US election commission fines Jeb Bush's Super PAC, Chinese company

WASHINGTON: The federal election oversight agency has levied a record fine against the Super PAC that backed former presidential hopeful Jeb Bush, who ran as a Republican in 2016, and a Chinese-owned corporation, according to a watchdog group that filed the initial complaint.

"The Commission expressly acknowledged that the company did not knowingly or wilfully violate any US campaign finance laws," APIC said in a statement provided to Reuters."American Pacific International Capital remains committed to compliance with all campaign finance laws and regulations.

Federal law prohibits foreign nationals or foreign companies from contributing to US political campaigns or candidates.

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