Can you say ‘Nursultan Nazarbayev’ three times fast?
In 2005, Canadian businessman Frank Giustra landed the mother of all mining deals when he convinced the president of uranium-rich Kazakhstan, Nursultan Nazarbayev, to sell stakes in three of his state-owned uranium mines, a feat no one else in the mining industry had ever come close to achieving. How did he manage it? Well, it may have had something to do with Giustra’s influential pal: President Bill Clinton.
“Giustra’s sudden success shocked the global mining business,” explained Glenn on the show today, the third in a four-part series on Uranium One. “They didn’t see it coming. How did he gain access to Kazakhstan mines that no one else could crack? Well, no one else had Bill Clinton as their wingman. So what did Bill Clinton get for his trouble? Not much, only $31 million from Giustra to the Clinton foundation.”
It gets even better
Giustra wasn’t the only soon-to-be billionaire mining magnate to channel millions to the Clinton Foundation after the series of controversial uranium-mining deals. Uranium One investor, Ian Telfer, donated as much as $5.6 million to the foundation -- during and after a State Department review to approve the sale. Coincidentally, then-Secretary of State, Hillary Clinton, served on the review board that inexplicably voted to approve the sale of 20 percent of American uranium supplies to Russia.
“As part of the Russian plan to buy a majority stake in Uranium One, they offered special dividends to Uranium One shareholders, people like Uranium One chairman ... Ian Telfer,” explained Glenn. “He stood to profit in the millions and, by the way, donated millions of dollars to the Clinton Foundation during the Committee on Foreign [Investment] review process. But I’m sure that had nothing to do with Uranium One…. The Committee on Foreign Investment -- surprise, surprise -- approved Rosatom’s major stake in Uranium One, which handed Moscow control of 20 percent of the US uranium production capacity at that time."
Watch the clip above to hear Glenn run through the details of the far-reaching Uranium One scandal that involved Bill and Hillary Clinton, the US government, and a Russian nuclear energy domination scheme.