Uranium Scandal
Posted: Sat Jan 13, 2018 11:51 am
I have been hearing for over a year from the right about Hillary giving away 20% of our Uranium to Russia. I went to Factcheck.org to get the facts.
https://www.factcheck.org/2017/10/facts-uranium-one/
We covered it during the 2016 presidential campaign, when Donald Trump falsely accused former Secretary of State Hillary Clinton of giving away U.S. uranium rights to the Russians and claimed — without evidence — that it was done in exchange for donations to the Clinton Foundation.
The 2010 deal allowed Rosatom, the Russian nuclear energy agency, to acquire a controlling stake in Uranium One, a Canadian-based company with mining stakes in the Western United States. But the deal required multiple approvals by the U.S., beginning with the Committee on Foreign Investments in the United States. Under federal law, the committee reviews foreign investments that raise potential national security concerns.
The Committee on Foreign Investments has nine members, including the secretaries of the treasury, state, defense, homeland security, commerce and energy; the attorney general; and representatives from two White House offices (the United States Trade Representative and the Office of Science and Technology Policy).
The committee can’t actually stop a sale from going through — it can only approve a sale. The president is the only one who can stop a sale, if the committee or any one member “recommends suspension or prohibition of the transaction,” according to guidelines issued by the Treasury Department in December 2008 after the department adopted its final rule a month earlier.
For this and other reasons, we have written that Trump is wrong to claim that Clinton “gave away 20 percent of the uranium in the United States” to Russia. Clinton could have objected — as could the eight other voting members — but that objection alone wouldn’t have stopped the sale of the stake of Uranium One to Rosatom.
“Only the President has the authority to suspend or prohibit a covered transaction,” the federal guidelines say.
It is also important to note that other federal approvals were needed to complete the deal, and even still more approvals would be needed to export the uranium.
First, the Nuclear Regulatory Commission had to approve the transfer of two uranium recovery licenses in Wyoming from Uranium One to the Russian company. The NRC announced it approved the transfer on Nov. 24, 2010. But, as the NRC explained at the time, “no uranium produced at either facility may be exported.”
After reading this I came to the conclusion that the Right was trying to pin the sale on Clinton alone and that clearly wasn’t the case.
Then I read this.
The Times detailed how the Clinton Foundation had received millions in donations from investors in Uranium One.
The donations from those with ties to Uranium One weren’t publicly disclosed by the Clinton Foundation, even though Hillary Clinton had an agreement with the White House that the foundation would disclose all contributors. Days after the Times story, the foundation acknowledged that it “made mistakes,” saying it had disclosed donations from a Canadian charity, for instance, but not the donors to that charity who were associated with the uranium company.
The Times also wrote that Bill Clinton spoke at a conference in Moscow on June 29, 2010 — which was after the Rosatom-Uranium One merger was announced in June 2010, but before it was approved by the Committee on Foreign Investments in the United States in October 2010. The Russian-based Renaissance Capital Group organized the conference and paid Clinton $500,000.
This information is suspicious and gives me pause. It doesn’t prove the Clintons did anything wrong but, is suspicious and rings alarm bells.
There is a recent developement.
https://www.justice.gov/usao-md/pr/form ... ed-foreign
Former President Of Maryland-Based Transportation Company Indicted On 11 Counts Related To Foreign Bribery, Fraud And Money Laundering Scheme
Executive Allegedly Paid Bribes to a Russian Official So His Company Could Win Highly Sensitive Nuclear Fuel Transportation Contracts
http://thehill.com/policy/national-secu ... nistration
Before the Obama administration approved a controversial deal in 2010 giving Moscow control of a large swath of American uranium, the FBI had gathered substantial evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering designed to grow Vladimir Putin’s atomic energy business inside the United States, according to government documents and interviews.
Federal agents used a confidential U.S. witness working inside the Russian nuclear industry to gather extensive financial records, make secret recordings and intercept emails as early as 2009 that showed Moscow had compromised an American uranium trucking firm with bribes and kickbacks in violation of the Foreign Corrupt Practices Act, FBI and court documents show.
They also obtained an eyewitness account — backed by documents — indicating Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow, sources told The Hill.
The racketeering scheme was conducted “with the consent of higher level officials” in Russia who “shared the proceeds”.
