WASHINGTON, D.C. (sentinel.ht) – While Secretary of State, Hillary Clinton helped pave the way for a Clinton Foundation donor to receive $10 million from the Overseas Private Investment Corporation (OPIC), a federal agency that operates under the guidance of the State Department, to build houses in Haiti after the 2010 earthquake.
The project turned out to be a scam, where 500 homes were not built and $10 million was lost. The man, Claudio Osorio, is now serving 12 years, according to a report by Judicial Watch.
Claudio Osorio had hosted a fundraiser for Hillary at his Star Island mansion. He was a Clinton Foundation donor, contributing between $10,000 and $50,000 to the organization, according to Alana Goodman of the Free Beacon. In addition, Osorio had hired Clinton’s 2008 finance director Jonathan Mantz to lobby OPIC for the loan request.
An official at the Overseas Private Investment Corporation (OPIC), a federal agency under the guidance of the State Department, wrote a memo on Jan. 26, 2010 to her superiors recommending funding for a construction project in Haiti.
According to the proposal, Miami businessman Claudio Osorio and his company InnoVida would build homes on the island using low-cost proprietary panels. Lynn Tabernacki, OPIC’s renewable energy director, noted in the report that InnoVida had “U.S. persons of political influence that are able to assist in advancing the company’s plans.”
“For instance, former President Bill Clinton is personally in contact with the Company to organize its logistical and support needs,” wrote Tabernacki. “Secretary of State Hillary Clinton has made available State Department resources to assist with logistical arrangements.”
Additionally, the Clinton Global Initiative had “indicated that it would be willing to contract to purchase 6,500 homes in Haiti from InnoVida within the next year.”
Less than 24 hours after Tabernacki, the OPIC official, wrote her memo citing Osorio’s Clinton connections, OPIC approved a $10 million loan. It approved the loan just two weeks after the company proposed the project. Officials told Goodman that the process usually takes months or years.