Chen Shu Te, the husband of cosmetics group CMM International Group’s founder Cheng Ming Ming, has donated nearly US$500,000 to a group supporting Jeb Bush’s US presidential campaign, according to Bloomberg News.
Chen’s name and address appeared on a list of donors disclosed in August by a super-PAC supporting Bush, the report said.
The retired chief executive of CMM made three separate donations in May totaling US$499,137, it said.
Although super-PACs operate with more freedom than traditional campaigns, they can take money only from people who are US citizens or green card holders.
“We don’t comment on specific donors, but we do have systems in place to ensure compliance with all FEC rules,” the super-PAC, Right to Rise USA, told Bloomberg in an e-mailed statement, referring to the Federal Election Commission.
A person close to Right to Rise was quoted as saying that the group confirmed that Chen had a green card before accepting the donation.
The Bush family has forged a close relationship with China since Jeb Bush’s father, former President George H.W. Bush, served as US envoy to Beijing in the 1970s, the report noted.
Jeb’s brother Neil Bush is president of a company that invests in luxury hotels and high-rises in China.
Right to Rise is also said to have collected US$100,000 contributions from Ronnie Chan, a Hong Kong real-estate billionaire, and Gary Rieschel, a Shanghai-based venture capitalist.
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