Culture Beat / May 24, 2016

The Clintons' $100 Million 'Blood Minerals'

Major Clinton Foundation donor helped fund African insurgents.

In July 2007, the Clinton Foundation announced that “Vancouver-based Lundin for Africa … has pledged $100 million to the … Clinton Giustra Sustainable Growth Initiative (CGSGI), which is aimed at alleviating poverty and building sustainable local economies in developing countries.”

There’s just one major problem with that description. The group that claimed to be improving lives was actually helping fund the insurgents who were disenfranchising fellow Africans. According to a Daily Caller investigation, “When the … 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.”

The Caller continues, “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.” One could argue that the Clinton Foundation has blood on its hands. Of course, as Hillary Clinton might argue, what difference, at this point, does it make?

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