3/03/2005

Marc Rich: Tax Fraud..Shady Oil Deals..Funneling Russian Rubles to Corrupt Oligarchs..Rubbing Shoulders with the Ayatollah..Now Oil for Food..

Back in 2001 Jennifer King wrote about the irony of the Marc Rich pardons…the liberal ‘outrage’…and Bill Clinton’s cavalier disregard for the law of the land…the LAW OF THE LAND OVER WHICH HE PRESIDED AS PRESIDENT…

Ms. King wrote about the tax fraud, shady oil deals, the funneling of Russian rubles to the corrupt oligarchs and rubbing shoulders with the Ayatollah while American hostages stewed in Iranian jails…

She also noted that In a quainter era, Marc Rich would never have received a Presidential pardon. He might even have been dubbed a traitor…

But…nothing happened…Bill and Hillary continued with their disgraceful vacating of the White House…common thieves themselves…

and nothing happened…

…even now…Marc Rich is being queried about his involvement in the Oil for Food program...he refuses to speak to investigators face-to-face...and he GETS AWAY WITH IT!

FoxNews is reporting today that billionaire fugitive financer Marc Rich has declared to congressional investigators probing the Oil-for-Food scandal that he had a limited role in the program and knew nothing about Saddam Hussein's bribery schemes.

Rich, who currently lives in Switzerland, recently confirmed what his own company would not admit to FOX News last year — that he was authorized to buy and sell oil as part of the billion-dollar U.N. program.

He personally replied to written questions submitted to him by the House International Relations Committee through the Swiss Embassy earlier this week.

"Mr. Rich's answers were non-responsive, which is no surprise because we believe he knows more than he wishes to acknowledge," said a spokesman for committee chairman Rep. Henry Hyde, R-Ill.

Rich has a long history of oil dealing; he was charged with tax evasion and violating the American ban on selling oil to Iran in the 1980s. He was pardoned by President Clinton in January 2001.

That pardon…still stinks...it has never passed the smell test…

DeniseRich, calling the indictment ‘unjust’ and ‘related to old energy regulations’...wrote to Bill Clinton asking for a pardon…

Ms. King noted: Denise (aka DeKnees) Rich, the bubbly ex-wife with the suspiciously large chest, made almost 100 unexplained visits to Mr. Bill…

THAT could explain some of it…but…seriously…do YOU think the President of the United States would pardon a criminal…for a 'Lewinski'?

Only two people know the answer to that one…and I think it is time for answers…REAL answers…

Marc Rich isn’t a small time bank robber…far from it…it goes way, way, WAY beyond that…

Consider this:

In 1983, Rich was indicted in federal court of evading more than $48 million in taxes. He was also charged with 51 counts of tax fraud and with running illegal oil deals with Iran during the hostage crisis.

Marc Rich's socialite ex-wife has donated an estimated $1 million to Democratic causes, including $70,000 to Hillary Clinton's successful Senate campaign and $450,000 to the Clinton presidential library fund. She also lobbied heavily for Marc's pardon. Investigators want to know if Denise's contributions led to a direct quid pro quo exchange for her ex-husband's pardon. Clinton has denied any connection, saying he relied solely on the information provided by Jack Quinn (former White House counsel and Rich's current lawyer) when he was weighing the pardon request.

President Clinton completely ignored standard procedures in finally pardoning Rich. His action bypassed the Justice Department and blindsided Mary Jo White, the U.S. attorney who serves in the district formerly presided over by Giuliani.

"It was the biggest tax evasion case in United States history,” said New York City Mayor Rudolph Giuliani, who at the time was U.S. attorney for the Southern District of New York.
But tax evasion was just the final piece of the Rich indictment.

Rich was also charged with a complex oil scam that exploited America’s energy crisis in the early ’80s. The 65-count indictment claimed he had secretly bought up millions of barrels of Texas crude oil then under strict price controls and relabeled the oil as decontrolled supplies, ultimately selling it on the open market for huge profits — reportedly $100 million.

And while 52 Americans were held hostage in Iran, Rich’s company allegedly made another fortune by trading with the Ayatollah Khomeini’s regime in violation of a strict American trade embargo.

Rich and his partner were then charged with failing to pay U.S. taxes on the profits.
The formal charges sounded like the case against gangster Al Capone: wire fraud, mail fraud, racketeering, trading with the enemies of the United States, and, of course, tax evasion….

The list of countries that Rich has traded with reads like a compendium of rogue states: Iran during the hostage crisis, apartheid-era South Africa, Slobodan Milosevic's Yugoslavia, North Korea, Moammar Gaddafi's Libya, the Soviet Union under Leonid Brezhnev.

…and this is the man that President Clinton, in the final hours of his administration, pardoned...absolved him of his crimes…

We deserve to know the truth…and if President Clinton was paid off (in more ways than money)…if he was bought off to pardon a criminal…we need to know…

DR