Podesta Was Board Member Of Firms Linked To Russian ‘Investors’

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The hypocrisy and mendacity of the left today has no bounds whatsoever. While they continue to try to destroy President Trump with baseless allegations of contacts with Russia, they’re the ones who have extensive dealings with the Russians — ones they did not bother to disclose, as they knew when they held power that none of their cronies would hold them accountable.

“EXCLUSIVE: Podesta Was Board Member Of Firms Linked To Russian ‘Investors,’” by Richard Pollock, Daily Caller, March 21, 2017:

Rep. Louie Gohmert, an outspoken House Republican from Texas, is calling for a congressional investigation of John Podesta’s role with Rusnano, a state-run company founded by Russian President Vladimir Putin, The Daily Caller News Foundation’s Investigative Group has learned.

Podesta — best known as Hillary Clinton’s 2016 presidential campaign chairman and former President Bill Clinton’s White House chief of staff — first made contact with the Russian firm in 2011, when he joined the boards and executive committees of three related entities: Boston-based Joule Unlimited; Rotterdam-based Joule Global Holdings; Joule Global Stichting, the company’s controlling interest. All are high-tech renewable energy enterprises.

Three months after Podesta’s arrival, Joule Unlimited accepted a 1 billion ruble investment from Rusnano, amounting to $35 million in U.S. currency. The firm also awarded a Joule board seat in February 2012 to Anatoly Chubais, Rusnano’s CEO, who has been depicted as a corrupt figure.

Podesta has attempted to downplay his relationship with Joule and Rusnano, but it could come to haunt him.

Further, he failed to disclose 75,000 common shares of Joule stock he received, as disclosed in a WikiLeaks email.

After Podesta began working at the White House, his lawyer indicated in a Jan. 6, 2014 email that he had not yet finished the legal work on the private transfer of the stock to a family-owned entity called Leonido Holdings, LLC.

Gohmert’s call for an examination of Podesta’s Russian ties comes as Washington is in the grips of a set of allegations about Russian ties to President Donald Trump and his aides, as well as charges of Russian influence during the presidential election.

Gohmert is troubled about the Podesta-Russia connection, telling TheDCNF, “this certainly needs to be reviewed to see if there really is something nefarious going on with these activities.” Gohmert sits on the House Judiciary Committee and is vice chair of its subcommittee on crime, terrorism and homeland security.

The Podesta-Russia connection also could rekindle a new round of questions about Clinton relationships with foreign figures — in this case, Chubais.

Chubais, Russia’s deputy prime minister in the 1990s, owed his personal fortunes to Bill Clinton, who embraced him as a “reformer” in former President Boris Yeltsin’s government. Clinton’s ally instead created a new generation of tycoons who today rule Russia.

Podesta’s role at Joule was largely unknown until last year when the nonprofit Government Accountability Institute (GAI) published a highly-detailed report on Russian ties to Podesta and the Clintons.

An ongoing federal lawsuit, Neas Ltd, v. Rusnano, which is now before the U.S. District Court for Northern California, suggests Podesta and others at Joule may have unwittingly assisted Rusnano in a scheme hatched to move billions of weak rubles into valuable U.S. dollars by parking them as “investments” in high-tech companies in Boston and in Silicon Valley.

A deposition by Ilya Ponomarev, an architect of Russia’s innovation enterprises and the former chairman of innovations subcommittee in the Russian Parliament, shed light on Rusnano’s plans in the United States. He says its primary objective “was the transformation of Rusnano from a state-owned corporation to an enterprise suitable for operations in the United States.”  Ponomarev now lives in exile in the United States.

Shortly after then-Secretary of State Hillary Clinton pursued her “reset” with Russia, state-owned Russian companies began targeting American companies in Boston and Silicon Valley as investment opportunities.

In May 2010, under Hillary Clinton’s leadership, the Department of State facilitated a visit by 22 American hi-tech and venture capital firms to Skolkovo, Russia’s version of Silicon Valley, according to GAI.

Rusnano appears to have been a leader in the Russian investment move into the United States. Chubais created a Rusnano “investment fund” and set up a so-called “Russian Innovation Center” in tony Silicon Valley, according to the Neas lawsuit.

The company opened shop in Palo Alto called DJF Venture Fund, a venture capital fund advised the Russian company.

Rusnano targeted Boston where Joule’s U.S. operations were centered. In 2010, Chubais joined a Rusnano “road show” and gave a presentation at MIT. A Rusnano managing director also addressed the Harvard Faculty Club.

An Oct. 5, 2011 Rusnano PowerPoint presentation by Dmitry Akhanov, Rusnano USA president, promised American businessmen “cheap money.” Rusnano dangled $4.6 billion in government contributions and $5.7 billion in state guarantees.

Lucia Ziobro, the special agent in charge at the FBI’s Boston field office, issued an “extraordinary warning” to Boston-area high-tech firms in 2014 about Russian investors to startups like Joule.

“The FBI believes the true motives of the Russian partners, who are often funded by their government, is to gain access to classified, sensitive and emerging technology from the companies,” she wrote in a Boston Globe op-ed.

Podesta’s emails also show how in 2015 Podesta continued to help Rusnano even though he had left Joule’s boards. Podesta’s lawyer told him he did legal work for the Rosnano president to get on the Joule board.

Rusnano was a special company formed by decree at the direction of Putin. A small group of Putin cronies called the “Kooperative Ozero” masterminded the takeover of big swaths of the Russian economy.

The Ozero group are eight men — including Putin — who owned expensive dachas on a lake outside of St. Petersburg. They now run state-owned banks, the news media and oil and gas companies.

“This group Ozero turned to occupy all the ruling positions in the country after Putin came to power,” Ponomarev told TheDCNF.  He said the group represented “former KGB, organized crime and their associates.”….

The Truth Must be Told

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Mahou Shoujo

7 years ago

There are defiantly openings in the non lame stream media for investigative reporters, the pulitzer is out there… somewhere.

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tatka150

7 years ago

Reply to  Mahou Shoujo

Somewhere in Iran

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Drew the Infidel

7 years ago

“Hypocrisy is a tribute which vice pays to virtue.”– Duc de la Rochefoucauld, 1613-1680

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tn_tea _ partyer_420

7 years ago

Yawn, he’s a liberal, he will get a promotion.

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James Stamulis

7 years ago

Louis Gohmert is the one who should be speaker of the house and then Trump will have a real ally to make America great again.

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AR154U☑ᵀʳᵘᵐᵖ DEPLORABLE 2020

7 years ago

It’s only illegal if you’re caught !!!

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RayG1

7 years ago

How very typical of liberals to accuse Conservatives of the very thing they are guilty of.

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Ruth et Gidon

7 years ago

Reply to  RayG1

So true….

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