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I am going to ahead and post these two lists (Parts I and II) for the likes of Broken, Moxie, and Federberg, since Broken and Moxie are brainwashed by the narrow view of the (American) New York Times and Federberg is brainwashed by the dull-witted eunuchs at the BBC. A few months ago I went through the case that Peter Schweizer makes in "Clinton Cash" against the Clintons for clearly dubious behavior in the Uranium One saga and examined it very closely. Books tend to be meandering and windy in their organization so what I did is distill the narrative to bullet points in chronological order.
My hope in posting this is that the likes of Broken and Moxie can adopt a more global perspective instead of just following the lead of the American New York Times. That is because the American New York Times tends to get a lot wrong and promote a very narrow-minded perspective about world politics among its readers. Fox News has talked about Uranium One a decent bit but not nearly enough in my view.
So, in the interests of sound information and a well-informed world, here goes.....
PART I: THE KAZAKHSTAN PLOT
1) In 2005, Frank Giustra, Bill Clinton’s close friend and the head of a company called UrAsia Energy, wanted access to mines in Kazakhstan for his company (in particular 3 mines several hundred miles from the city of Almaty); to get this access, he needed approval from the Kazakh government atomic energy company, called Kazatomprom (p. 25 – 26)
2) On September 6, 2005, Bill Clinton visited Almaty, Kazakhstan and had a private meal with Giustra and Nursultan Nazarbeyev, the president/dictator of Kazakhstan (p. 26 – 27); according to Mukhtar Dzhakishev, the president of Kazatomprom at the time, the uranium deal came up in discussions that night at the banquet (p. 28); this meeting was organized in part by Sergei Kurzin, a Russian nuclear physicist and dealmaker who had done business in Kazakhstan before and had also assisted Giustra in creating UrAsia Energy (p. 26 – 27, 36)
3) After the meal, Clinton held a public press conference with Nazarbayev (p. 27); at this press conference, he praised Nazarbeyev for making reforms in his country that were supposedly “opening up the social and political life” of Kazakhstan and also expressed support for Nazarbayev’s bid to have Kazakhstan head the prestigious Organization for Security and Cooperation in Europe (OSCE) (p. 30)
4) After the press conference, Nazarbayev quickly issued a press release proudly claiming support from Clinton (p. 30) (Bill Clinton’s praise for Nazarbayev and support for his OSCE leadership bid were very significant at this time because Kazakhstan had been under scrutiny and remained under scrutiny for human rights violations, including by none other than Hillary Clinton in a 2004 letter to the State Department (p. 30 – 31))
5) At this same time, according to Dzhakishev in 2009, a Kazakh official named Karim Massimov was in DC and had a meeting scheduled with Hillary Clinton; Hillary cancelled the meeting with him on the grounds that there were investors in Kazakhstan who the Clintons were connected with who were having problems and she was not willing to work with Kazakh officials until those problems were resolved (p. 29)
6) Dzhakishev also indicated that Hillary threatened to work to have American aid withheld from Kazakhstan (a legitimate threat because Hillary sat on the Senate Armed Services Committee at the time) (p. 29)
7) Dzhakishev says that Massimov then called him and told him to work the situation out in Kazakhstan with the investors connected with the Clintons (p. 29)
8) Dzhakishev also says that after being called by Massimov, he was contacted by Tim Phillips, an adviser to Bill Clinton, and got the same message from him that Massimov had received in Washington: there would be no further meetings with Hillary until Kazakh officials approved Giustra’s uranium deal; Dzhakishev also says that Tim Phillips “began to scream” at him and said that it was important to get the deal done for “Democrats” involved in it (p. 29 – 30)
