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Inside Panama Papers: Multiple Clinton connections (McClatchy DC)
Inside Panama Papers: Multiple Clinton connections
BY ANITA KUMAR, MARISA TAYLOR AND KEVIN G. HALL
McClatchy Washington Bureau
WASHINGTON
Hillary Clinton recently blasted the hidden financial dealings exposed in the Panama Papers, but she and her husband have multiple connections with people who have used the besieged law firm Mossack Fonseca to establish offshore entities.
Among them are Gabrielle Fialkoff, finance director for Hillary Clinton’s first campaign for the U.S. Senate; Frank Giustra, a Canadian mining magnate who has traveled the globe with Bill Clinton; the Chagoury family, which pledged $1 billion in projects to the Clinton Global Initiative; and Chinese billionaire Ng Lap Seng, who was at the center of a Democratic fund-raising scandal when Bill Clinton was president. Also using the Panamanian law firm was the company founded by the late billionaire investor Marc Rich, an international fugitive when Bill Clinton pardoned him in the final hours of his presidency.
(snip)
One such connection is to Jean-Raymond Boulle, a one-time diamond miner from the volcanic island nation of Mauritius whose company was once based in Bill Clinton’s hometown of Hope, Ark. In the mid 1990s, Boulle was listed as a director of Auk Limited, a British Virgin Islands offshore company, and Gridco Limited, a Bahamas offshore company. After two meetings with Boulle, Bill Clinton, then-governor of Arkansas, signed legislation allowing his company to engage in exploratory mining in the state. Later, Boulle and his wife attended Clinton’s first inauguration. Boulle’s company did not respond to a message.
(snip)
Another connection is Giustra, the director of UrAsia Energy Ltd, a British Virgin Islands offshore company registered in May 2005. The company wanted to “conduct uranium exploration, development, production and marketing operations and related activities in Kazakhstan and Kyrgyzstan,” according to a draft of the shareholders’ agreement. UrAsia, based in British Columbia, Canada, finalized a deal in September 2005 to buy uranium mines for $500 million in Kazakhstan, according to published reports. The deal came after Giustra joined Bill Clinton in Kazakhstan for the launch of a Clinton Foundation health initiative and dined with him and Kazakhstan’s president, among others. The timing prompted questions about whether Bill Clinton played any role in the agreement. Giustra denied that, saying it came after months of negotiations.
In total, Giustra has committed $100 million to the (Clinton) foundation...Bill Clinton has flown around the globe on Giustra’s plane, sometimes with him, including to Kazakhstan.
much much more at the link...
BY ANITA KUMAR, MARISA TAYLOR AND KEVIN G. HALL
McClatchy Washington Bureau
WASHINGTON
Hillary Clinton recently blasted the hidden financial dealings exposed in the Panama Papers, but she and her husband have multiple connections with people who have used the besieged law firm Mossack Fonseca to establish offshore entities.
Among them are Gabrielle Fialkoff, finance director for Hillary Clinton’s first campaign for the U.S. Senate; Frank Giustra, a Canadian mining magnate who has traveled the globe with Bill Clinton; the Chagoury family, which pledged $1 billion in projects to the Clinton Global Initiative; and Chinese billionaire Ng Lap Seng, who was at the center of a Democratic fund-raising scandal when Bill Clinton was president. Also using the Panamanian law firm was the company founded by the late billionaire investor Marc Rich, an international fugitive when Bill Clinton pardoned him in the final hours of his presidency.
(snip)
One such connection is to Jean-Raymond Boulle, a one-time diamond miner from the volcanic island nation of Mauritius whose company was once based in Bill Clinton’s hometown of Hope, Ark. In the mid 1990s, Boulle was listed as a director of Auk Limited, a British Virgin Islands offshore company, and Gridco Limited, a Bahamas offshore company. After two meetings with Boulle, Bill Clinton, then-governor of Arkansas, signed legislation allowing his company to engage in exploratory mining in the state. Later, Boulle and his wife attended Clinton’s first inauguration. Boulle’s company did not respond to a message.
(snip)
Another connection is Giustra, the director of UrAsia Energy Ltd, a British Virgin Islands offshore company registered in May 2005. The company wanted to “conduct uranium exploration, development, production and marketing operations and related activities in Kazakhstan and Kyrgyzstan,” according to a draft of the shareholders’ agreement. UrAsia, based in British Columbia, Canada, finalized a deal in September 2005 to buy uranium mines for $500 million in Kazakhstan, according to published reports. The deal came after Giustra joined Bill Clinton in Kazakhstan for the launch of a Clinton Foundation health initiative and dined with him and Kazakhstan’s president, among others. The timing prompted questions about whether Bill Clinton played any role in the agreement. Giustra denied that, saying it came after months of negotiations.
In total, Giustra has committed $100 million to the (Clinton) foundation...Bill Clinton has flown around the globe on Giustra’s plane, sometimes with him, including to Kazakhstan.
much much more at the link...
One co-author of the piece was also recently featured in an excellent WPR interview:
Clinton Connection To Panama Papers
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