John Bolton Took Money From Banks Tied To Cartels, Terrorists, Iran

Source: disobedient media

April 10, 2019 | by William Craddick

On June 12, 2018 The Washington Post ran an overlooked story where they disclosed that National Security Advisor John Bolton had accepted money from the Victor Pinchuk Foundation, Deutsche Bank and HSBC to return for his participation in speeches and panel discussions. These three entities have been linked to various kinds of corruption including sanctions evasion for Iran, money laundering on behalf of drug cartels, provision of banking services to backers of Islamic terror organizations and controversial donations to the Clinton Foundation.

The financial ties between Bolton and these institutions highlight serious ethical concerns about his suitability for the position of National Security Advisor.

I. Victor Pinchuk Foundation

John Bolton accepted $115,000 from the Victor Pinchuk Foundation to speak at multiple events hosted by the Foundation including one in September 2017 where Bolton assured his audience that President Donald Trump would not radically change US foreign policy despite his explicit campaign promises to do so.

The Victor Pinchuk Foundation was blasted in 2016 over their donation of $10 to $25 million to the Clinton Foundation between 1994 and 2005. The donations lead to accusations of influence peddling after it emerged that Victor Pinchuk had been invited to Hillary Clinton’s home during the final year of her tenure as Secretary of State.

Even more damning was Victor Pinchuk’s participation in activities that constituted evasions of sanctions levied against Iran by the American government. A 2015 exposé by Newsweek highlighted the fact that Pinchuk owned Interpipe Group, a Cyprus-incorporated manufacturer of seamless pipes used in oil and gas sectors. A now-removed statement on Interpipe's website showed that they were doing business in Iran despite US sanctions aimed to prevent this kind of activity.

Why John Bolton, a notorious war hawk who has called for a hardline approach to Iran, would take money from an entity who was evading sanctions against the country is not clear. It does however, raise serious questions about whether or not Bolton should be employed by Donald Trump, who made attacks on the Clinton Foundation's questionable donations a cornerstone of his 2016 campaign.

II. HSBC Group

British bank HSBC paid Bolton $46,500 in June and August 2017 to speak at two gatherings of hedge fund managers and investors.

HSBC is notorious for its extensive ties to criminal and terror organizations for whom it has provided illegal financial services. Clients that HSBC have laundered money for include Colombian drug traffickers and Mexican cartels who have terrorized the country and recently raised murder rates to the highest levels in Mexico’s history. They have also offered banking services to Chinese individuals who sourced chemicals and other materials used by cartels to produce methamphetamine and heroin that is then sold in the United States. China's Triads have helped open financial markets in Asia to cartels seeking to launder their profits derived from the drug trade.

In 2012, HSBC was blasted by the US Senate for for allowing money from Russian and Latin American criminal networks as well as Middle Eastern terror groups to enter the US. The banking group ultimately agreed to pay a $1.9 billion fine for this misconduct as well as their involvement in processing sanctions-prohibited transactions on behalf of Iran, Libya, Sudan and Burma.

Some of the terror groups assisted by HSBC include the notorious Al Qaeda. During the 2012 scrutiny of HSBC, outlets such as Le Monde, Business Insider and the New York Times revealed that HSBC had maintained ties to Saudi Arabia's Al Rajhi Bank. Al Rajhi Bank was one of Osama Bin Ladin's "Golden Chain" of Al Qaeda's most important financiers. Even though HSBC's own internal compliance offices asked for the bank to terminate their relationship with Al Rajhi Bank, it continued until 2010.

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