9) Clinton and Giustra left Kazakhstan the day after the banquet with Nazarbayev (i.e. September 7, 2005) and within 48 hours of them leaving, UrAsia Energy (Giustra’s company) signed two memoranda of understanding outlining the transfer of uranium mining assets in Kazakhstan (p. 31); it is also worth noting for context that this selection of UrAsia to buy into the Kazakh mines was a surprise to people in the mining industry because UrAsia had been a relatively insignificant mining company prior to this deal (p. 31)
10) In subsequent months Giustra gave the Clinton Foundation $31.3 million (p. 31 – 32)
11) After UrAsia got the mining deal in Kazakhstan it expanded its assets and started directing shares to Giustra’s friends in Canada, including Robert Cross, a former brokerage colleague of Giustra’s, and Ian Telfer, another friend of Giustra (p. 32)
12) With the shares doled out, UrAsia went public and was brokered on Canada’s Venture Exchange by Canadian investment firms BMO Nesbitt Burns Inc, Canaccord Adams, and GMP Securities LTD (p. 33)
13) In February of 2007, Dzhakishev went to Chappaqua to meet with Bill Clinton (a meeting that Giustra had arranged for) (pp. 33); Dzhakishev says that at this meeting they discussed uranium markets and the future of nuclear power (p. 33)
14) Also in February of 2007, UrAsia Energy announced that it would merge with Uranium One, a uranium company based out of Canada and South Africa; this merger had to be approved by the Kazakh government for Giustra and it did get approved (p. 33); the merger turned out being a “reverse merger” because Giustra, his friends, and other shraeholders of UrAsia would up controlling 60 percent of the new company (p. 34); this makes it likely that Giustra arranged for Clinton’s meeting with Dzhakishev to ensure that the UrAsia-Uranium One merger would get approved
15) On March 13, 2007, Joe Biden – as chairman of the Senate Foreign Relations Committee – issued a letter to President Nazarbayev stating that Kazakhstan would have to make progress on the human rights front or he would not support their bid to chair the OSCE (p. 33)
16) Also in 2007 Bill Clinton invited Nazarbayev to attend the Clinton Global Initiative (CGI) as his guest and on September 25, 2007 he was a featured attendee at an exclusive CGI meeting in New York (p. 33 – 34)
17) Two months later, in November of 2007, Nazarbayev was awarded the OSCE chair, a post he took in 2010 (p. 34); this makes it appear likely that Bill Clinton committed himself to giving Nazarbayev the international credibility he lacked (and craved) in exchange for approval of the UrAsia-Uranium One merger that Giustra wanted; it also appears that Clinton’s inviting Nazarbayev to the CGI event was helpful in refurbishing Nazarbayev’s image for the purpose of helping him get the OSCE chairmanship that he wanted after Biden’s March 2007 letter criticizing Kazakhstan for its human rights record
18) Within a year of the merger being approved, Uranium One began acquiring uranium assets in the United States itself and also began negotiations with the Russian State Nuclear Agency (p. 34)
19) Following the lucrative merger, many of the deal’s largest shareholders wrote multimillion-dollar checks to the Clinton Foundation and its project, the Clinton Giustra Sustainable Growth Initiative (p. 34); some of these donations were:
· Giustra’s multiyear commitment to donate $100 million, and half of his future profits, to the Clinton Foundation (p. 34)
· Frank Holmes, a major shareholder in the deal, wrote a check to the Clinton Foundation for between $250,000 and $500,000 (p. 35)
· Neil Woodyer, Giustra’s colleague who founded Endeavour Financial, pledged $500,000 (p. 35)
· Robert Disbrow, a broker at Haywood Securities, which provided $58 million in capital to float shares of UrAsia’s private placement, sent between $1 million and $5 million to the Clinton Foundation (p. 35)
· Paul Reynolds, an executive at Canaccord Capital, Inc., donated between $1 million and $5 million (p. 35)
· GMP Securities Ltd., another large shareholder in UrAsia Energy, committed to donating a portion of its profits to the CGSGI; GMP made great money on the private placement of shares and as an underwriter on UrAsia Energy deals (p. 35)
· Robert Cross, who was a major shareholder and serves as director of UrAsia Energy, committed a portion of his future income to the Clinton Foundation (p. 36)
· Egizio Bianchini, 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 and BMO paid $600,000 for two tables at the CGSGI’s March 2008 benefit (p. 36)
