Bill Clinton accompanied his Canadian friend, Frank Giustra, to a hastily arranged meeting with Kazakhstan’s strongman president, Nursultan A. Nazarbayev in Almaty, Kazakhstan. The stated agenda was “philanthropic interests,” but the real subject was uranium mining to which Giustra was a newcomer. Senator Hillary Clinton publicly criticized Nazarbayev for his poor human rights record, but the Clinton ground game appears to have been a different story.
Goldman Sachs, who has large uranium trading interests, and from who Bill Clinton had just months earlier received $650,000 in speaking fees (Dec. 03, 2004, Apr. 20, 2005, Jun. 06, 2005, Jun. 13, 2005) has subsequently done other energy deals with Giustra, like U.S. Oil Sands, Inc.
A day later, Bill Clinton’s friend Frank Giustra’s new company, UrAsia Energy Ltd., won lucrative agreements from Nazarbayev to buy into Kazakhstan’s state-owned uranium agency, Kazatomprom, Moukhtar Dzhakishev was its chief executive (who was later arrested for making an allegedly unpatriotic deal with Clinton’s friend). The monster deal stunned the mining industry since Giustra had nothing but an unknown shell company.
According to The New York Times, “Just months after the Kazakh pact was finalized, Mr. Clinton’s charitable foundation received its own windfall: a $31.3 million donations from Mr. Giustra that had remained secret until he acknowledged it last month [Dec. 2007]. The gift, combined with Mr. Giustra’s more recent and public pledge to give the William J. Clinton Foundation an additional $100 million, secured Mr. Giustra a place in Mr. Clinton’s inner circle, an exclusive club of wealthy entrepreneurs in which friendship with the former president has its privileges.” On Sep. 09, 2006, a year later, Giustra raised another $21 million for the Clinton Foundation at a Bill Clinton’s birthday bash organized by Giustra in Toronto. This puts Giustra’s total contribution to the Clinton Foundation at at least $152 million.
A few months later (Dec. 2005), Nazarbayev was returned to power in an election that watchdogs said was marred by an “atmosphere of intimidation” and “ballot-box stuffing.” After Nazarbayev’s victory with 91 percent of the vote, Bill Clinton sent congratulations and praise that contradicted U.S. policy and even Hillary Clinton’s skeptical public comments. Privately, the Clintons’ interests were polar opposite.
Giustra sold UrAsia to Uranium One for $3.1 billion creating a 700% return on his two-year old UrAsia holding. A year later, Uranium One’s stock was in free fall and its chief executive, Moukhtar Dzhakishev, was arrested by Nazarbayev on charges of illegally selling the country’s uranium deposits to foreign companies, including Giustra’s UrAsia. Later, Russia took over Uranium One with Hillary Clinton’s at least tacit approval without disclosing the many donation by Uranium One stakeholders to The Clinton Foundation.
The Clintons & Racketeering
The RICO Act, 18 U.S.C. § 1962 (Racketeer Influenced and Corrupt Organizations Act) requires proof of a “pattern of racketeering” activity. A pattern defined as two or more activities where the person directly or indirectly invests in, maintains an interest in, participates in, conducts the affairs of, or acquires income used to acquire an interest in an enterprise, among other things.
The U.S. Supreme Court said about racketeering of the kind described in Bill Clinton’s 2005 conduct alone:
“[A] democracy is effective only if the people have faith in those who govern, and that faith is bound to be shattered when high officials and their appointees engage in activities which arouse suspicions of malfeasance and corruption.” (United States v. Miss. Valley Generating Co., 364 U.S. 520, 562 ).
Here is the sequence of Bill Clinton events in this uranium deal corruption. Also evident is the support Goldman Sachs gave at every turn.
A Pattern of Clinton Public Corruption (Bill was our former President, he knew better)
|Date||Subject||Who||Goldman Sachs benefited||Where||Benefit|
|For Clinton||For Clinton cronies|
|Dec. 03, 2004||Clinton speech||Goldman Sachs||X||New York NY||$125,000|
|Mar. 02, 2005||Wininchina LLP||Accel Partners||X||Hong Kong||Wall Street|
|Apr. 20, 2005||Clinton speech||Goldman Sachs||X||Kiawah Island GA||$125,000|
|May. 04, 2005||Clinton speech||Deutsche Bank||?||Baltimore MD||$125,000|
|May 26, 2005||Accel Partners||X||Palo Alto CA||$13 million|
|Jun. 01, 2005||Digital Sky||Yuri Milner||X||Moscow Russia||Wall Street|
|Jun. 06, 2005||Clinton speech||Goldman Sachs||X||Paris, France||$250,000|
|Jun. 13, 2005||Clinton speech||Goldman Sachs||X||Greensboro GA||$150,000|
|Aug. 11, 2005||Clinton speech||Deutsche Bank||?||New York NY||$150,000|
|Sep. 06, 2005||Uranium||UrAsia||X||Kazakhstan||Access||Access|
|Sep. 07, 2005||Uranium deal||UrAsia||X||Kazakhstan||Access||Contracts|
|Sep. 08, 2005 to Sep. 09, 2006||Foundation||UrAsia||X||Toronto CN||$152 million|
|Oct. 26, 2005||Stanford||Accel Partners||X||Palo Alto CA||Illegal apps|
|Feb. 10, 2007||U.S. candidacy||Barack Obama||X||Springfield IL||Secretary of State||$431 billion Wall Street “bailout”|
|Feb. 12, 2007||UrAsia sale||UrAsia||X||Kazakhstan||$3.1 billion|
The evidence also shows that the developments in Facebook were a direct function of Bill Clinton’s collaboration with Goldman Sachs.
- Bill met with Goldman Sachs, then Accel Partners invested in Facebook.
- Bill spoke in Kazakhstan, then his friend Frank Giustra (Goldman Sachs) received coveted uranium mining contracts for which he was not qualified (but Goldman Sachs wanted)
- Bill started getting $152 million from Giustra, then Breyer and Zuckerberg induced Stanford students to write apps, after which Breyer secretly started WIN-IN-CHINA in Hong Kong, outside the knowledge of U.S. regulators (revealed by HSBC whistleblower Hervé Falciani).
- Facebook was established with Bill’s and Goldman Sachs’ money, then Barack Obama announced his candidacy on the platform, eventually claiming that his presidency would “fundamentally transform America.”
- Hillary became Secretary of State intent on making Facebook a cornerstone of her E-diplomacy, irrespective of whether or not Facebook was violating patent law.
Bill Clinton evidently used his influence as America’s former president to cajole President Nazarbayev to give the uranium mining contracts to UrAsia within a day, even though Frank Giustra had no experience in uranium mining (but Goldman Sachs had friends who did).
At every turn, Goldman Sachs and Bill Clinton are major players in the process.
Click here for a full timeline of this public corruption.