While neither Bill nor Hillary Clinton have been implicated thus far in the 11.5 million documents leaked within the Panama Papers, the Papers still exposed interesting connections from the Clinton machine to Russia and Saudi Arabia.
The Podesta Group is a lobbying firm co-founded in 1987 by Tony Podesta and his brother John Podesta—who was Bill Clinton’s Chief of Staff and is the 2016 campaign director for Hillary Clinton.
The firm is well-known within the Democratic establishment and has worked intensively as a lobbyist in the Democratic Party. Tony Podesta is also currently a bundler for the Clinton campaign, having amassed about $75,000 for her presidential bid.
The Panama Papers reveal some of the clients of the Podesta Group, and they are questionable to say the least. The firm is listed as a lobbyist for Sberbank, which is one of Russia’s largest financial institutions with close ties to Vladimir Putin.
As the Free Beacon reports, “Sberbank engaged the Podesta Group to help its public image—leading Moscow financial institutions not exactly being known for their propriety and wholesomeness… The question is why the Podesta Group took Sberbank’s money.”
According to the Observer, Sberbank “controls almost 30 percent of Russia’s aggregate banking assets, employs a quarter-million people and is functionally an arm of the Kremlin, although it’s ostensibly a private institution.”
Potentially even more nefarious, the Podesta Group has a “hefty contract with the Saudi regime” and is aiding King Salman and his court with public relations, as Salon notes.
The Clinton ties to the Saudis are not limited to the Podesta Group; the Saudi regime donates enormous amounts to the Clinton Foundation (anywhere from an estimated $10 to $25 million) and during Clinton’s time as secretary of state, she approved major arms deals after certain Saudi groups donated to the foundation.
All of this information found in the Panama Papers concerning the Podesta Group just corroborates the belief that the Clintons are inextricably intertwined with the wealthy around the world, moral consequences be damned.
Banner / Thumbnail : Reuters