· Sergei Kurzin, the aforementioned Russian dealmaker who was involved in the Kazakhstan uranium deal and was a shareholder in UrAsia Energy, made CGSGI a $1 million pledge (p. 36)
· Ian Telfer, the chairman of UrAsia Energy, who would become the new chairman of Uranium One, committed $3 million to the Clinton Foundation (p. 36)
· In 2006, Giustra hosted a birthday party/fundraiser for Bill Clinton at the Fairmont Royal York Hotel in Toronoto that featured various prominent guests including Kevin Spacey, Billy Crystal, and Bon Jovi (p. 36)
20) The collective commitments and donations from investors who profited from the 2007 UrAsia-Uranium One merger would ultimately exceed $145 million (p. 35)
In conclusion: it appears that Bill and Hillary Clinton leveraged Bill’s international social cachet, Hillary’s power as a senator, and their political surrogates (i.e. Tim Phillips) to get the government of Kazakhstan to approve two uraniumdeals, one a mining concession in 2005 and the second a merger in 2007, for their friend Frank Giustra so that Giustra and his friends/associates, mostly Canadian, could profit and then make large donations to the Clinton Foundation. It is also noteworthy that one of Giustra’s associates in this process was a Russian nuclear physicist named Sergei Kurzin. Kurzin not only helped Giustra start the UrAsia Energy company that merged with Uranium One in 2007, but he was also instrumental in setting up Bill Clinton’s 2005 meeting with Nazarbayev (the president of Kazakhstan) and Giustra in Almaty, Kazakhstan that led to UrAsia becoming a prominent player in the uranium market in the first place. This means that the Clintons were responsible for making Uranium One the company that it became and that the Russian government wanted to buy into by 2009; and they did this, ironically enough, primarily for the benefit of a friend (Giustra) with assistance from a Russian nuclear physicist and dealmaker who had actually helped Giustra start his uranium company. In other words, between 2005 and 2007, the Clintons helped make the company that was to become Uranium One successful in Kazakhstan with help from a prominent Russian tied to their good friend Frank Giustra for Giustra’s benefit so that he and his associates would profit and then make donations to them. Put differently, the Clintons helped make a foreign company successful in collusion with a prominent Russian so that they could enrich themselves. Sounds very menacing!!!!!
My hope in posting this is that the likes of Broken and Moxie can adopt a more global perspective instead of just following the lead of the American New York Times. That is because the American New York Times tends to get a lot wrong and promote a very narrow-minded perspective about world politics among its readers. Fox News has talked about Uranium One a decent bit but not nearly enough in my view.
So, in the interests of sound information and a well-informed world, here goes.....
PART I: THE KAZAKHSTAN PLOT
1) In 2005, Frank Giustra, Bill Clinton’s close friend and the head of a company called UrAsia Energy, wanted access to mines in Kazakhstan for his company (in particular 3 mines several hundred miles from the city of Almaty); to get this access, he needed approval from the Kazakh government atomic energy company, called Kazatomprom (p. 25 – 26)
2) On September 6, 2005, Bill Clinton visited Almaty, Kazakhstan and had a private meal with Giustra and Nursultan Nazarbeyev, the president/dictator of Kazakhstan (p. 26 – 27); according to Mukhtar Dzhakishev, the president of Kazatomprom at the time, the uranium deal came up in discussions that night at the banquet (p. 28); this meeting was organized in part by Sergei Kurzin, a Russian nuclear physicist and dealmaker who had done business in Kazakhstan before and had also assisted Giustra in creating UrAsia Energy (p. 26 – 27, 36)
3) After the meal, Clinton held a public press conference with Nazarbayev (p. 27); at this press conference, he praised Nazarbeyev for making reforms in his country that were supposedly “opening up the social and political life” of Kazakhstan and also expressed support for Nazarbayev’s bid to have Kazakhstan head the prestigious Organization for Security and Cooperation in Europe (OSCE) (p. 30)
