Look what fell out of the Panama Papers 'tree' . . . !

Look what fell out of the Panama Papers 'tree' . . . !

Postby Oscar » Fri Apr 22, 2016 10:00 am

Hillary Clinton's wealthy donors revealed in Panama Papers . . . . Frank Giustra

[ https://www.rt.com/usa/340480-clinton-d ... ma-papers/ ]

Published time: 21 Apr, 2016 12:06 Edited time: 22 Apr, 2016 13:38

Names in the Panama Papers link Democratic presidential candidate Hillary Clinton, fresh off a big win in New York, and her husband, former president Bill Clinton, to those who use offshore tax shelters.

Though the former secretary of state was quick to denounce the Panama Papers revelations, describing them as “outrageous tax havens and loopholes that super-rich people across the world are exploiting,” some of those found in the 11.5 million documents have connections with the Clintons dating back four decades.

A new report by McClatchy, [ http://www.genuinehealth.com/store/fami ... aQod6CcGMQ ], one of more than 100 journalism outlets with access to the leaked documents, reveals a number of Clinton donors and associates used Panamanian law firm Mossack Fonseca, “global provider for legal and trust services,” for their offshore accounting.

Inside the Clinton Panama Circle

Frank Giustra - Giustra is a Canadian mining magnate who became a large donor for the Clinton Foundation 11 years ago, going on to set up the ‘Great White North’ chapter of the foundation. He currently sits on the board.

The billionaire [ http://www.bloomberg.com/politics/artic ... ry-clinton ] later became an example of the foundation’s murky ties between donors and apparent political favors, due to the 2005 dinner with Giustra, Bill Clinton, and Kazakhstan president Nursultan Nazarbayev – and the deal that “stunned the mining industry, turning an unknown shell company into one of the world’s largest uranium producers in a transaction ultimately worth tens of millions of dollars to Mr Giustra,” wrote the New York Times, quoting analysts.
[ http://www.nytimes.com/2008/01/31/us/po ... =undefined ]

After getting stakes in three Kazakh-run uranium mines, Giustra’s company merged with Rosatom and received approval from Hillary Clinton’s State Department.

Another dinner in 2010, this time in Colombia, led to timber rights for a Giustra company in “a biologically diverse forest,” followed by oil drilling rights elsewhere in the South American country, Bloomberg reports.
[ http://www.bloomberg.com/politics/artic ... ry-clinton ]

In 2007, he started the Clinton Giustra Enterprise Partnership (CGEP) affiliate charity and kept its donors secret, despite the ‘memorandum of understanding’ between Clinton and President Obama upon her appointment as secretary of state, which stated the foundation would disclose its donors each year.
[ http://msnbcmedia.msn.com/i/msnbc/secti ... anding.pdf ]

The CGEP failed to do so. Giustra said it was due to Canadian law which states donors must not be named without permission, a fact disputed by Canadian tax experts, according to Bloomberg. Clinton and Obama’s agreement specifically said the CGEP must follow the same rules as her foundation.

Giustra’s offshore company UrAsia Energy Ltd appeared in the Papers, the same one he used to secure the uranium deal in Kazakhstan.

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[ https://www.rt.com/usa/340480-clinton-d ... ma-papers/ ]
Oscar
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