California Denies Complaint from Carlos Slim's Firm

By: AP Email
By: AP Email

SACRAMENTO, Calif. (AP) - A California political watchdog agency says an immigrant rights group didn't violate lobbying laws, contrary to allegations from a company owned by the world's richest man, Mexican billionaire Carlos Slim.

The Los Angeles Times reports telephone tycoon Slim's Tracfone Wireless Inc. filed a complaint alleging Two Countries, One Voice used phony grass-roots organizations to influence the American government.

The California Fair Political Practices Commission says there's insufficient evidence to support that allegation.

The rights group says Slim is a political enemy exacting retaliation over their accusations Slim and his companies of monopolistic business practices and support for legislation that would slow his business' progress to expansion.

For the fourth consecutive year, Slim was named the world's richest man by Forbes in March, when his net worth tallied $73 billion.

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