A book that has not yet been published has caused the New York Times to publish a wildly speculative, innuendo-laced article about the Clinton Foundation and my role in contributing money to it. There is not one shred of evidence to back up the Times‘ conclusions. This is not about me, but rather an attempt to tear down Secretary Clinton and her presidential campaign. If this is what passes for investigative journalism in the United States, it is very sad.
The facts do not comport with the story in the New York Times. The reporter, Jo Becker, wrote a similar piece in 2008, which was eventually debunked by Forbes. http://www.forbes.com/2009/01/12/giustra-clinton-kazakhstan-pf-ii-in_rl_0912croesus_inl.html
- I began working on financing the purchase of mining stakes from a private Kazakh company in early 2005. The purchase was concluded in late 2005.
- In late 2005, I went to Kazakhstan to finish the negotiations of the sale. Bill Clinton flew to Almaty a few days after I arrived in the country on another person’s plane, not on my plane, as the Times reported. Bill Clinton had nothing to do with the purchase of private mining stakes by a Canadian company.
- I sold all of my stakes in the uranium company - Uranium One - in the fall of 2007, after it merged with another company. I would note that those were sold at least 18 months before Hillary Clinton became the Secretary of State. No one was speculating at that time that she would become the Secretary of State.
- Other media outlets have insinuated that I influenced the decision by the U.S. to sign a free trade agreement with Colombia. At one point, I was an investor in Pacific Rubiales, a Colombian energy company. I sold my shares in Pacific Rubiales several years before the U.S.-Colombia Free Trade Agreement, which, I will note, was approved by several U.S. agencies and the White House. To theorize that I had anything to do with that is sheer conjecture.
I hope that the U.S. media can start to focus on the real challenges of the world and U.S. society. Focus on poverty, homelessness, infrastructure, health care, education, or fractious world politics. You are a great country. Don’t ruin it by letting those with political agendas take over your newspapers and your airwaves.
I am extremely proud of the work that we have done at the Clinton Giustra Enterprise Partnership. Thousands of people, all over the world, have been helped by this initiative. I plan to continue that work long after the harsh glare of this week’s media stories has faded.
8 thoughts on “Statement of Frank Giustra”
Patsy Cline beckons …
Have you read anything about the insinuation to which he is referring?
What aspect of the statement do you consider false?
Rather than call BS why not check out the links he provided … oh yeah, ’cause you do not like pesky liberal-biased facts.
the only liberal-biased fact here is that the Clinton Foundations did not honestly and accurately report its transactions. liberals who can’t files their taxes properly? par for the course! liberals are hypocrites through and through
Does this mean you’re going to release the emails that you exchanged with Hillary Clinton and her private server while she was Secretary of State?
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