-Caveat Lector-
 
----- Original Message -----
Sent: Tuesday, March 25, 2003 1:01 PM
Subject: Non-Partisan Judicial Watch Demands New Inquiry of Perle & Role of Li Ka-Shing

For Immediate Release
Mar 25, 2003
Contact: Press Office
202-646-5172




HYPOCRITICAL CONYERS SEEKS INQUIRY OF PERLE’S APPARENT CONFLICTS OF INTEREST WHILE IGNORING ROLES OF CLINTON, MCAULIFFE AND COHEN IN GLOBAL CROSSING SCANDAL

Non-Partisan Judicial Watch Demands New Inquiry of Perle & Role of Li Ka-Shing

Global Crossing Shareholder Lawsuit Filed By Judicial Watch in May 2002


(Washington, DC) Judicial Watch, the public interest group that investigates and prosecutes government corruption and abuse, said today that it was disappointed by the hypocritical and politically opportunistic requests of Congressman John Conyers of Michigan for a Defense Department investigation of possible conflicts of interest by Defense Advisory Board Chairman Richard Perle in his actions as an advisor to the telecommunications firm Global Crossing. Congressman Conyers has remained mute concerning Democratic National Committee Chairman Terry McAuliffe’s allegedly conspiring with Global Crossing directors and officers to inflate and artificially enhance Global Crossing’s income and market price of its stock, while allegedly arranging and participating in a political payoff scheme to former President Bill Clinton in exchange for political favors and favorable official actions. Congressman Conyers seems also to have ignored former Clinton administration Defense Secretary, and Global Crossing board member, William S. Cohen’s alleged conspiracy to “pump and dump” Global Crossing stock, and alleged corrupt awarding of government contracts.

Judicial Watch filed suit on behalf of shareholders of Global Crossing against directors and officers of the corporation, and others, on May 7, 2002. Global Crossing is up for sale to Hutchison Whampoa, a powerful conglomerate controlled by Hong Kong billionaire and Chinese government agent Li Ka-Shing. In 1999, Hutchison Whampoa – against U.S. security interests – took control of the ports on both ends of the Panama Canal.

Judicial Watch is filing formal ethics complaints and requests for investigation with the Office of Government Ethics and the Inspectors General of several government departments concerning Mr. Perle’s apparent conflicts of interest in the Global Crossing matter, as well as his activities on behalf of software company, Autonomy, and a venture capital firm, Trireme Partners. Judicial Watch encourages Congressman Conyers to seek a full investigation of his Democratic colleagues and their ethically questionable practices as well.

“What’s good for the goose is good for the gander. Turning a blind eye to ethical questions within one’s own party only furthers the dishonesty and corruption that’s rampant in Washington, DC. Judicial Watch seeks the whole, unvarnished truth in these matters,” stated Judicial Watch Chairman and General Counsel Larry Klayman.


© Copyright 1997-2003, Judicial Watch, Inc.


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