The company, Mr. Chao, managed the first place until 2018 and which is now run by mrs. Chao’s sister, Angela, has received hundreds of millions of dollars in loan obligations from a bank run by the Chinese government to build new dry-bulk cargo ships at Chinese-owned yards. In January 2017, Angela Chao becomes a director of Bank of China, one of the top four credit providers in the country.
The Inspector General’s report included the discussion of the trip to China over a meeting with Mr. Chao and a ‘former Chinese high official’, who was one of his classmates and now lives in Shanghai. The report does not name the former government official, but Jiang Zemin, the former Chinese president, has the same university as Mr. Chao attended in the late forties in Shanghai. The school – Shanghai Jiao Tong University – was on the planned itinerary.
Mr. Chao called Mr. Jiang regularly meets on his travels to China. During Mr Jiang’s tenure as leader of the ruling Communist Party from 1989 to 2002, the two met at least six times, The Times reported in 2019. Jiang especially called Mr. Chao and his wife receive in a villa within the communist. Party’s Beijing leadership at the end of August 1989, near the scene of the bloody Tiananmen Square action that took place less than three months earlier.
Me. Chao’s trip was finally canceled only a few weeks before it was to take place – and after plane tickets had been purchased – when Foreign Ministry officials raised their own ethical concerns.
Four days before Mr. Rosen participated in the ethical issues, was Mrs. Chao joins her father and sister at the Harvard Club in New York for signing a contract with a Japanese shipbuilder to deliver two trucks to headquarters, according to a report by a Chinese news media company.
In 2018, staff members of Ms. Chao’s office assisted in editing chapters from a biography of Mr. Chao, although a contributor acknowledges that the publication has no DOT-specific connection ‘, reads the Inspector General’s report. After editing the book, Ms. Chao’s staff drew up a marketing strategy aimed at journalists to improve the profile of Dr. Compile Chao and other organizations such as Columbia University and the shipping company Lloyd’s publication to promote her family.
Steven G. Bradbury, who was the Department of Transportation’s attorney general at the time, told investigators he was “aware of the issue,” telling the family book the agency was working on, “but it is not suitable for the secretary.” to instruct subordinates to work on these publications. ”