California’s Fair Political Practices Commission has found “no evidence” to support the allegation that the Wanda Group used foreign money to influence the outcome of a local ballot initiative in Beverly Hills in a dispute over who should have the right to develop a piece of property there.
The Wanda Group, the Chinese multinational conglomerate that owns AMC, the world’s largest cinema chain, wants to build a 134-room hotel on a piece of property next door to the Beverly Hilton, which wants to build a 37-story condo tower there.
A measure on the November ballot could decide the outcome of the long-running dispute, but the union representing the hotel’s workers claimed that the Wanda Group had violated state law by using foreign money to influence the vote.
But the FPPC said in a letter to the complantant’s attorney (read it here) that found no evidence to support the allegation, and said that its enforcement division “will not open a case on this matter.”
A spokesman for the Wanda Group has called the allegations “frivolous.”
“Our campaign reports clearly show that this is a campaign fully funded and controlled by American interests with no foreign control or money in any way, shape or form,” said Wanda spokesman Adam Englander.