Agents from the U.S. Federal Bureau of Investigation visited an office belonging to the operator of a casino on the remote U.S. island of Saipan that has attracted attention for its huge revenues, according to a local legislator and residents.
FBI personnel, accompanied by uniformed police officers, arrived Thursday morning at a local office used by Imperial Pacific International Holdings Ltd., the Hong Kong-based company that owns the Best Sunshine Live casino, local residents said. They stayed for several hours, with local police blocking access to the building.
“There definitely was some kind of investigation or raid being done," said Ed Propst, a member of the territorial legislature. "It appears to be a joint effort between local and federal authorities."
In a stock exchange statement Friday, Imperial Pacific said "neither the Group nor any of its staff has received any investigation notice from any of the U.S. Federal Bureau of Investigation or government departments."
The FBI "is not in a position to comment at this time" on any enforcement actions in Saipan, Michele Ernst, a spokeswoman for the bureau in Hawaii, whose jurisdiction includes the island, said on Thursday.
Saipan local television, KSPN2, reported Thursday that there was an FBI raid at the Best Sunshine office. It’s not known whether Imperial Pacific was the target of any investigation or what law enforcement officials may have been seeking.
Shares of Imperial Pacific traded 5.6 percent lower at 2:11 p.m. in Hong Kong, after falling as much as 17 percent.
Saipan, an island of 50,000 residents closer to China than to Hawaii, relaxed rules on casinos in 2014 and soon awarded Imperial Pacific exclusive rights to open casinos there. The casino, run by an executive who cut his teeth in Atlantic City casinos then owned by Donald Trump, enlisted a slate of luminary overseers including former leaders of both the Republican and Democratic national parties in the U.S.
Its board members include James Woolsey, who ran the U.S. Central Intelligence Agency in the early 1990s and was among national-security advisers to Trump’s presidential campaign. Former FBI director Louis Freeh and Ed Rendell, a former Pennsylvania governor and Democratic National Committee chairman, sit on an advisory committee, as does Haley Barbour, the ex-Mississippi governor and Republican National Committee chairman who’s now a prominent lobbyist.
Woolsey, Freeh and Barbour didn’t immediately respond to requests for comment.