- Oct 17, 2011
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Elliott Broidy, who was pardoned by Trump, testified in court about his failed attempts to quash a federal investigation of a Malaysian financier
Elliott Broidy, a former top Republican fundraiser who admitted to illegally lobbying the Trump administration on behalf of foreign nationals, described his actions publicly Tuesday for the first time, testifying in court about his failed attempts to quash a federal investigation of a Malaysian financier and to spur U.S. officials to extradite a wealthy Chinese dissident [Miles Guo, currently indicted for crimes in the US] living in New York, whom Beijing had branded a criminal.
Broidy, who pleaded guilty in 2020 to conspiring to violate the Foreign Agents Registration Act and was later pardoned by President Donald Trump [on Trump's last day in office], is cooperating with the Justice Department in criminal cases involving Malaysian financier Low Taek Jho and his associates in the United States. Authorities say Low and others profited from the theft of $4.5 billion from Malaysia’s sovereign wealth fund.
During the 2016 presidential campaign, Broidy, then a Los Angeles-based investor, helped corral big donors to support the Trump campaign. After Trump took office in 2017, Broidy was named deputy finance chairman of the Republican National Committee.
Testifying for the prosecution Tuesday in Michél’s trial, he told the jury about a labyrinthine scheme, hatched in 2017, in which he stood to collect up to $75 million from Low in return for illegally using his influence in the Trump administration to ease Low’s legal woes. But the efforts came to naught. [So he only pocketed $8 million.]
