The former president and CEO of Sands China, Steven Jacobs, Wednesday filed a court case for breach of contract against the company’s parent company, Las Vegas Sands. In the court case, Mr Jacobs alleges he was wrongfully fired. He also says Las Vegas Sands owes him millions of dollars in salary, bonuses and stock options, Las Vegas Review-Journal reported. Mr Jacobs was sacked in July. Mr Jacobs’ attorney, Don Campbell, wrote in the court papers that Mr Adelson told Mr Jacobs to use "improper leverage against senior government officials of Macau". For instance, Mr Adelson allegedly ordered Mr Jacobs to "threaten to withhold Sands China business from prominent Chinese banks unless they agreed to use influence with newly elected senior government officials of Macau in order to … obtain favourable treatment with regards to labour quotas and table limits." Allegedly, Mr Adelson also wanted "secret investigations [to] be performed regarding the business and financial affairs of various high-ranking members of the Macau government so that any negative information obtained could be used to exert ‘leverage’ in order to thwart government regulations/initiatives viewed as adverse” to Sands China’s interests. Another alleged conflict between Mr Jacobs and Mr Adelson was regarding the “use of the legal services of Macau attorney Leonel Alves”, who is also a legislator and member of Macau’s Executive Council. Mr Jacobs had concerns that Mr. Alves’ retention could pose “serious risks" linked to the US Foreign Corrupt Practices Act.
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