People get their panties in a bunch about Trump’s tax returns. Well, they will be losing their heads over what John Podesta did…right?
The Daily Caller reports the former Clinton campaign chairman may have violated federal law by failing to disclose the receipt of 75,000 shares of stock from a Kremlin-financed company when he joined the Obama White House in 2014.
Joule Unlimited Technologies (this is rich, it’s financed in part by a Russian firm) originally awarded Podesta 100,000 shares of stock options when he joined their board in 2010. But, when he left in 2014 to become Obama’s special counselor, the company issued him 75,000 common shares of stock. And Podesta left his form 278 Schedule B blank. That’s a big no-no.
The Schedule B section of the form 278 requires financial disclosures for government officials. It would have required Podesta to “report any purchase, sale or exchange by you, your spouse, or dependent children…of any property, stocks, bonds, commodity futures and other securities when the amount of the transaction exceeded $1,000.”
Can you see where this is going?
He should have reported those stocks. Even liberals agree with this. Craig Holman, a lobbyist for the liberal group Public Citizen, had this to say about the matter:
“Well Podesta should certainly have been more upfront in filling this out. Clearly, it should have been fully disclosed. That’s the point of the personal financial disclosure forms, especially for anyone entering the White House.”
This is a liberal saying this.
Former U.S. Attorney Joseph DiGenova sums it up pretty well,
“If the transfer of stock took place, it had to be disclosed. If he didn’t, clearly it’s a violation.”
Oh but wait, there’s more!
The same year Podesta joined Joule, the company agreed to accept 1-Billion-Rubles — or $35 million — from Rusnano, a state-run and financed Russian company with close ties to President Vladimir Putin.
Anatoly Chubais, the company CEO and two other top Russian banking executives worked together with Podesta on the Joule boards. The board met six times a year.
Ron Hosko, a former FBI assistant director said because of the Kremlin backing, it was essential Podesta disclose the financial benefits he received from the company.
“I think in this case where you’re talking about foreign interests and foreign involvement, the collateral interest with these disclosure forms is put in the forefront of full disclosure of any foreign interest that you may have,” he told TheDCNF in an interview.
All these shady dealings with Podesta should have people worried. Will anything happen to this man? Sadly, we highly doubt it.