CLINTON FOUNDATION GOT $100M FROM ‘BLOOD MINERALS’ FIRM
SOURCE: DAILY CALLER
A little known Swedish-Canadian oil and mining conglomerate human rights groups have repeatedly charged produces “blood minerals” is among the Clinton Foundation’s biggest donors, thanks to a $100 million pledge in 2007, a Daily Caller News Foundation investigation has found.
“Blood minerals” are related to “blood diamonds,” which are allegedly mined in war zones or sold as commodities to help finance political insurgencies or despotic warlords.
When the Vancouver, Canada-based Lundin Group gave its $100 million commitment to the “Clinton Giustra Sustainable Growth Initiative,” the company had long been cutting deals with warlords, Marxist rebels, military strongmen and dictatorships in the war-torn African countries of Congo, Sudan and Ethiopia.
Lundin promoted its reputation as a fierce, hard-driving company. Adolf Lundin, who founded the company, audaciously traveled to the French home of Congo dictator Mobutu Sese Seko in 1996 to secure mining rights for his company. A few years later, Lundin admitted he had offered a “donation” to Mobutu’s “elections campaign,” but later said he never gave the funds.
His son, Lukas Lundin, also likes to promote the company’s reputation. He told an interviewer in 2005 his personal philosophy was “to chase elephants. Go big or go home.”
The Lundin Group reportedly cut a deal in 1997 with Congolese Marxist warlord Laurent Kabila, with a $50 million down payment toward $250 million they would give to the rebels in exchange for mining rights, according to according to U.N. Inspector Jason K. Stearns. Lundin eventually won majority rights to one of the country’s richest mineral veins.