2015-05-13 Regular Session Minutes Board of Ethics

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have been filing numerous petitions,there's tens of thousands of pages of documents and verified documentation as Corporation Counsel Yoshida will verify himself as requested FBI assistance and the assistance of the US Attorney to delve into this corruption. However,there was no follow through as he was chairman of the County Council. What you don't know is the extent of which Mayor Kenoi was actually involved in corruption. You think his frisk in the hostess bar was something, Mayor Kenoi and others were involved in money laundering of tens of millions of dollars of Hawaii County bonds. Here's just one of example: On February 24, 2011 under the signature of Nancy Crawford and Mayor Kenoi an offer was made to the Bank of Hawaii sole source without any open bid for the sale of Series A bonds in the denomination of ten (10)million dollars on March 2 with a maturity date of September 2. The Bank of Hawaii received the documents and confirmed the purchase. Confirmation was made and said. Low and behold, Series B bonds was issued to the Bank of Hawai`i,not a Series A their shadow bonding. By using a Hawaii or a municipal account,therefore the money is held and was bought. The bond was bought by a numbered account apparently from Bank of Hawaii. On that date,there was no authorization for that bond by the County Council. There is no known authorization by the County Council. The bond was sold on very same day the money for ten(10)million dollars was transferred from the Bank of Hawaii to First Hawaiian Bank. Held in a CD account for the sixty (60)days or hundred eight-four(184)days of bond. So what the Mayor was doing is issuing bonds and selling bonds to a non-competitive bid. The Bank of Hawaii numbered account would buy the bonds. The money would be transferred from the Bank of Hawaii to First Hawaiian Bank. Placed in a certificate of deposit under the general fund of the County of Hawaii. Not the under the actual bond or what project it was designed for. Upon maturity of the bond,the money would therefore transferred back to Bank of Hawaii in payment of bond. Therefore, in the money laundering scheme what you have is squeaky clean money of a ten(10)million dollar return on investment of a municipal bond. Under Hawaii Asset Protection Act that money could therefore be placed into the asset protection program. Corrupt officials could receive anonymously from the trust money paid to them directly in monthly, quarter allowance. Could it be that maybe Mayor Kenoi was using the Pcard of the people's credit in order to float money until he got a free money from this trust? To add to this,the audacity of our Mayor to use his card in a hostess bar. I was military most people do, hostess bar etiquette one oh one. Cash only. Come on folks. The proprietors of these establishments are very well aware of laws and regulations. When you have a high level profile political candidate in there. They know there's some she-bye going on. So where's these selfies of the Mayors