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Last Friday (July 25), Peter Lowy, LA-based head of U.S. operations for Australia's Westfield shopping center empire, took the fifth amendment before the Senate Permanent Subcommittee on Investigations. Earlier this month, the subcommittee had issued a report charging that Peter Lowy and his father Frank Lowy, Australia's second richest citizen, had stashed $68 million in the tax haven of Liechstenstein. The family denies wrongdoing, but on the advice of his attorney, Robert Bennett, Peter Lowy took the fifth at the hearing Friday. (Bennett was the chap who defended former president Bill Clinton on the Monica Lowinsky charges.) Tomorrow (July 29), Westfield goes before the city council to get permission for a big expansion of its UTC Mall in University City. Deborah Knight of Friends of Rose Canyon says the proposal would be "a $100 million gift to Westfield," which owns several malls in San Diego County and 24 regional malls in the state. Knight says the project would bring traffic from as far away as Carlsbad and add 18,000 vehicle trips a day to freeways that are already at gridlock. Westfield says it will be a green, environmentallhy-friendly mall, but Knight says it will be wholly auto-dependent.
Last Friday (July 25), Peter Lowy, LA-based head of U.S. operations for Australia's Westfield shopping center empire, took the fifth amendment before the Senate Permanent Subcommittee on Investigations. Earlier this month, the subcommittee had issued a report charging that Peter Lowy and his father Frank Lowy, Australia's second richest citizen, had stashed $68 million in the tax haven of Liechstenstein. The family denies wrongdoing, but on the advice of his attorney, Robert Bennett, Peter Lowy took the fifth at the hearing Friday. (Bennett was the chap who defended former president Bill Clinton on the Monica Lowinsky charges.) Tomorrow (July 29), Westfield goes before the city council to get permission for a big expansion of its UTC Mall in University City. Deborah Knight of Friends of Rose Canyon says the proposal would be "a $100 million gift to Westfield," which owns several malls in San Diego County and 24 regional malls in the state. Knight says the project would bring traffic from as far away as Carlsbad and add 18,000 vehicle trips a day to freeways that are already at gridlock. Westfield says it will be a green, environmentallhy-friendly mall, but Knight says it will be wholly auto-dependent.