Bob Mercer puzzles through the deliberately dizzying financials of the EB-5 visa investment program that Joop Bollen privately and secretively administered through SDRC Inc. for the Governor's Office of Economic Development until Governor Dennis Daugaard canceled his lucrative state contract…
Posts tagged as “Joop Bollen”
Chairman Gant and Legislature Missed Opportunity for Strong Oversight My friend Scott Meyer asked in a provocative column last weekend why then-Governor Mike Rounds and current Governor Dennis Daugaard chose to focus South Dakota's EB-5 visa investor program on huge…
Marion Michael Rounds says he didn't read the contract, but David Montgomery writes that Rounds signed off on the plan to turn South Dakota's EB-5 visa investor program over to an insufficiently supervised private operator Joop Bollen: Then-Gov. Mike Rounds…
Joop Bollen, you have the right to remain silent. For your sake, you might want to exercise it. If you keep saying absurd things like the following, no one will believe anything you say: The director of the South Dakota…
Rule #1 for any political scandal: follow the money. David Montgomery gives us an idea of how much money there is to follow in the EB-5 visa scandal facing South Dakota's state economic development program: millions of dollars in "closing"…
While Pat Powers shouts with capital letters to distract us from his embarrasing silence on the GOED/SDRC/EB-5/Benda/Rounds investigations, I'm reading various documents relating to the case. Among them is a perhaps trivial remark that speaks volumes about the attitude of…
What did they know and when did they know it? In the investigations of financial misconduct in the Governor's Office of Economic Development, we don't know much about the answer to the first question. Indications are that the feds are…
Clean-up on Aisle EB-5! Governor Dennis Daugaard quietly cancelled his Office of Economic Development's five-year EB-5 vias management contract with SDRC Inc. on September 19. The cancellation letter included terse demands for SDRC Inc. to surrender documents and money to…