Millions in Coronavirus Relief Loans Went to Chinese Real Estate Company at Center of FBI Bribery Probe

At least $4 million in PPP loans went to a real estate company at the center of a federal bribery investigation involving a Los Angeles city councilman.

by Chuck Ross

The Trump administration loaned between $4 million and $10 million in coronavirus relief funds to a real estate company whose chairman allegedly bribed a Los Angeles city councilman with nearly $260,000 in poker chips, escort services and $600,000 in payments to settle a sexual harassment lawsuit.

Jose Huizar, the city councilman, was arrested on June 23 on charges that he accepted $1.5 million in bribes to help the developers of various real estate projects in downtown L.A.

A federal criminal complaint filed against Huizar said that a Chinese billionaire — identified in court filings only as “Chairman E” — provided bribes to Huizar for help advancing a development project to build a 77-story skyscraper in Los Angeles.

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