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Thursday, September 3, 2015

Haiti Fraudster Had Line to Clinton at State Department

By Rick Pearcey • September 3, 2015, 08:59 AM

Alana Goodman reports at Free Beacon:

A Clinton donor was granted a $10 million federal loan for a Haiti house-building scam around the day his lobbyist was in contact with Hillary Clinton about the project, emails released by the State Department show.

Lobbyist Jonathan Mantz, who served as Clinton's 2008 finance director, reached out to Clinton with details about his client Claudio Osorio's Haiti house-building efforts in January 2010. The Overseas Private Investment Corporation, a federal agency that works closely with the State Department, was in the process of approving a $10 million loan for Osorio’s company InnoVida around the same time.

"InnoVida later defaulted on the loan and the houses were never built. Osorio, who has contributed to both the Clinton Foundation and Hillary Clinton's 2008 campaign, is currently serving 12 years in federal prison on fraud charges related to the loan," according to the Beacon.

The Overseas Private Investment Corporation "ended up approving InnoVida's loan request in just two weeks -- although the process typically takes months or years -- and waived a requirement for the company to turn over an audited financial report up-front, according to court testimony from OPIC officials reviewed by the Free Beacon," Goodman reports. [emphasis added]

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