Live!
Fri 03 Sep 2010
- The award-winning student news website of Imperial College

NOTICE: Due to a large amount of spam, a new CAPTCHA has been added to the discussion form. You will need to correctly fill in the two words shown in the image each time you submit a comment. Failure to do so may result in the loss of everything you have typed, so please don't forget this bit.

Live! - News

Tanaka arrested

Jun 01 2005 22:15
Killer Rabbit
Dr Gary Tanaka, Imperial College Alumnus and Benefactor, has been arrested for alleged misappropriation of investment funds.
It's been called "a white elephant" before now, but what about a white Racehorse?

Dr Gary Tanaka and business partner Alberto Vilar were arrested yesterday for allegedly using investors' money for personal spending.

An investor with their company, Amerindo Investment Advisors Inc., claims that $5 million invested with their company was missing, have been deposited into Vilar's personal Panamanian bank account, which was overdrawn by $428,122 at the time, and used by Vilar to pay off various personal debts.

According to CNN, Both Vilar and Tanaka are charged with "three counts of scheming to defraud, obtain money by false pretense and wire investor funds across state lines with the intent of converting the money to personal use."

It is alleged that this money was also the source of a $540,000 donation made by Vilar to his former College, Washington & Jefferson College, who were apparently going to name a building after their suddenly beloved alumnus (and what College wouldn't?)

A separate allegation suggests that Tanaka used Investors' funds to purchase at least three Thoroughbred racehorses.

However, there is no suggestion that any funds donated or offered to Imperial College were misappropriated. The College's new director of communications has said that the situation is "a matter for Dr Tanaka and not a matter for Imperial College."

Should the pair be found guilty, it is as yet unknown whether Imperial may consider renaming their business school after a more suitable role model for their students; i.e. one more adept at not getting caught.

Email this Article | Share on Facebook | Print this Article

Discussion about “Tanaka arrested”

The comments below are unmoderated submissions by Live! readers. The Editor accepts no liability for their content, nor for any offence caused by them. Any complaints should be directed to the Editor.
Jun 02 2005 00:06
 

Has he actually coughed up for the building yet?

Jun 03 2005 17:22
 

What Tanaka has actually achieved is amazing despite this - that is if he actualy did it.

Most great people have their eccentricities and weaknesses.

3. Bob   
Jun 03 2005 19:36
 

Theft and fraud is a weakness? If someone stole your wallet and phone would you still be prepared to accept that, well actually, they're not all that bad. And this is considerably worse.

Grow up Sanjeev.

Jun 03 2005 22:39
 

Actually, Sanjeev's statement is based on his definition of "greatness". If he considers it to be embodied by half dozen investment w**kers or similarly characterised professionals, well then that can be presumed to be the limit of Sanjeev's understanding of greatness.

Jun 04 2005 14:21
 

ICU should campaign to free Gary Tanaka

GARY TANAKA IS INNOCENT

6. tom t   
Jun 04 2005 15:36
 

Sid what worries me is that you attribute any form of understanding to Sanjeev ;)

Great could in this case mean rich, or dishonest, or large, or American, or,...

And inquisitor, i'm lead to believe that Tanaka hasn't yet fully coughed up. I think he pledged to cough up in installments over a ten year period... (presumably if his great 'entrepreneurial' skills went undetected)

But don't forget he hasn't been found guilty yet.

Jun 05 2005 02:09
 

Yes, theft and fraud are a weakness - yes, they are also illegal. Do you not think that doing something illegal is a weakness?

However, at no point in my original statement did I say that theft and fraud are a weakness.

Learn to read Bob.

8. Bob   
Jun 05 2005 11:41
 

"Most great people have their eccentricities and weaknesses."

To me that seems to be an admission that Tanaka has weaknesses. And as you seem to think that Tanaka is otherwise great, I think that implies that his only weakness is his penchant for (alledgedly) collecting racehorses on other people's behalfs (though not always with their permission it seems).

To put it all in nice easy words - you think fraud and theft are only a weakness. I think they are considerably more than that.

Thanks

x

Jul 05 2005 14:08
 

Seems like an ideal candidate for a Directorship at a City Bank (once he gets out).

Jul 12 2005 22:40
 

Tanaka has weakness as do all humans.

I do not think Tanaka is otherwise great, i do not know the chap. However, if I did, your argument would still clearly be wrong as implying someone is great does not imply they only have one weakness and no one is in a position to speculate as to a persons entire array of weaknesses.

To put it all in nice easy words - suck a lemon.

x

11. Bob   
Jul 20 2005 21:22
 

I can't really remember where this argument started, nor can I be bothered to work out what the logic behind it was. And while normally that would never stop me from trading inane banter with you Sanjeev I have bigger fish to fry right now. And actually, that lemon should go quite nicely.

