The Corruption Continues, Part 2 The building of an empire

The creation of Uranium One

gold mine
New Kleinfontein gold mine,     South Africa

In Part 1 of this series, I laid out the Kazakhstan connection to the Uranium One scandal. You can read Part 1 here.  Let me pick up the story from there.

 

Two months after the illegal sale of Kazakh mining rights to Frank Giustra, another Kazakh official died. This time it was Zamanbek Nurkadilov. He was head of government’s emergency situations department. It was portrayed as another suicide. He apparently shot himself in the chest twice, just before shooting himself in the head. At least that was the official government explanation. The story that followed made it out to be a politically motivated death. In March of 2004, 8 months earlier, Nurkadilov spoke out in opposition to the corruption in the administration…..that means he was criticizing the president. But I must say, I believe this has more to do with the meeting between Ablyazov and Clinton, and the sale of the Kazakh mining rights than with the presidential corruption.  Look at this account from a middle Asian website called Registan.net:

“Nurkadilov had served as a parliamentary deputy, administrative head for Almaty and the surrounding region, and head of the government’s emergency situations department. In March 2004 he suddenly accused the administration of President Nursultan Nazabayev of massive corruption, and was gathering information on the first family to support allegations that they had illegally acquired many state properties and enterprises.”

Seems like Mr. Nurkadilov might have known what was going on. For him to be killed so soon after that acquisition, to me is suspect. This is how these guys play. Anyway, just a little intrigue for your enjoyment. I would like to diverge from the timeline for just a couple of paragraphs:

For over a year, opponents of Donald Trump have tried to link the president to Russia. That somehow he stole the election colluding with Russia. Other than there being no evidence of any of it, the indoctrination of the rubes on the left has been complete. Sadly, none of these leftist followers will read my blog or seek the truth for themselves. The Clinton’s, the Russians, and organized crime have been in business together for a long time. As I was doing this research I asked myself, why did Giustra take Clinton with him to Kazakhstan? Why did he believe Clinton could help him? Most media accounts have concluded that He spoke favorably about Nazarbayev, just before the 2005 election. Really?  Then there’s that meeting with Ablyazov. What we do know now, is Ablyazov is a big time criminal. I only outlined a tiny fraction of his criminal activities. In 2009 he fled Kazakhstan for London. He found himself on trial for embezzlement of BTA bank. The trial was the biggest in England’s history. Just before his sentencing on just one charge, he fled, to become a fugitive. A year later he was captured in Nice, France and put in a French jail where he would face extradition to Kazakhstan. After nearly 4 years of delay the French high court refused to extradite Ablyazov, and set him free. Its amazing what money can buy. He went on trial in Kazakhstan anyway in absentia and was convicted and sentenced to 20 years in prison. You can read about those two trials here and here.
But still the question remains: why take Clinton? Seems like Clinton knows a lot of people. Some of them not so savory. Take Grigori Loutchansky.

Loutchansky
Grigori Loutchansky

Mr. Loutchansky was invited to an intimate fund-raiser dinner with Bill Clinton back in 1993. He is a notorious Russian mobster who happens to own a bank…..do tell! Nordex in Vienna tied to Russian money laundering for years is run by Loutchansky. He has flown with Bill Clinton and Al Gore and was even invited to a Washington DNC fund raiser, but backed out in fear he would be arrested when coming to the United States. One connection to our story, is that Loutchansky is a known trafficker of nuclear materials and nuclear technology.

vekselberg
Victor Vekselberg

Then there’s Viktor Vekselberg. Although a story for another time, Mr. Vekselberg started the technology city of Skolkovo in Russia. Created during the “Russian Reset”, Skolkovo was an attempt to encourage American technology companies to invest in Russia……and they did! Billions of dollars and untold technology flew into Skolkovo. If that isn’t stupid enough, 17 of the 28 companies that invested there, donated up to $25 million to the Clinton Foundation….you can draw your own conclusions. You also can read more about Skolkovo here.

 

I could go on, but you get the picture. Bill Clinton knows the right people, or should I say the people who can make him money. This is what Frank Guistra needed. A connection to someone who was willing to sell him what he wanted….Bill Clinton earned his 31 million dollars.

But now, its time to get back to our timeline.

Uranium 1 timeline

Just how was Uranium One created. We’re now in early 2003. A man well versed in Mining is struggling with his 100+-year-old gold mine in South Africa. The mine (pictured at the top of the page) is the New Kleinfontein gold mine, and the man is Neal Froneman

neal froneman
The gold is almost gone and Froneman is about out of money. He takes what he has left and begins to convert the gold mine to a uranium mine. He controls many miles of land that contain uranium reserves. Another South African Mining company notices and a merger takes place. Aflease Gold and Froneman’s company merge under Aflease’s banner. Froneman remains at the helm, his gamble pays off. 3000 miles away in Australia, another struggling uranium company has been trying to open a uranium mine and processing facility called Southern Cross. They finally manage to get all the government approvals and the “Honeymoon” mine is reopened in 2004. Aflease has been looking around to expand its position in the world in uranium. They tender an offer for Southern Cross and in 2005 merge with Aflease to form a new company called SXR Uranium One. This is only a few months before Guistra makes his deal with Ablyazov. Just about immediately, talks begin between Aflease and Giusta’s Uraisa. Less than two months later in February of 2006, SXR buys Urasia……are you ready….for $3.1 BILLION! The new company formed is Uranium One.

The new Uranium One is now a Canadian Company listed on the Canadian and South African stock exchanges. It is now the 4th largest uranium producer in the world. Ian Telfer, a close confidant and friend of Frank Giustra is placed at the helm. Froneman remains in charge in South Africa. Over the next three years, Telfer and Uranium One directors will donate $8.6 million to the Clinton Foundation.

In the same month that Giustra seals the deal with SXR, . the still head of Kazakhstan’s nuclear energy, flies to Chappaqua to meet with Frank Giustra and Bill Clinton at his home. Both Clinton and Giustra deny the meeting took place then recant when evidence is produced. Boy, would I loved to have been a fly on the wall in that meeting.
About a year later the wheels are starting to come off in Kazakhstan. President Nazarbayev is pressuring Ablyazov to sell his shares of BTA Bank to the state. When he refuses, Nazarbayev nationalizes BTA and just takes it. Ablyazov flees to London. Not long after, Mukhtar Dzhakishev is arrested and Uranium One is getting worried

There are rumblings within Kazakhstan that the sale of those assets to Giustra was illegal. Now…this next part is important: All our media reports say that Hillary “signed” off on the sale to Russia, but this is what she was needed for and what the $31 million dollars bought. The US State Department, in December of 2009, pressures Kazakhstan to ok the deal, in writing. However, it transpired……they complied. It has been reported that Tim Phillips, a close advisor to Hillary Clinton and DNC operative met with Kazakh officials and made it clear that large DNC contributors were anxious to get this deal done. I would guess that a lot of money crossed some very important hands.

In my next installment, we will learn how Uranium One acquired American uranium and how the Russians got it.

Author: kgeorge152

Retired small business owner in manufacturing

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