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Mr. Clinton and the Tycoon
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Wed Feb 06, 2008 2:00 am Post subject: Mr. Clinton and the Tycoon |
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 Mr. Clinton and the Tycoon
Their joint visit to a Central Asian dictator raises questions about the former president's fundraising -- and free-lancing.Frank Giustra is a Canadian mining tycoon who has given generously -- more than $130 million -- to support the charitable enterprises of former president Bill Clinton.
Category: Commentary
Their joint visit to a Central Asian dictator raises questions about the former president's fundraising -- and free-lancing.Frank Giustra is a Canadian mining tycoon who has given generously -- more than $130 million -- to support the charitable enterprises of former president Bill Clinton.Mr. Giustra's good works alongside Mr. Clinton may also have been good business. As the New York Times detailed in a front-page story last week, Mr. Giustra traveled with the former president in September 2005 to Kazakhstan, where Mr. Clinton announced an agreement to let that nation purchase discounted AIDS drugs and where he attended a midnight banquet with Kazakh strongman Nursultan Nazarbayev. Although he met with Kazakh dissidents, Mr. Clinton praised Mr. Nazarbayev for "opening up the social and political life of your country." And, in contrast to Sen. Hillary Rodham Clinton's previously expressed reservations, Mr. Clinton embraced Kazakhstan's bid to head the Organization for Security and Cooperation in Europe, which works to promote human rights and fair elections, two characteristics that Mr. Nazarbayev's regime has been sorely lacking.Within a few days, Mr. Giustra had in hand preliminary agreements giving his company the right to buy into uranium projects controlled by Kazatomprom, the state-owned uranium agency; Mr. Giustra had longtime business dealings in Kazakhstan but was a new player in uranium mining. And within several months, Mr. Giustra had pledged another $31.3 million to the William J. Clinton Foundation, adding to his previous $100 million donation.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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