Thanks

x

Aug 04 2005 13:01
 

NEws just in: Gary Tanaka has pleaded not guilty to the charges against him. I for one am looking foward to Mr Tanaka's long walk to freedom. Free Gary Tanaka!!!

Aug 08 2005 00:54
 

I for one think Barbar Ahmed is more innocent than Tanaka - bet Tanaka gets off though, all the rich people do.

Aug 08 2005 10:20
 

Babar Ahmed is guilty as sin - did anyone see that documentary on him The New Al Qaeda? The guy was an absolute mastermind - 'pioneer' of internet terrorist websites. He was the first guy to do this whole internet terrorist website thing in the early nineties.

Gary Tanaka on the other hand is a philanthropist.

Aug 09 2005 18:00
 

George W Bush is guilty as sin - did anyone see that documentary on him 'Project New American Century'? The guy was an absolute mastermind - 'pioneer' of internet right wing fanatic websites. He was the first guy to do this whole internet right wing fanatic website thing in the early nineties.

Babar Ahmad on the other hand is a David fighting extradition to the land of Goliath (and Guantanamo Bay).

Aug 11 2005 14:31
 

Very clever. I can see what you've done there. But im not a big fan of Bush either.

haha - don't think the union will still campaign for babar ahmed next year.

17. tom t   
Aug 18 2005 13:22
 

>>haha - don't think the union will still campaign for babar ahmed next year.

Colin Smith hasn't left quite yet, has he? Suppose the new President won't care so much what others think of her and just get on with the job, rather than getting on with schmoozing with Sir this and Lord that...

18. Mum   
Aug 25 2005 18:46
 

Oh the irony!

Isn't the main point of this being missed? That (ALL) people have a right to a fair trial.

We don't and can't know whether Tanaka or Ahmed of Mr B. Builder are guilty/innocent and it's not up to us or the media or the home secretary but is up to the courts.

That's what the Ahmed campaign is about: his right to a trial. Tanaka, I hope, we can safely assume will get one of these too.

19. Mum   
Aug 25 2005 18:47
 

"Tanaka or Ahmed OR Mr B. Builder" sorry

Sep 09 2005 14:45
 

that documentary seemed pretty clear on Babar Ahmad. I dont know if hes guilty but he had extreme views for someone at imperial - who knows he was a member of islamic soc (not to point fingers of course) but isnt there a question about the union combatting extremism? how many bombs does it take? what kind of community is it when nobody pays attention to this situation. it wont be long b4 the hard left islamists take over the union at this rate.

Sep 09 2005 15:01
 

and screw bush as well b4 anyone says.

22. Editor   
Sep 13 2005 14:44
 

The previous comments by 'observer' have been removed.

Discriminatory or accusatory comments made against individuals or groups either from within or outside of the College will not be tolerated on this site.

Sep 13 2005 15:05
 

What discriminatory remarks?

I have posted 3 FACTS , one that the Islamic society has invited speakers of a dubious record (I will not give their names in case cenored again) but will note that one is acknowledged as the representative of an international terrorist organisation in Britain- as revealed in a panorama documentary and the other is an akcnowledged supporter of Islamic fundamentalist terrorism and on the record for saying so. I posted the Fact that a member- who shall remain nameless again of the society is now in prison facing extradition to the USA for being "Al-Qaeda's number one internet expert in Europe" and for running websites advocating terrorism, hosting videos of be-headings, glorifying suicide bombers and raising funds for such people. Thirdly- that the Union is aware of this and has done nothing- in fact instead of investigating these hate-mongers- known for their vile anti-western, anti semitic views and support for jihadi terror the Union has used its funds to support a campaign to Free this enlightened indivdiual currently residng at her majesty's pleasure.

Perhaps, if this was a serious journalistic organ, and not a forum for Hacks and censited by the Far Left socialists worker hacks (some of whom are in charge of the various pro-terorist campaings) than front page coverage would have been given to this issue- which is the LARGEST SCANDAL TO HIT IC in decades. perhaps though that is why i am trying to be hushed up as are other campaigners for the truth.

Sep 13 2005 15:11
 

What discriminatory remarks? This is utter nonsense. There is censorship of the truth? Why?

I have posted 3 FACTS , one that the Islamic society has invited speakers of a dubious record (I will not give their names in case censored again) but will note that one is acknowledged as the representative of an international terrorist organisation in Britain- as revealed in a panorama documentary and the other is an akcnowledged supporter of Islamic fundamentalist terrorism and on the record for saying so. I posted the FACT that a member of Islamic society - who shall remain nameless again - is now in prison facing extradition to the USA for being "Al-Qaeda's number one internet expert in Europe" and for running websites advocating terrorism, hosting videos of beheadings, glorifying suicide bombers and raising funds for such Terrorists. Thirdly- that the Union is aware of this and has done NOTHING- in fact instead of investigating these hate-mongers- known for their vile anti-western, anti semitic views and support for jihadi terror, the Union has used its funds to support a campaign to free this enlightened indivdiual currently residng at Her Majesty's pleasure.

