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Bush brother collected millions from Grace Semi

And women fell at his feet
Wednesday, 26 November 2003, 09:34
A REPORT in the Houston Chronicle said that Neil Bush, President George W. Bush' younger brother, had a lucrative contract with Chinese Grace Semiconductor, even though he admitted he knew nothing about the chip business.

According to the reports, revealed as a result of a divorce filed by his soon to be ex-wife, Bush had a contract with Grace Semi that would deliver $2 million in shares over a five year period.

Bush is a consultant for Grace and is on the board of director, but admitted in depositions he knows zilch about the subject. He was invited to join the board by Winston Wong, a co founder of the company and the son of the Formosa Plastics president. Formosa Plastics is a huge conglomerate that owns Via, FIC, HTC and other IT firms.

Grace Semi is a joint venture between Formosa Plastics and the Chinese government. The son of former dictator Jhiang Zao is a co-founder.

The divorce, according to reports, was prompted by his wife after Bush is alleged to have had hookers visit him in his room unprompted.

He didn't pay for the hookers, because they never asked for money, and he never paid them. So maybe they weren't hookers, and just fancied the cut of his jib.

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