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KoKo

(84,711 posts)
3. More at the Link:
Fri Mar 11, 2016, 08:05 PM
Mar 2016
On March 31st, 2011, Johnnie Carson, Assistant Secretary of State for African Affairs, first sent a message to Jacob Sullivan, Clinton’s Deputy Chief of Staff, relaying the request from the South African Foreign Minister, Maite Nkoana-Mashabane. After some back-and-forth between Carson, Sullivan and Huma Abedin, another close Clinton aide, on the scheduling of the call, Sullivan told Abedin he has spoken to US Ambassador Gips.

Sullivanreported heavy “traffic” at the embassy, meaning a large volume of communication between the US and the South African government, saying that the embassy’s Deputy Chief of Mission, Helen La Line, has been “frenetically engaged with the South African MFA [Ministry of Foreign Affairs].” Sullivan added, “Hormats and Lew are negotiating with the Treasury,” referring to Robert Hormats, then Under Secretary of State for Economic, Business, and Agricultural Affairs, and Jack Lew, at the time Deputy Secretary of State for Management and Resources.

On the following day, Secretary Clinton joined the email chain, asking “Who is acting for So Africans in response to our mitigation concerns?”, to which Sullivan replied “Their Minister of Finance is their lead interlocutor.”

Two hours later, Clinton wrote to Sullivan again, updating that she has now talked to South Africa’s Foreign Minister. Clinton said: “she made the point that Zuma [several words then redacted] and they intend to use variety of energy sources in the future but this project is essential to deliver electricity – which I think our experts agree is right.” [Emphasis added].“Zuma,” of course, is Jacob Zuma, the President of South Africa.

The closing sentence of the message is redacted.

Seven days later, The World Bank approved the huge loan. The United States, along with the UK and Holland, abstained during the vote.

Climate activists blasted the Work Bank for the loan, but many also criticized the US for abstaining rather than trying to block the decision.


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The Kusile Plant Decision

To construct the Kusile coal plant, South Africa sought a different funding route, now eyeing private capital.

To this end, in 2010 Eskom solicited its main contractor for the plant, Kansas City-based infrastructure engineering and construction company Black & Veatch to apply for financing from the US Export-Import Bank (Ex-Im Bank). As an independent government agency, the bank invests in projects that guarantee the employment of American workers and suppliers.

In April 2011, the Ex-Im Bank approved the $850 million loan for the Kusile plant — again to the great dismay of environmentalists. The decision came despite more than 7,500 public comments in opposition to the project. Activists were baffled as to why the governmental bank approved the loan for the controversial project.

MORE AGAIN AT:


http://www.desmogblog.com/2016/03/07/hillary-clinton-showed-support-associates-profited-building-world-s-largest-coal-plants-south-africa

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