Tuesday, May 27, 2003

Lingle Cabinet
discloses holdings

Financial disclosure statements

One owns more than a million dollars in securities. Another is an animal rights activist. And a few are landlords, while still others are teachers.


May 29, 2003

This story incorrectly reported some incomes and jobs. The corrected information is available via this link.

The Honolulu Star-Bulletin strives to make its news report fair and accurate. If you have a question or comment about news coverage, call Editor Frank Bridgewater at 529-4791 or email him at

Today, they have one thing in common: serving as a Cabinet member for Gov. Linda Lingle.

As the Lingle administration approaches its first six months in office, financial disclosure statements filed earlier this year by the governor's Cabinet appointees show a group diverse in personal and financial interests.

The reports are due May 31 of each year to the state Ethics Commission and must be filed by all candidates to public office, elected officials, board members and most appointees to the executive branch of government. They are filed so the public can learn about potential conflicts of interest among elected officials, candidates and others in government.

The filings show Theodore Liu, director of the state Department of Business, Economic Development & Tourism, reported ownership of at least $1 million in securities at Morgan Stanley. He also owns between $100,000 and $150,000 in shares of Asia-Pacific Environmental Technologies, an environmental services company.

Liu reported income last year of between $150,000 and $250,000 as a consultant for Atlas Air Inc., based in Purchase, N.Y. He also earned less than $10,000 as a consultant for the DBEDT for a December 2001 China mission.

Liu faced scrutiny by state senators earlier this year because he was co-founder of the private equity firm PacifiCap Group, which won a $3 million venture capital investment from DBEDT in 2001. Liu has since divested himself of ownership of that company and has no economic interest in it.

Mark Recktenwald, director of the state Department of Commerce & Consumer Affairs, listed himself as a director and vice president of Animal Rights Hawaii, an advocacy group. A Lingle news release last December that announced Recktenwald's appointment described the attorney as "a prosecutor of wildlife crimes."

Meanwhile, a few of Lingle's appointees are also landlords. Jane Kadohiro, deputy health director, disclosed $19,680 in rental income last year. Agriculture Director Sandra Lee Kunimoto listed between $10,000 and $25,000 in rental income from her Date Street property. She also earned less than $10,000 in revenue for renting her property at Waialae Gardens.

Kathleen Watanabe, director of the Department of Human Resources Development, reported rental income last year of $11,400 from two properties on Kauai.

Even Lingle is a landlord. Her filings show income of less than $10,000 last year for each of two rental properties on Main Street in Wailuku. One of the properties is valued at $85,900, the other at $106,200.

The rent was the only income the former Maui mayor and councilwoman listed for 2002, in which she served as chairwoman of the Hawaii Republican Party before resigning to focus on her gubernatorial campaign for last fall's general election.


Financial disclosure
statements for
Lingle’s Cabinet

Here is a brief summary of information from financial disclosure statements for 2002 filed earlier this year by Gov. Lingle's Cabinet members. This information can be found at the state Ethics Commission Web site at

>> Nelson Befitel, labor and industrial relations director: Income of between $50,000 and $100,000 as an attorney.

>> Mark Bennett, attorney general: Income of between $150,000 and $250,000 as an attorney. Sold all shares of R.J. Reynolds and Dreyfus Founders Worldwide fund last December and owns three properties in Honolulu valued between $650,000 and $1.25 million.

>> Chiyomi Fukino, also known as Chiyomi Fukino Cutler, health director: Income of between $205,000 and $375,000 as a doctor. Owns 13 percent of Ammon Entertainment, which sells entertainment discount coupon books.

>> Rodney Haraga, transportation director: Income between $50,000 and $100,000 as a project manager for KFC Engineering Management.

>> Gary Ishikawa, deputy adjutant general: Income between $85,000 and $175,000 as the Honolulu Board of Water Supply chief operations officer.

>> Jane Kadohiro, deputy health director: Income of about $116,000 as a doctor and as president of Hanalei Trends, an import/wholesale company.

>> Micah Kane, Hawaiian Homes chairman: Income of $100,000 and $200,000 as an attorney and chairman of the Hawaii Republican Party. A director of the Konishiki Kids Foundation and a board member of Sisters Offering Support.

>> Georgina Kawamura, budget and finance director: Income of between $50,000 and $100,000 as a staff planner at Castle & Cooke Resorts and as a construction inspector for Maui County.

>> Janice Kemp, human resources development deputy director: She did not list an income. Owns a Mililani home valued between $250,000 and $500,000. She serves as a director of St. Francis Parents Friends Teachers Guild.

>> Lillian Koller, human services director: Income of between $36,000 and $85,000. She is a real estate broker.

>> Sandra Lee Kunimoto, agriculture director: Income of between $61,000 and $135,000. Serves as a director of Organization of Women Leaders.

>> Robert Lee, adjutant general: Income of between $350,000 and $425,000, which includes serving as general manager of Perot Government Systems and as a state social worker.

>> Theodore Liu, Business, Economic Development & Tourism director: Owns shares in environmental services company valued up to $150,000. Also owns at least $1 million in securities at Morgan Stanley. Liu is a director at First Presbyterian Church of Honolulu and a director at Hawaiian Island Ministries.

>> James Propotnick, interim public safety director: Income of $68,000 from the federal retirement system.

>> Russ Saito, Department of Accounting & General Services director: Income between $51,000 and $110,000.

>> Mark Recktenwald, Department of Commerce & Consumer Affairs director: Income between $150,000 and $250,000, most of it for legal services while working for the U.S. Department of Justice.

>> Lawrence Reifurth, DCCA deputy: Income of between $75,000 and $150,000 as an attorney. Also owns half of Hale Molowai Inc., a Haleiwa beach house he owns with his brother.

>> Stanley Shiraki, budget and finance deputy director: Income of between $50,000 and $100,000 as budget director. Also worked as a teacher at Kalaheo High School.

>> Katherine Thomason, DAGS deputy director: Income of between $175,000 and $300,000 as an accountant and attorney. Owns 40 percent of IMA Inc., an accounting and tax firm.

>> Kathleen Watanabe, human resources development director: Income of $191,900 as an attorney, personnel program manager, state retiree, Youth-at-Risk program coordinator and from rental income. Owns three properties in Kapaa, Kauai, valued at $855,000.

>> Peter Young, Department of Land & Natural Resources director: Income of between $85,000 and $175,000, which includes income as a teacher at Waimea Elementary School.


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