podesta-emails
WSJ: Gifts to Hillary Clinton’s Family Charity Are Scrutinized in Wake of Book
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http://www.wsj.com/articles/gifts-to-hillary-clintons-family-charity-are-scrutinized-in-wake-of-book-1429754883
Gifts to Hillary Clinton’s Family Charity Are Scrutinized in Wake of Book
Hillary Clinton’s State Department was part of a panel that approved the
sale of one of America’s largest uranium mines at the same time a
foundation controlled by the seller’s chairman was making donations to a
Clinton family charity, records reviewed by The Wall Street Journal show.
The $610 million sale of 51% of Uranium One to a unit of Rosatom, Russia’s
state nuclear agency, was approved in 2010 by a U.S. federal committee that
assesses the security implications of foreign investments. The State
Department, which Mrs. Clinton then ran, is one of its members.
Between 2008 and 2012, the Clinton Giustra Sustainable Growth Initiative, a
project of the Clinton Foundation, received $2.35 million from the Fernwood
Foundation, a family charity run by Ian Telfer, chairman of Uranium One
before its sale, according to Canada Revenue Agency records.
The donations were first reported in “Clinton Cash,” a new book by Peter
Schweizer, an editor-at-large at a conservative news website, about the
financial dealings of Mrs. Clinton and former President Bill Clinton. A
copy of the book, set to be released next month, was reviewed by The Wall
Street Journal. The book is to be published by HarperCollins, a
division of News
Corp <http://quotes.wsj.com/NWSA>. <http://quotes.wsj.com/NWSA>, which also
publishes the Journal.
The book adds fresh details to previous reporting by the Journal and others
aboutpotential conflicts
<http://www.wsj.com/articles/hillary-clintons-complex-corporate-ties-1424403002>
between
Mrs. Clinton’s private charitable work and her public activities as
secretary of state. The Journal reported in February that at least 60
companies that lobbied the State Department during her tenure donated a
total of more than $26 million to the Clinton Foundation.
Josh Schwerin, a campaign spokesman for Mrs. Clinton, the front-runner for
Democratic presidential nomination, said the Uranium One sale “went through
the usual process, and the official responsible for managing CFIUS reviews
has stated that the secretary did not intervene with him. This book is
twisting previously known facts into absurd conspiracy theories.”
The campaign on Wednesday also provided a comment from Jose Fernandez, a
former assistant secretary of state who served as the department’s
principal representative on the Committee on Foreign Investment in the
United States, or CFIUS, which reviewed the sale. “Secretary Clinton never
intervened with me on any CFIUS matter,” Mr. Fernandez said.
In response to past questions about possible conflicts, Mrs. Clinton has
said she is proud of the foundation’s work. Earlier this week, she called
the book a distraction from real campaign issues.
Mr. Telfer, in an interview Wednesday, said he made the contributions not
for the sake of the Clintons, but to support his longtime business partner,
Frank Giustra, a Canadian mining executive and longtime Clinton friend who
co-founded the program to spur development in poor countries.
“The donations started before there was any idea of this takeover,” Mr.
Telfer said. “And I can’t imagine Hillary Clinton would have been aware of
this donation to this growth initiative,” he added.
The Fernwood contributions don’t appear on the Clinton Foundation website,
as was required under an agreement between the foundation and the Obama
administration. A Clinton Foundation spokesman referred questions to the
Clinton-Giustra program spokeswoman in Canada, who didn’t respond.
Under the terms of the sale, the company said it wouldn’t seek an export
license to send uranium out of the country, and that executives at the
U.S.-based unit would control the mine, according to a Nuclear Regulatory
Commission report. Uranium One, now a fully owned subsidiary of the Russian
nuclear agency, owns a 300,000-acre mine in Wyoming and could produce up to
half of the U.S. output of uranium this year. Some members of Congress at
the time wrote to the committee calling on it to block the sale.
The Journal confirmed some other instances detailed in the book about Mrs.
Clinton’s official activities and her family charity.
In June 2009, the Clinton Giustra initiative received two million
shares in Polo
Resources <http://quotes.wsj.com/UK/XLON/POL>,
<http://quotes.wsj.com/UK/XLON/POL> a mining investment company headed by
Stephen Dattels, a Canadian businessman, according to a Polo Resources news
release. About two months later, the U.S. ambassador to Bangladesh pushed
the energy adviser to that nation’s prime minister to allow “open pit
mining,” including in Phulbari Mines, where Polo Resources has a stake,
according to a State Department cable released by WikiLeaks. The company
seeking to develop the mine is still waiting for government approval,
according to the firm’s website.
It isn’t known whether the Clinton-Giustra program still owns the shares.
Neither Mr. Dattels nor his foundation nor Polo Resources are listed as
donors by the Clinton Foundation website. Mr. Dattels, who retired in 2013,
and representatives for Polo Resources couldn’t be reached for comment.
Irish billionaire Denis O’Brien, who heads a mobile-phone network provider
called Digicel, won a $2.5 million award in 2011 from a program run by the
State Department’s U.S. Agency for International Development to offer
mobile money services in post-earthquake Haiti. The firm won subsequent
awards. Funds for the awards were provided by the Bill and Melinda Gates
Foundation, while USAID administered the program, with a top Clinton aide
directly overseeing earthquake aid.
Mr. O’Brien has given between $5 million and $10 million to the Clinton
Foundation since its launch. It is unclear whether Mr. O’Brien gave while
Mrs. Clinton was at the State Department because of the way the foundation
discloses its donations.
A USAID spokesman said the company met the criteria laid out in the Haiti
Mobile Money Initiative. A spokesman for Mr. O’Brien said he couldn’t be
reached and declined to comment. The Clinton campaign didn’t respond to
request for comment on Polo Resources or Mr. O’Brien.
--
Jesse Lehrich
Rapid Response
Hillary For America
781-307-2254
@JesseLehrich
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