The progressive political group Campaign for Accountability has retracted its call for a congressional and Federal Election Commission investigation into alleged illegal activities of Las Vegas Sands Chairman Sheldon Adelson, and has formally apologized to the casino mogul.
The group had called for investigations into whether foreign money is illegally funding campaign contributions being made by Adelson, one of the country’s largest contributors to conservative Republican candidates. In that announcement, the group repeated allegations about LVS and Adelson’s dealings with junket operators with alleged organized crime triads—a subject previously aired out in court in the wrongful termination lawsuit filed by former Sands China chief Steve Jacobs.
At the time, an LVS spokesman dismissed the announcement as an “obvious political propaganda stunt.” Last week’s announcement from Campaign for Accountability seems to bolster that argument.
“(Campaign for Accountability) apologizes to Mr. Adelson and his family for resurrecting allegations that have caused him deep hurt,” the group said in a statement.