…in which Our Brrrrrrrrave Gal approved the transfer of 20% of the U.S. ongoing supply of uranium to Russian control, while taking millions in Russian- and/or deal-related donations.
I’m following this New York Times article from April 2015:
…the Russian atomic energy agency, Rosatom, [took] over a Canadian company with uranium-mining stakes stretching from Central Asia to the American West. The deal…brought Mr. Putin closer to his goal of controlling much of the global uranium supply chain…
At the heart of the tale are several men, leaders of the Canadian mining industry, who have been major donors to the charitable endeavors of former President Bill Clinton and his family. Members of that group built, financed and eventually sold off to the Russians a company that would become known as Uranium One.
…the sale gave the Russians control of one-fifth of all uranium production capacity in the United States…the deal had to be approved by a committee composed of representatives from a number of United States government agencies. Among [them] was the State Department, then headed by Mr. Clinton’s wife, Hillary Rodham Clinton.
As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation. Uranium One’s chairman used his family foundation to make four donations totaling $2.35 million. Those contributions were not publicly disclosed by the Clintons, despite an agreement Mrs. Clinton had struck with the Obama White House to publicly identify all donors. Other people with ties to the company made donations as well.
And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium One stock.
At the time, both Rosatom and the United States government made promises intended to ease concerns…Those promises have been repeatedly broken, records show…
Whether the donations played any role in the approval of the uranium deal is unknown. [ed: Riiiiiight.] But the episode underscores the special ethical challenges presented by the Clinton Foundation, headed by a former president who relied heavily on foreign cash to accumulate $250 million in assets even as his wife helped steer American foreign policy as secretary of state, presiding over decisions with the potential to benefit the foundation’s donors…
The article continues with pages of details. One tiny sample:
The path to a Russian acquisition of American uranium deposits began in 2005 in Kazakhstan, where the Canadian mining financier Frank Giustra orchestrated his first big uranium deal, with Mr. Clinton at his side.
…several months later, Mr. Giustra had donated $31.3 million to Mr. Clinton’s foundation.
Did the Clintons hide some large donations, possibly showing consciousness of guilt? Yes. Example:
To judge from [Clinton] disclosures…the only Uranium One official to give to the Clinton Foundation was Mr. Telfer, the chairman, and the amount was relatively small: no more than $250,000, and that was in 2007, before talk of a Rosatom deal began percolating.
But a review of tax records in Canada, where Mr. Telfer has a family charity called the Fernwood Foundation, shows that he donated millions of dollars more, during and after the critical time when the foreign investment committee was reviewing his deal with the Russians.
By the way, I didn’t know that “While the United States gets one-fifth of its electrical power from nuclear plants, it produces only around 20 percent of the uranium it needs, and most plants have only 18 to 36 months of reserves…”
- Why would NYT publish such an article? Why in April 2015? On whose hidden agenda?
To be clear: I’m glad they gave us the info. But NYT is usually pro-Hillary. Why would they do something that undercuts her? Because Schweizer’s book was about to come out anyway?
- Why has no Special Counsel ever been appointed to look into all this?
UPDATE: Do the Clintons profit personally from the Clinton Foundation?
I’ve heard conflicting reports, but:
- See above – in this story, a Russian bank gave a $500k speaking fee to Bill personally (not the CF).
- Reports are that the Clinton Foundation covers the Clintons’ generous travel expenses. And calls it part of charity program spending.
- Reports exist that the CF may have paid for Chelsea’s wedding. And pays generous fees to close Clinton associates. And that people who help the CF get donations also arrange for the Clintons to get large personal fees of various kinds.
- If you know more, please tell us in the comments.