By Sara Carter
Originally published on Circa
A Russian company, whose former executive was the target of an FBI investigation and who admitted to corrupt payments to influence the awarding of contracts with the Russian state-owned nuclear energy corporation, paid millions of dollars in consulting fees to an American firm in 2010 and 2011 to lobby the U.S. regulatory agencies and assist the Russians, who would go on to acquire twenty percent of American uranium, according to court documents, a former FBI informant and extensive interviews with law enforcement sources.
Roughly $3 million in payments from 2010 to 2011 were made to APCO Worldwide Inc. The firm also provided in kind pro-bono services to Bill Clinton’s foundation, the Clinton Global Initiative, services they begin 2007, according to APCO officials who spoke with Circa and press releases from the company. In 2010, then-Secretary of State Hillary Clinton was part of the Obama administration board that would eventually approve the sale of U.S. uranium supply to a Russian company.
According to the contract obtained by Circa, the “total fee is comprised of the fixed quarterly fee which shall be $750,000 per each of the four three-month periods of rendering Services here under during the validity period of this contract, including the 18 percent Russian VAT payable in the territory of the Russian Federation.”
Long-time Clinton supporter and APCO CEO, Margery Kraus signed the continuing contract on April 12, 2010, with TENEX, as the Russian company’s top executive Russian businessman Vadim Milkerin was being investigated by the FBI for kickbacks and bribery involving American companies, according to the APCO TENEX contract and court documents obtained by Circa. TENEX is a subsidiary of the the Russian state owned nuclear giant Rosatom, according to financial filings of the company.
APCO Worldwide Inc. said in a statement to Circa, “APCO was not involved on any aspect of Uranium One, or the CFIUS process relating to it. APCO Worldwide undertook activities on behalf of Tenex in 2010 and 2011 relating to civil nuclear cooperation, which APCO properly disclosed in detail at the time in public filings. Separately, since 2007-2008, APCO provided services in kind to the Clinton Global Initiative. APCO’s work for Tenex and APCO’s work for the Clinton Global Initiative were separate and unconnected, publicly documented from the outset, and fully consistent with all regulations and US law.”
APCO also told Circa in the statement that “Milkerin was not involved in APCO’s contract with Tenex and APCO did not have any relationship with him.”
“We have never been interviewed by the FBI … and we discovered the charges like everyone else ,” an APCO official familiar with contract said.
The Clinton Foundation did not respond to numerous attempts for comment.
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