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CAMPAIGN FINANCE HEARINGS

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The Senate campaign finance hearings yesterday established the first direct link between foreign money and a contribution to the Democratic National Committee.

The $50,000 donation was paid by the Lippo Group, the Indonesian conglomerate with close ties to Indonesian dictator Suharto. The payment was made back in 1992 by one of Lippo’s US holding companies which was then managed by John Huang who later became an official in the Clinton administration and a Democratic National Committee fundraiser. Taped excerpts from: • Michael Madigan, the Senate Governmental Affairs Committee lead Repbulican counsel, questioning Juliana Utomo, who worked with John Huang in Los Angeles managing holding companies for the Lippo Group. • Alan Baran, the democratic counsel, questioning Thomas R. Hampson, the head of a Chicago company that researches multinationals.

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