LAX TRACON COORD CTLR APPROVED A POINT-OUT OF A BE30 ON VISUAL APCH TO SMO ARPT FROM THE N. COORDINATOR OBSERVED BE30 CONFLICT WITH AN OPPOSITE DIRECTION TB20. COORDINATOR CALLED SMO TWR TO RESOLVE CONFLICT. SUPVR INVESTIGATION DETERMINED THERE WAS NO LOSS OF SEPARATION. RPTR BELIEVES MGMNT IS COVERING UP ERRORS.

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THIS EVENT OCCURRED WHILE I WAS WORKING THE CI1 (DEP COORDINATOR) POS AT SOCAL TRACON; LOS ANGELES AREA. I APPROVED A POINT-OUT ON A BE30 WHO WAS CLRED FOR A VISUAL APCH TO RWY 3 AT SMO. THE ACFT WAS BEING WORKED BY THE VALLEY SECTOR. WHEN I APPROVED THE POINT-OUT THE BE30 WAS ABOUT 15 MI N OF SMO. THE TB20 WAS WBOUND OVER SMO CLBING OUT OF 2000 FT FOR 5000 FT. AS THE BE30 ENTERED LOS ANGELES AREA AIRSPACE NEAR BEVEY; I OBSERVED THE TARGET TURN L TO ENTER A DIRECT R DOWNWIND FOR RWY 3. AT THIS POINT TB20 WAS 3 MI NW OF SMO HDG 020 DEGS OUT OF 3000 FT FOR 5000 FT. THE BE30 WAS 5 MI NE OF SMO DSNDING OUT OF 4500 FT. EVERYTHING LOOKS NORMAL. SHORTLY THEREAFTER I OBSERVE THE BE30 TURN R TO SETUP FOR A L DOWNWIND TO RWY 3. THE COURSE WAS CONVERGING WITH THE TB20. I IMMEDIATELY CALLED SMO TWR AND TOLD THEM TO TURN THE BE30 L NOW. AS I WAS ON THE LINE TO THE TWR THE RADAR CTLR ISSUED TFC TO THE TB20; '...2 O'CLOCK 4 MI.' QUICKLY SEPARATION WAS 2 MI AND 800 FT. I RPTED THE INCIDENT TO MY SUPVR. HE LISTENED TO THE VOICE TAPE; HEARD '...2 O'CLOCK 4 MI' AND DETERMINED THERE TO BE NO LOSS OF SEPARATION. A CDR WAS NOT DONE. ANOTHER OPERROR COVERED UP AT SOCAL TRACON.