How the Clinton Foundation Got Rich off Poor Haitians

[excalibur]

Anyone surprised?

A snippet.

...

Where did it go? It did not escape the attention of the Haitians that Bill Clinton was the designated UN representative for aid to Haiti. Following the earthquake, Bill Clinton had with media fanfare established the Haiti Reconstruction Fund. Meanwhile, his wife Hillary was the United States secretary of state. She was in charge of U.S. aid allocated to Haiti. Together the Clintons were the two most powerful people who controlled the flow of funds to Haiti from around the world.

The Haitian protesters noticed an interesting pattern involving the Clintons and the designation of how aid funds were used. They observed that a number of companies that received contracts in Haiti happened to be entities that made large donations to the Clinton Foundation. The Haitian contracts appeared less tailored to the needs of Haiti than to the needs of the companies that were performing the services. In sum, Haitian deals appeared to be a quid pro quo for filling the coffers of the Clintons.

For example, the Clinton Foundation selected Clayton Homes, a construction company owned by Warren Buffett’s Berkshire Hathaway, to build temporary shelters in Haiti. Buffett is an active member of the Clinton Global Initiative who has donated generously to the Clintons as well as the Clinton Foundation. The contract was supposed to be given through the normal United Nations bidding process, with the deal going to the lowest bidder who met the project’s standards. UN officials said, however, that the contract was never competitively bid for.

Clayton offered to build “hurricane-proof trailers” but what they actually delivered turned out to be a disaster. The trailers were structurally unsafe, with high levels of formaldehyde and insulation coming out of the walls. There were problems with mold and fumes. The stifling heat inside made Haitians sick and many of them abandoned the trailers because they were ill-constructed and unusable.

The Clintons also funneled $10 million in federal loans to a firm called InnoVida, headed by Clinton donor Claudio Osorio. Osorio had loaded its board with Clinton cronies, including longtime Clinton ally General Wesley Clark; Hillary’s 2008 finance director Jonathan Mantz; and Democratic fundraiser Chris Korge who has helped raise millions for the Clintons.

Normally the loan approval process takes months or even years. But in this case, a government official wrote, “Former President Bill Clinton is personally in contact with the company to organize its logistical and support needs. And as Secretary of State, Hillary Clinton has made available State Department resources to assist with logistical arrangements.”

InnoVida had not even provided an independently audited financial report that is normally a requirement for such applications. This requirement, however, was waived. On the basis of the Clinton connection, InnoVida’s application was fast-tracked and approved in two weeks.

The company, however, defaulted on the loan and never built any houses. An investigation revealed that Osorio had diverted company funds to pay for his Miami Beach mansion, his Maserati, and his Colorado ski chalet. He pleaded guilty to wire fraud and money laundering in 2013, and is currently serving a twelve-year prison term on fraud charges related to the loan.

Several Clinton cronies showed up with Bill to a 2011 Housing Expo that cost more than $2 million to stage. Bill Clinton said it would be a model for the construction of thousands of homes in Haiti. In reality, no homes have been built. A few dozen model units were constructed but even they have not been sold. Rather, they are now abandoned and have been taken over by squatters.

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[Penelope]

Claudio Osorio screwed a lot of people even Jeb Bush. He is sitting in prison. Like a Bernie Madoff.

 

[boedicca]

Democrats exploiting poverty stricken black people for their own gain?

Who knew?