Perhaps, if this was a serious journalistic organ, and not a forum for Hacks and censoreed by the Far Left "socialists worker" hacks (some of whom are in charge of the various pro-terorist campaings) then front page coverage would have been given to this issue- which is the LARGEST SCANDAL TO HIT IC in decades!!!

perhaps though that is why they are trying to hush me up and other campaigners for the truth.

The Scandal is a the censorship but more importantly that such activites a)happened at Imperial and b) will contniue to happen unless the truth is revealed.

Again I call for the opening of a full inquiry into the actions of the Islamic Society and the suspension of their Union priveleges forthwith until all facts are ascertained.

25. Sciv   
Sep 13 2005 16:19
 

How ammusing. At least your comments, observer, have been toned down to not accuse specific people of being terrorists when they have not been to trial.

The ammusing thing is not the comments themselves, which are still quite offensive, but the fact that you haven't found a better place to voice the opinions, for example somewhere where it may make a bit of difference rather, than just offending people. Could I suggest you talk to the union, college security or the police? If you don't have enough evidence to bother talking to them, I suggest you shut up.

26. Editor   
Sep 13 2005 17:24
 

'Observer', As such forums for discussion go, Live! is relatively open minded and not heavily moderated.

Usually the editors will contact the originator of a post if they are unhappy with it's contents and can edit out any problems without the need for direct censorship.

However if you are unwilling to stand by your comments and enter a valid email address via which you can be contacted, then we have little choice other than to simply remove your posts if we deem them inappropriate.

Regards.

Sep 13 2005 21:12
 

"Live!" run by SWSS... now that is a new one, especially considering some previous editors' efforts (in their various other Union capacities) to prevent apparently politically-motivated motions (such as those relating to Mssrs Bush and Ahmed) being considered as a central Union matter.

Sep 13 2005 21:15
 
Sep 13 2005 21:34
 

I am prepared to stand by what I said and therefore have given my real email address. It is very sad to see the raction of the Live Editors who are clearly afraid of the Islamic bigots and therefore censor criticism of these terrorists. While in my previous post I onlt mentioned their support for terrorism and racism, I did not even mention these people's sexism and their barabaric treatment of women. For instance the Islamic community leader and Knight of the Realm Sir Iqbal Sacranie this week spoke out to demand the re-naming of the Holocaust memorial day since he felt- remebrance of the holocaust ostracised muslims around the world. But Indeed he is correct for the holocaust is one of the great anti-semitic atrocities that young Arab man have not played a major part in. One can only assume that Sir Iqbal wishes for the day to be renamed Genocide Awareness Day so that it might further involve the genocidal actions of the Palestinian terrorists against Israel, the Sudanese janjaweed against black christians, the Eritrean limb-Hackers against the Ethiopian christians, the Chechen baby slayers ion Beslan and the Islamists murderos in algeria as well as the massacres of the secular muslim marsh arabs by their good old buddy Saddam. Barbar Ahmed, who has not yet been found guilty under British law of terrorist offences, was running a website to support financially organisations in Chechnya, afghanistan, Israel and actross the Jihadist world. It is clear according to any form of natural justice that those who support the modern genocide are the modern equivalents of those who perpetrated teh Holocaust 60 years ago. So I agree with Sir Iqbal, we should re-name the Holocaust memorial day and condemn all those who engage in such actions today as those which we condemned 60 years ago. It is rather shocking that the Union and this rag see fit to censor me and do nothing about the fascists, anti-semites, homophobes and wife-beaters and their apologists and spend Union money trying to free such scumbags!

Sep 14 2005 15:50
 

I might be mistaken but as I recall the campaign was not to release anyone, it was actually to ensure that he recieved a fair trial.

Sep 15 2005 13:46
 

Indeed, and whatever any observers assume the outcome of such a trial will be, until that outcome is reached then to say categorically that someone did commit criminal offences could still be considered as libellous- an offence in itself, and one that editors must not allow in their publications.

If there are any comments on "Live!" condoning wife-beating, or explicitly displaying anti-semitism or any other racism, then I'm sure the editors would be happy to remove those too.

32. Sam   
Sep 16 2005 01:00
 

> Barbar Ahmed, who has not yet been found

> guilty under British law of terrorist offences,

> was running a website to support financially

> organisations in Chechnya, afghanistan, Israel

> and actross the Jihadist world.

