easyt65
Diamond Member
- Aug 4, 2015
- 90,307
- 61,076
- 2,645
'Pay-To-Play' With Hillary Turned Indonesian Into a billionaire...and he has no problem being open about it.
EXCLUSIVE: Convicted Clinton Indonesian Financier Returns To The US
"When James Riady and his family’s company, called the Lippo Group, pled guilty to campaign fraud in the 1990s for donations to Bill Clinton, it looked as if the Indonesian-based businessman’s days were over — and just another ugly chapter of American political history.
Yet, starting in 2011 when Hillary Clinton was secretary of state, the Riadys started their return to the United States through a new Chinese subsidiary called Lippo China Resources, which sought to become a minority owner in a Utah company called CS Mining.
Riady’s Lippo China Resources hopes to obtain majority ownership of the Utah company at a bankruptcy court hearing Friday in Salt Lake City. They are trying to acquire the land — the size of Manhattan — at fire-sale prices, The Daily Caller News Foundation’s Investigative Group has found.
The Riady family — Indonesian citizens who property worldwide and business holdings that include mainland China — hope to gain control of the copper, gold and silver reserves on 60,000 acres in Utah.
The Clinton-Riady saga appeared to end Jan. 10, 2001, 10 days before Clinton left the White House, when Attorney General Janet Reno penned a guilty plea for Riady. The move infuriated Republicans because it looked as if Clinton was going easy on his former financial patron.
Despite Riady’s guilty plea, the Indonesian billionaire remains quite open about how his payments to the Clintons have produced tangible benefits for him and his family’s company.
In 2009, for instance, when Hillary Clinton was secretary of state, Riady re-entered the United States for the first time by getting a waiver from the U.S. Embassy in Jakarta. Asked why he was able to re-enter the United States, Riady told the Washington Post in 2010 he was able enter the United States because of $20,000 he paid to the Clinton Foundation.
Two years later, with Hillary still at the State Department, Lippo China made its bid for a 28 percent stake in CS Mining."
EXCLUSIVE: Convicted Clinton Indonesian Financier Returns To The US
"When James Riady and his family’s company, called the Lippo Group, pled guilty to campaign fraud in the 1990s for donations to Bill Clinton, it looked as if the Indonesian-based businessman’s days were over — and just another ugly chapter of American political history.
Yet, starting in 2011 when Hillary Clinton was secretary of state, the Riadys started their return to the United States through a new Chinese subsidiary called Lippo China Resources, which sought to become a minority owner in a Utah company called CS Mining.
Riady’s Lippo China Resources hopes to obtain majority ownership of the Utah company at a bankruptcy court hearing Friday in Salt Lake City. They are trying to acquire the land — the size of Manhattan — at fire-sale prices, The Daily Caller News Foundation’s Investigative Group has found.
The Riady family — Indonesian citizens who property worldwide and business holdings that include mainland China — hope to gain control of the copper, gold and silver reserves on 60,000 acres in Utah.
The Clinton-Riady saga appeared to end Jan. 10, 2001, 10 days before Clinton left the White House, when Attorney General Janet Reno penned a guilty plea for Riady. The move infuriated Republicans because it looked as if Clinton was going easy on his former financial patron.
Despite Riady’s guilty plea, the Indonesian billionaire remains quite open about how his payments to the Clintons have produced tangible benefits for him and his family’s company.
In 2009, for instance, when Hillary Clinton was secretary of state, Riady re-entered the United States for the first time by getting a waiver from the U.S. Embassy in Jakarta. Asked why he was able to re-enter the United States, Riady told the Washington Post in 2010 he was able enter the United States because of $20,000 he paid to the Clinton Foundation.
Two years later, with Hillary still at the State Department, Lippo China made its bid for a 28 percent stake in CS Mining."
