tried to influence the 1996 campaign.
Chung, a Democratic fund-raiser from Southern California, made some 50 trips to the White House between 1994 and 1996.
Chung gave the DNC more than $300,000, all of which was returned.
Chung's anticipated help is part of an agreement in which he would plead guilty to lesser charges in exchange for his cooperation.
Chung's allegations, of course, will have to be investigated.