http://www.hawaiinewsnow.com/2019/04/13/hart-board-chair-under-federal-investigation-its-not-about-rail-project/

HONOLULU (HawaiiNewsNow) - The FBI is investigating the local electrical workers’ and plumbers’ unions over a $6 million investment in a private company, Hawaii News Now has learned.

Back in December, FBI agents subpoenaed the financial records and board meeting minutes of the IBEW Local 1186 and the Plumbers & Fitters union, Local 675.

Local 1186 is headed by Damien Kim, who also serves as the chairman of the board of the Honolulu Authority for Rapid Transportation.

There is an ongoing federal investigation into the project, but the investigation into the union situation is happening independently of any investigation into rail.

Sources said the feds want to know why Kim and Reginald Castanares, the former leader of the plumber’s union, each invested $3 million in union funds into a company called Pegasus LLC.

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I am not sure if this is the same Pegasus LLC connected to Adrian Hong & Cheollima. Quite a few Pegasus LLC's come up in search