4) After the press conference, Nazarbayev quickly issued a press release proudly claiming support from Clinton (p. 30) (Bill Clinton’s praise for Nazarbayev and support for his OSCE leadership bid were very significant at this time because Kazakhstan had been under scrutiny and remained under scrutiny for human rights violations, including by none other than Hillary Clinton in a 2004 letter to the State Department (p. 30 – 31))
5) At this same time, according to Dzhakishev in 2009, a Kazakh official named Karim Massimov was in DC and had a meeting scheduled with Hillary Clinton; Hillary cancelled the meeting with him on the grounds that there were investors in Kazakhstan who the Clintons were connected with who were having problems and she was not willing to work with Kazakh officials until those problems were resolved (p. 29)
6) Dzhakishev also indicated that Hillary threatened to work to have American aid withheld from Kazakhstan (a legitimate threat because Hillary sat on the Senate Armed Services Committee at the time) (p. 29)
7) Dzhakishev says that Massimov then called him and told him to work the situation out in Kazakhstan with the investors connected with the Clintons (p. 29)
8) Dzhakishev also says that after being called by Massimov, he was contacted by Tim Phillips, an adviser to Bill Clinton, and got the same message from him that Massimov had received in Washington: there would be no further meetings with Hillary until Kazakh officials approved Giustra’s uranium deal; Dzhakishev also says that Tim Phillips “began to scream” at him and said that it was important to get the deal done for “Democrats” involved in it (p. 29 – 30)
9) Clinton and Giustra left Kazakhstan the day after the banquet with Nazarbayev (i.e. September 7, 2005) and within 48 hours of them leaving, UrAsia Energy (Giustra’s company) signed two memoranda of understanding outlining the transfer of uranium mining assets in Kazakhstan (p. 31); it is also worth noting for context that this selection of UrAsia to buy into the Kazakh mines was a surprise to people in the mining industry because UrAsia had been a relatively insignificant mining company prior to this deal (p. 31)
10) In subsequent months Giustra gave the Clinton Foundation $31.3 million (p. 31 – 32)
11) After UrAsia got the mining deal in Kazakhstan it expanded its assets and started directing shares to Giustra’s friends in Canada, including Robert Cross, a former brokerage colleague of Giustra’s, and Ian Telfer, another friend of Giustra (p. 32)
12) With the shares doled out, UrAsia went public and was brokered on Canada’s Venture Exchange by Canadian investment firms BMO Nesbitt Burns Inc, Canaccord Adams, and GMP Securities LTD (p. 33)
13) In February of 2007, Dzhakishev went to Chappaqua to meet with Bill Clinton (a meeting that Giustra had arranged for) (pp. 33); Dzhakishev says that at this meeting they discussed uranium markets and the future of nuclear power (p. 33)
14) Also in February of 2007, UrAsia Energy announced that it would merge with Uranium One, a uranium company based out of Canada and South Africa; this merger had to be approved by the Kazakh government for Giustra and it did get approved (p. 33); the merger turned out being a “reverse merger” because Giustra, his friends, and other shraeholders of UrAsia would up controlling 60 percent of the new company (p. 34); this makes it likely that Giustra arranged for Clinton’s meeting with Dzhakishev to ensure that the UrAsia-Uranium One merger would get approved
15) On March 13, 2007, Joe Biden – as chairman of the Senate Foreign Relations Committee – issued a letter to President Nazarbayev stating that Kazakhstan would have to make progress on the human rights front or he would not support their bid to chair the OSCE (p. 33)
16) Also in 2007 Bill Clinton invited Nazarbayev to attend the Clinton Global Initiative (CGI) as his guest and on September 25, 2007 he was a featured attendee at an exclusive CGI meeting in New York (p. 33 – 34)
17) Two months later, in November of 2007, Nazarbayev was awarded the OSCE chair, a post he took in 2010 (p. 34); this makes it appear likely that Bill Clinton committed himself to giving Nazarbayev the international credibility he lacked (and craved) in exchange for approval of the UrAsia-Uranium One merger that Giustra wanted; it also appears that Clinton’s inviting Nazarbayev to the CGI event was helpful in refurbishing Nazarbayev’s image for the purpose of helping him get the OSCE chairmanship that he wanted after Biden’s March 2007 letter criticizing Kazakhstan for its human rights record