I thought all of this was just another right wing conspiracy about nothing but, there is enough smoke to make me want to look into this further.
https://www.factcheck.org/2017/10/facts-uranium-one/
We covered it during the 2016 presidential campaign, when Donald Trump falsely accused former Secretary of State Hillary Clinton of giving away U.S. uranium rights to the Russians and claimed — without evidence — that it was done in exchange for donations to the Clinton Foundation.
The 2010 deal allowed Rosatom, the Russian nuclear energy agency, to acquire a controlling stake in Uranium One, a Canadian-based company with mining stakes in the Western United States. But the deal required multiple approvals by the U.S., beginning with the Committee on Foreign Investments in the United States. Under federal law, the committee reviews foreign investments that raise potential national security concerns.
The Committee on Foreign Investments has nine members, including the secretaries of the treasury, state, defense, homeland security, commerce and energy; the attorney general; and representatives from two White House offices (the United States Trade Representative and the Office of Science and Technology Policy).
The committee can’t actually stop a sale from going through — it can only approve a sale. The president is the only one who can stop a sale, if the committee or any one member “recommends suspension or prohibition of the transaction,” according to guidelines issued by the Treasury Department in December 2008 after the department adopted its final rule a month earlier.
For this and other reasons, we have written that Trump is wrong to claim that Clinton “gave away 20 percent of the uranium in the United States” to Russia. Clinton could have objected — as could the eight other voting members — but that objection alone wouldn’t have stopped the sale of the stake of Uranium One to Rosatom.
“Only the President has the authority to suspend or prohibit a covered transaction,” the federal guidelines say.
It is also important to note that other federal approvals were needed to complete the deal, and even still more approvals would be needed to export the uranium.
First, the Nuclear Regulatory Commission had to approve the transfer of two uranium recovery licenses in Wyoming from Uranium One to the Russian company. The NRC announced it approved the transfer on Nov. 24, 2010. But, as the NRC explained at the time, “no uranium produced at either facility may be exported.”
After reading this I came to the conclusion that the Right was trying to pin the sale on Clinton alone and that clearly wasn’t the case.
Then I read this.
The Times detailed how the Clinton Foundation had received millions in donations from investors in Uranium One.
The donations from those with ties to Uranium One weren’t publicly disclosed by the Clinton Foundation, even though Hillary Clinton had an agreement with the White House that the foundation would disclose all contributors. Days after the Times story, the foundation acknowledged that it “made mistakes,” saying it had disclosed donations from a Canadian charity, for instance, but not the donors to that charity who were associated with the uranium company.
The Times also wrote that Bill Clinton spoke at a conference in Moscow on June 29, 2010 — which was after the Rosatom-Uranium One merger was announced in June 2010, but before it was approved by the Committee on Foreign Investments in the United States in October 2010. The Russian-based Renaissance Capital Group organized the conference and paid Clinton $500,000.
This information is suspicious and gives me pause. It doesn’t prove the Clintons did anything wrong but, is suspicious and rings alarm bells.
There is a recent developement.
https://www.justice.gov/usao-md/pr/form ... ed-foreign
Former President Of Maryland-Based Transportation Company Indicted On 11 Counts Related To Foreign Bribery, Fraud And Money Laundering Scheme
Executive Allegedly Paid Bribes to a Russian Official So His Company Could Win Highly Sensitive Nuclear Fuel Transportation Contracts
http://thehill.com/policy/national-secu ... nistration
Before the Obama administration approved a controversial deal in 2010 giving Moscow control of a large swath of American uranium, the FBI had gathered substantial evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering designed to grow Vladimir Putin’s atomic energy business inside the United States, according to government documents and interviews.
Federal agents used a confidential U.S. witness working inside the Russian nuclear industry to gather extensive financial records, make secret recordings and intercept emails as early as 2009 that showed Moscow had compromised an American uranium trucking firm with bribes and kickbacks in violation of the Foreign Corrupt Practices Act, FBI and court documents show.
They also obtained an eyewitness account — backed by documents — indicating Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow, sources told The Hill.
The racketeering scheme was conducted “with the consent of higher level officials” in Russia who “shared the proceeds”.
I thought all of this was just another right wing conspiracy about nothing but, there is enough smoke to make me want to look into this further.