Steve Buyer: “What was very concerning to me was to learn that in 1996 Loral and Hughes had exported commercial satellites to China to…”

“What was very concerning to me was to learn that in 1996 Loral and Hughes had exported commercial satellites to China to launch the Chinese missile and then, in fact, it had exploded. A Loral subsidiary provided technicians and a report on improving the reliability of the Long March Rocket without first consulting U.S. officials. And then to learn that the Chinese military officer, in fact, had funneled $100,000 to the Clinton campaign, allegedly through Johnny Chung. We also have Mr. Schwartz, the chairman of Loral Space Communications, who was the leading soft money donor for the Democrat Party in 1996 in the amount of $366,000. Subsequently, there was a Justice Department investigation. And then in February of 1998 the Justice Department criminal inquiry was dealt a very serious blow when President Clinton quietly approved the export to China of similar guidance technology by Loral. Basically, what that did was then defunct the Justice Department investigation. There are so many allegations that are happening in this town with regard to the administration and what is going on, I cannot even keep up with them.”