Alana Goodman of the Washington Free Beacontakes an even closer look at the relationship between controversial Canadian mining tycoon Frank Giustra and the Clinton Foundation. This time, she reports that a company in which Giustra owned a major stake received a $150 million loan from the taxpayer-funded International Finance Corporation (IFC) to build a port and pipeline in Colombia. The loan was made despite IFC concerns about the project’s social and environmental impact. From the story:
The appearance for some time has been that the State Department under Hillary Clinton was turned into sort of a shakedown operation for the Clinton Foundation. Now Alana Goodman of the Washington Free Beacondetails how the Foundation, supposedly a nonprofit entity, operated a private equity fund in Colombia, one of the most corrupt places on earth.
The fund was known as Fondo Acceso, and its “investors” included Mexican crony capitalist Carlos Slim (in photo), a billionaire. Of course, the Clinton Foundation will not say much about how the fund actually operated. From the story:
Alana Goodman of the Washington Free Beaconreports today that emails released by the State Department show that a Clinton Foundation donor asked the State Department to help his company secure loans from the Overseas Private Investment Corporation (OPIC) to build Marriott Hotels in Haiti.
The circumstances add to the impression that under Hillary Clinton the State Department often resembled a commercial enterprise, with the proceeds pouring into the Clinton Foundation. As the article details, Marriott International, its partners and affiliates, and the developer, Richard L. Friedman of Boston, flooded the Clinton Foundation with donations. From the article:
The Supreme Court has declined to hear an appeal from Rep. Charles Rangel (D-NY) who was seeking to overturn his Censure by the House of Representatives. Lower courts had ruled that they have no jurisdiction over internal workings of the House.
Rangel was Censured by the by the entire House of Representatives on December 2, 2010 by a vote of 333-79, the first such action in 27 years.
The action was the result, in part, of investigations by NLPC. Among the counts alleged by the Ethics Committee were Rangel’s failure to pay taxes on rental income from a Dominican Republic beach house, and his failure to report hundreds of thousands in income and assets on his financial disclosure forms.
John Boehner’s Speakership was a setback for Congressional ethics. He backslid on a number of important reforms, and helped to return the Ethics Committee to its traditional role of covering up wrongdoing by incumbent members of Congress.
Boehner ally Rep. Charles Dent (R-PA), the Chairman of the Ethics Committee, is currently orchestrating a whitewash of apparent House rules violations related to a junket by ten House members to Azerbaijan in 2013.
The latest batch of publicly-released State Department emails provide more evidence that a $10 million loan from the Overseas Private Investment Corporation (OPIC) to Clinton Foundation donor Claudio Osorio was made as a result of pressure from Bill and Hillary Clinton.
The loan to a company named InnoVida, owned by Osorio, was supposed to be for building houses in earthquake-ravaged Haiti, but Osorio used the money to finance a lavish lifestyle. Osorio is currently in prison for fraud. OPIC is an independent agency but submits its budget through the State Department.
Lawyers for Senator Robert Menendez (D-NJ) recently asked that several of the counts in the indictment be thrown out because the investigation started after “unproven allegations” that Menendez has sex with underage prostitutes.
In response, the government says it has “corroborated” evidence of this misconduct, even though Menendez was not criminally charged with it. Paul Mulshine of The Newark (NJ) Star-Ledger, has a good account of this legal misstep.
Alana Goodman of the Washington Free Beacontoday details how the Clintons pushed for a $10 million loan from the Overseas Private Investment Corporation (OPIC) to Clinton Foundation donor Claudio Osorio, who now sits in a federal penitentiary, serving a 12-year term for fraud.
The loan was rushed through and Osorio was never required to provide an audited financial statement. The loan was supposed to be for building houses in earthquake-ravaged Haiti, but Osorio instead used the money to fund a lavish lifestyle and to buy off politicians.
In a follow-up to her recent story detailing how Cheryl Mills simultaneously served as State Department Chief of Staff and General Counsel of New York University, Alana Goodman of the Washington Free Beacontoday reports that Mills helped arrange to have Hillary Clinton be the speaker at the 2009 NYU commencement.
The information about Mills' role in the commencement speech was contained in emails released last week by the State Department. From the article:
Former New York Senator Malcolm Smith was yesterday sentenced to seven years in prison for bribery and related offenses. He was convicted in February. A former majority leader in the New York Senate, Smith was defeated for re-election in 2014.
Smith is the latest associate of U.S. Rep. Gregory Meeks (D-NY) headed to jail. Formal investigations of several New York politicians began in 2010 after the National Legal and Policy Center (NLPC) exposed corruption through stories in the New York Post, New York Times and New York Daily News.