Now, Mr Observer,

I must observe that you are startlingly indiscreet to the point where I don't believe you know c**p all about Barbar's case that you haven't read in the popular press.

1) you are correct that he hasn't been convicted of an offense under English law.

2) he contends that he wasn't running a website, he only did some minor stuff for it.

3) he contends that the groups he was raising money for, if he ran the website, weren't engaged in terrorism.

4) Even if (3) was not true, he contends that he didn't know about it anyway.

Now, I fervently believe that as he has committed no crime in the UK and no evidence of other crimes has been produced, he should be released, but I don't think your badly thought out comments helped the situation.

I believe "Imperial against Imperialism" have at least done some campaigning on this issue - perhaps you should contact Colin Smith or Ash Arya because they seem to know their s**t a little better.

Sep 16 2005 05:22
 

Arwa,

As one of the 2 editors of this esteemed publication I'd like to set a couple of things straight from a personal point of view.

I am not afraid to stand up to anyone of any political, religeous or ethnic background if I believe what they are saying contradicts any of the various regulations under which we opperate which include the Press Complaints code of practice, English law and the ICU Staff Student protocal as well as a long list of other exciting regulations.

As far as you saying 'censoreed by the Far Left "socialists worker" hacks' I wish to point out that I am not a socialist, a member of the socialist workers and as far as any censorship is concerned we only remove posts in order to protect ourselves from legal action or from been shut down. As Nichola comments live is definatly not run by socialist workers (Not because that is rule or policy but just because that is the way the election went), infact, during the Barber Ahmed debate last year I voted against the motion along with the people who were editing live! at the time. If you read *this article*

http://live.cgcu.net/opinion/?id=1009

you will see what I felt of the whole afair.

We will continue to remove posts where we deam it necesary whether they be left wing, right wing or a Boeing 747 wing if you object to this I suggest you move your ranting and obviously not always well researched views (eg on the editors's political views) to another website, probably one not on a union server or a UK server for that matter.

Right, time for me to edit your last post in my official capacity (Which I am not writing in here before anyone asks).

If you wish to discuss the matter face to face with me over a drink please feel free, I can be found on Woodburn Street in Sydney for the next 2 weeks.

34. tom t   
Sep 23 2005 10:17
 

has the above got anything to do with Gary Tanaka and his lack of conviction for fraud?

Sep 23 2005 10:23
 

Extract from:

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2005/06/26/ccscound26.xml&menuId=242&sSheet=/money/2005/06/26/ixcoms.html

At the time the donation was announced, in October 2000, Professor David Norburn, then the director of the Imperial College Management School, described Tanaka as "one of the most exceptional entrepreneurs of our time, which makes him the ideal role model for ? Imperial students."

"Did I really say that?" he asked last week. He says the financial arrangements were largely agreed between Sykes, who took over as Rector at the start of 2001, and Tanaka.

Neither Norburn nor Oxburgh can say whether the ?27m pledge was ever paid in full. "I was the founding director of the school, but my involvement was in giving the brief to the architects on the new building. Basically Sykes plays his cards very close to his chest," says Norburn.

However, he points out that the building was opened on time last year. Had Tanaka stopped funding construction after the stock market started its long descent in 2000 work would almost certainly have come to a halt.

Norburn says that by renaming the entire business school after Tanaka, rather than just the building, the risk for Imperial's reputation is now much greater.

"Richard Sykes decided to rename it the Tanaka Business School - and this was a big surprise to everybody," Norburn says.

"If Gary Tanaka is found guilty, I would imagine it would be a major problem for Imperial. In which case it will probably revert back to the Imperial School, but that is in the future."

Aug 06 2006 21:12
 

Worse than Pete Rose.....

Nov 29 2007 21:16
 

you dodgy imperial lot !!!

39. Ludic   
Dec 14 2007 21:42
 

How about putting a collection box in the lobby of the Tanaka School for a Gary Tanaka defence fund.

FREE GARY TANAKA

Dec 15 2007 17:53
 

What makes you think we want him back?

Dec 16 2007 05:16
 

but we made such a fuss about freeing a terrorist why not do something for a man who donated money to Imperial for a massive glass box

Dec 21 2007 15:18
 

that so-called 'terrorist' Babar Ahmed has not been convicted of anything yet. and people were demonstrating against his deportation- he could have been tried here. you muppet.

43. recoil   
Dec 21 2007 15:21
 

that so-called 'terrorist' Babar Ahmed has not been convicted of anything yet. and people were demonstrating against his deportation- he could have been tried here. you muppet.

Add your comment:

If you can see this, something is broken (either with your browser, or with our system). Please leave the box below empty, or your comment will be considered to be spam.
Live!

Live! Poll

Will England win the World Cup?





Live!