According to
The Washington Post,
Johnny Chung met Liu in June 1996 through mutual business contacts in
Hong Kong. Liu was looking for a foothold in Western markets. When she visited the U.S. in July 1996, Chung introduced her to
Bill Clinton at a Los Angeles fund raiser. She and Chung also paid a call on the Securities and Exchange Commission in Washington, a meeting arranged by Massachusetts Senator John Kerry, another recipient of Chung's illegal contributions. On the agenda: the procedure for getting a foreign firm listed on American stock exchanges. On August 9, 1996, Liu and Chung formed Marswell Investment, a
Los Angeles corporation that issued 50,000 shares of stock—30,000 for Liu, 20,000 for Chung. And within days, Liu wired $300,000 into Chung's account at a Hong Kong bank, a source familiar with the case told
Time. Most of it was for their new business venture; some went to the D.N.C. Between 1994 and 1996, Chung donated $366,000 to the
Democratic National Committee. Eventually, all of the money was returned. Chung told federal investigators that $35,000 of the money he donated came from China's
military intelligence. Both Liu and the Chinese government denied the claims.
Other events Ren Min Bao (人民報) reported that "Liu Chaoying, together with a business partner, were litigated by The
Kwangtung Provincial Bank in January 2001, which filed civil proceedings in the Hong Kong High Court, alleging that Liu Chaoying and another unnamed businesswoman were the principals involved in a defaulted HK $10 million loan, as loan guarantor, and it ruled that the two are the responsible parties for the loan's repayment."
Sheri Yan and her husband
Roger Uren, a former
Office of National Assessments (ONA) official, were investigated by ASIO on suspicion of spying for China. Uren, former Assistant Secretary responsible for the Asia section of ONA, was found to have removed documents pertaining to Chinese intelligence operations in Australia, and kept them in his apartment. ==Personal life==