AG: State Officials Were Not Notified of Sale of Nongfu Spring Property Until After the Sale
New Hampshire Attorney General’s report found no legal wrongdoing by officials in the $67 million Chinese-owned property sale but recommended improved disclosure procedures.
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6 Articles
N.H. leaders seek new guardrails on help for foreign investors after outcry over Chinese bottled beverage business - The Boston Globe
Questions were raised after Nongfu Spring made a $67 million purchase in Nashua. Some worried about the property’s proximity to US military facilities and defense contractors.
AG: State officials were not notified of sale of Nongfu Spring property until after the sale
On Monday, the New Hampshire Attorney General's Office revealed the results of a review into the sale of a Nashua warehouse to Nongfu Spring, China's leading bottled water producer.
Attorney General review of Chinese land purchase in Nashua finds no wrongdoing
A state employee who helped facilitate the purchase of a warehouse in Nashua by China-based Nongfu Spring did not violate any laws or policies, but kept key information about the deal from his bosses.
AG: State official waited months before telling superiors about Chinese purchase in Nashua
A state business development manager knew for seven months before telling his superiors that a Chinese beverage company sought to buy Nashua property to locate a large bottling plant, Attorney General John Formella said in a report on the transaction.
AG reports no improprieties in sale of Nashua building to Chinese water business - NH Business Review
New Hampshire’s attorney general says no improprieties by state officials preceded the sale of a large Nashua commercial building to China’s largest water bottler. But Attorney General John Formella’s report to Gov. Kelly Ayotte dated Oct. 3 says the provisions of federal law should have taken place prior to the sale of the 337,391-square-foot building at 80 Northwest Blvd. in Nashua by a subsidiary of Nongfu Spring. A product shot of Nongfu Spr…
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