Follow The Money
Clinton Cash: More Names Revealed of Foundation Donors Who Benefited from Hillary’s State Department
… Breitbart News – April 23, 2015 …
On Thursday, the New York Times verified and confirmed facts presented in the forthcoming book Clinton Cash which reveals that in October 2010, then-Sec. of State Hillary Rodham Clinton approved the Russian government’s takeover of a company named Uranium One—a decision that gave away half of U.S. uranium output to the Russian government, resulted in the deal’s investors giving the Clinton Foundation $145 million, and occurred while Bill Clinton made hundreds of thousands of dollars in speaking fees paid for by Kremlin-connected businesses.
Breitbart News has also learned the names of several additional Clinton Foundation donors who were the beneficiaries of Hillary Clinton’s State Department policies beyond those revealed by other sources that have reported on Clinton Cash.
Included in the Clinton Foundation donations were $2.35 million in hidden contributions from Canadian executive Ian Telfer that the Clintons never disclosed—a striking and direct violation of the Clintons’ agreement with the Obama administration that all foreign Clinton foundation donations would be publicly disclosed.
Clinton Cash, which contains 57 pages of endnotes totaling over 600 primary sources and contains no off-the-record interviews, establishes the first reported instance of an undisclosed donation by a foreign individual with business before Hillary Clinton during her tenure as Sec. of State.
Alarmingly, until February 2015, Ian Telfer was the chairman of the Russian-controlled Uranium One—the company Hillary Clinton approved as Sec. of State for the Russian takeover of half of U.S. uranium output.
Most shockingly of all: According to the New York Times, despite assurances to the contrary, the transfer of U.S. uranium to Russian control lacked safeguards to prevent uranium dug out of U.S. soil from being exported.
In a 4,000-word, front-page New York Times exposé, Pulitzer Prize-winning investigative reporter Jo Becker and Mike McIntire reported on and confirmed the accuracy of the uranium revelations, one of many featured in the new bombshell book, Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Made Bill and Hillary Rich by three-time New York Times bestselling author, Breitbart News Senior Editor-at-Large, and Government Accountability Institute (GAI) President Peter Schweizer.
According to the Times and Schweizer’s book, former President Bill Clinton and Clinton Foundation mega donor and Canadian mining executive Frank Giustra flew to Kazakhstan in September 2005 and met with Kazakh dictator Nursultan Nazarbeyev. Giustra wanted lucrative uranium mining concessions, and within 48 hours of Clinton and Giustra’s trip, Giustra’s company, then-named UrAsia Energy, signed memos of understanding outlining the transfer of uranium mining assets.
Months after the trip, Giustra transferred $31.1 million to the Clinton Foundation and announced a multi-year commitment to donate $100 million to the Clinton’s family foundation, as well as half of his future profits.
“All of my chips, almost, are on Bill Clinton,” said Giustra. “He can do things and ask for things no one else can.”
UrAsia Energy then transferred its uranium assets through a merger with a company called Uranium One. In 2009, the Russian State Nuclear Agency (ROSATOM) purchased a minority stake in Uranium One. During Hillary Clinton’s tenure as Sec. of State, Clinton served on the Committee on Foreign Investment in the United States (CFIUS), a small executive branch task force created in 1975 to evaluate investment transactions that might have a direct effect on U.S. national security. When CFIUS approved Russia’s October 2010 purchase of Uranium One, the deal was projected to transfer half of U.S. uranium output to the Russian government by 2015.
“The ultimate authority to approve or reject the Russian acquisition rested with the cabinet officials on the foreign investment committee, including Mrs. Clinton — whose husband was collecting millions of dollars in donations from people associated with Uranium One,” reports the New York Times.
In addition to Giustra, Clinton Cash reveals—and the New York Times confirms—a host of Clinton Foundation donors were connected to the uranium deal, including:
- Frank Holmes, a shareholder in the deal who donated between $250,000 and $500,000 (the Clinton Foundation doesn’t report exact amounts, only in ranges) and is a Clinton Foundation adviser
- Neil Woodyer, Frank Giustra’s colleague who founded Endeavor Financial and pledged $500,000 as well as promises of “ongoing financial support”
- Robert Disbrow, a Haywood Securities broker, the firm that provided “$58 million in capital to float shares of UrAsia’s private placement,” gave the Clinton’s family foundation between $1 and $5 million, according to Clinton Cash
- Paul Reynolds, a Canaccord Capital Inc., executive who donated between $1 million and $5 million. “The UrAsia deal was the largest in Canaccord’s history,” reports Schweizer
- GMP Securities Ltd., a UrAsia Energy shareholder that pledged to donate a portion of its profits to the Clinton Foundation
- Robert Cross, a major shareholder who serves as UrAsia Energy Director who pledged portions of his future income to the Clinton Foundation
- Egizio Blanchini, “the Capital Markets vice chair and Global cohead of BMO’s Global Metals and Mining group, had also been an underwriter on the mining deals. BMO paid $600,000 for two tables at the CGS-GI’s March 2008 benefit”
- Sergei Kurzin, the Russian rainmaker involved in the Kazakhstan uranium deal and a shareholder in UrAsia Energy, also pledged $1 million to the Foundation
- Uranium One chairman Ian Telfer committed $2.35 million
As the New York Times reports, “Amid this influx of Uranium One-connected money, Mr. Clinton was invited to speak in Moscow in June 2010, the same month Rosatom struck its deal for a majority stake in Uranium One.”
The Times adds, “The $500,000 fee — among Mr. Clinton’s highest — was paid by Renaissance Capital, a Russian investment bank with ties to the Kremlin.”
According to HarperCollins, Schweizer and the GAI spent over one-year conducting their exhaustive deep dive investigation.
The New York Times says Schweizer’s Clinton Cash is written “mainly in the voice of a neutral journalist and meticulously documents his sources, including tax records and government documents.” And the Wall Street Journal on Thursday said Clinton Cash “adds fresh details” to previously unreported Clinton financial dealings.
The Times hails Clinton Cash as “the most anticipated and feared book of a presidential cycle.”