18) Within a year of the merger being approved, Uranium One began acquiring uranium assets in the United States itself and also began negotiations with the Russian State Nuclear Agency (p. 34)
19) Following the lucrative merger, many of the deal’s largest shareholders wrote multimillion-dollar checks to the Clinton Foundation and its project, the Clinton Giustra Sustainable Growth Initiative (p. 34); some of these donations were:
· Giustra’s multiyear commitment to donate $100 million, and half of his future profits, to the Clinton Foundation (p. 34)
· Frank Holmes, a major shareholder in the deal, wrote a check to the Clinton Foundation for between $250,000 and $500,000 (p. 35)
· Neil Woodyer, Giustra’s colleague who founded Endeavour Financial, pledged $500,000 (p. 35)
· Robert Disbrow, a broker at Haywood Securities, which provided $58 million in capital to float shares of UrAsia’s private placement, sent between $1 million and $5 million to the Clinton Foundation (p. 35)
· Paul Reynolds, an executive at Canaccord Capital, Inc., donated between $1 million and $5 million (p. 35)
· GMP Securities Ltd., another large shareholder in UrAsia Energy, committed to donating a portion of its profits to the CGSGI; GMP made great money on the private placement of shares and as an underwriter on UrAsia Energy deals (p. 35)
· Robert Cross, who was a major shareholder and serves as director of UrAsia Energy, committed a portion of his future income to the Clinton Foundation (p. 36)
· Egizio Bianchini, 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 and BMO paid $600,000 for two tables at the CGSGI’s March 2008 benefit (p. 36)
· Sergei Kurzin, the aforementioned Russian dealmaker who was involved in the Kazakhstan uranium deal and was a shareholder in UrAsia Energy, made CGSGI a $1 million pledge (p. 36)
· Ian Telfer, the chairman of UrAsia Energy, who would become the new chairman of Uranium One, committed $3 million to the Clinton Foundation (p. 36)
· In 2006, Giustra hosted a birthday party/fundraiser for Bill Clinton at the Fairmont Royal York Hotel in Toronoto that featured various prominent guests including Kevin Spacey, Billy Crystal, and Bon Jovi (p. 36)
20) The collective commitments and donations from investors who profited from the 2007 UrAsia-Uranium One merger would ultimately exceed $145 million (p. 35)
In conclusion: it appears that Bill and Hillary Clinton leveraged Bill’s international social cachet, Hillary’s power as a senator, and their political surrogates (i.e. Tim Phillips) to get the government of Kazakhstan to approve two uraniumdeals, one a mining concession in 2005 and the second a merger in 2007, for their friend Frank Giustra so that Giustra and his friends/associates, mostly Canadian, could profit and then make large donations to the Clinton Foundation. It is also noteworthy that one of Giustra’s associates in this process was a Russian nuclear physicist named Sergei Kurzin. Kurzin not only helped Giustra start the UrAsia Energy company that merged with Uranium One in 2007, but he was also instrumental in setting up Bill Clinton’s 2005 meeting with Nazarbayev (the president of Kazakhstan) and Giustra in Almaty, Kazakhstan that led to UrAsia becoming a prominent player in the uranium market in the first place. This means that the Clintons were responsible for making Uranium One the company that it became and that the Russian government wanted to buy into by 2009; and they did this, ironically enough, primarily for the benefit of a friend (Giustra) with assistance from a Russian nuclear physicist and dealmaker who had actually helped Giustra start his uranium company. In other words, between 2005 and 2007, the Clintons helped make the company that was to become Uranium One successful in Kazakhstan with help from a prominent Russian tied to their good friend Frank Giustra for Giustra’s benefit so that he and his associates would profit and then make donations to them. Put differently, the Clintons helped make a foreign company successful in collusion with a prominent Russian so that they could enrich themselves. Sounds very menacing!!!!!
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