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Created page with "'''Marc Rich''', who likewise was implicated in the BCCI scandal,<ref>http://fas.org/irp/congress/1992_rpt/bcci/24appendic.htm</ref> is the biggest tax cheat in American h..."
'''Marc Rich''', who likewise was implicated in the [[BCCI]] scandal,<ref>http://fas.org/irp/congress/1992_rpt/bcci/24appendic.htm</ref> is the biggest tax cheat in American history. Rich fled the country. He was a big donor to the Clintons and the [[Democratic party]], so [[Bill Clinton]] wanted to pardon him. [[Eric Holder]], who later served as [[Barack Obama]]'s Attorney General, arranged the pardons.<ref>[http://www.cnn.com/2009/POLITICS/01/16/holder.confirmation/ Former FBI director: Holder was 'used' in Rich pardon], [[CNN]]</ref> Former President [[Jimmy Carter]] publicly called it "disgraceful".<ref>[http://www.cbsnews.com/news/carter-rich-pardon-disgraceful/ Carter: Rich Pardon 'Disgraceful'], CBSNews.com staff AP February 21, 2001</ref> Rich's wife then donated at least $450,000 to the [[Clinton Foundation]].
==Panama Papers==
Marc Rich figures in the Panama Papers. He appears in the leaked documents in connection with Industrial Petroleum Ltd., registered in the [[Bahamas]] in 1992,[5] and owned by Glencore International. Rich, who died in 2013,[14][15] was indicted in 1983 on 65 [[criminal]] counts and fled to [[Switzerland]].[16] The fugitive billionaire received a controversial presidential [[pardon]] from Bill Clinton. Charged with [[income tax]] evasion, wire [[fraud]], racketeering, and trading with [[Iran]] during the oil embargo, while Americans were still being held [[hostage]] there, he could have been sentenced to 300 years in [[prison]].[14][17] He was also accused of keeping [[South Africa]] supplied with oil between 1979 and 1993, partially during the time when official anti-[[apartheid]] [[sanction]]s were passed by [[US Congress]].[18]
His ex-wife Denise made a $450,000 donation to Clinton's presidential library in [[Little Rock]], [[Arkansas]] and an additional $1.2 million in donations to Democratic Party political campaigns, including Hillary Clinton's first bid for the [[Senate]].[5] Clinton critics called it a ''[[quid pro quo]]'', but both [[Israel]]i [[prime minister]] [[Ehud Barak]], and former prime minister [[Shimon Peres]] personally asked Clinton to pardon Rich. After the 1973 [[Yom Kippur War]], Rich supplied Israel with oil. In addition, Rich, whose family escaped [[Nazi]]s in 1941, funded operations to help [[Jews]] leave [[Yemen]] and [[Ethiopia]] during the 1970s and 80s.[19] Rich had contributed [[intelligence]] to [[Mossad]] (the Israeli intelligence services), wrote ''Salon'''s Joe Conason. "Winning the pardon was a top priority for Israeli officials because Rich had long been a financial and intelligence asset of [Israel], carrying out missions in many hostile countries where he did business," and the US wanted Israeli cooperation in upcoming peace talks.[20]
==See also==
*[[Bill Browder]]
==References==
{{reflist}}
{{DEFAULTSORT:Rich, Marc}}
[[Category:Democrats]][[category:Corruption]][[category:Clinton Administration]][[category:1990s]]
==Panama Papers==
Marc Rich figures in the Panama Papers. He appears in the leaked documents in connection with Industrial Petroleum Ltd., registered in the [[Bahamas]] in 1992,[5] and owned by Glencore International. Rich, who died in 2013,[14][15] was indicted in 1983 on 65 [[criminal]] counts and fled to [[Switzerland]].[16] The fugitive billionaire received a controversial presidential [[pardon]] from Bill Clinton. Charged with [[income tax]] evasion, wire [[fraud]], racketeering, and trading with [[Iran]] during the oil embargo, while Americans were still being held [[hostage]] there, he could have been sentenced to 300 years in [[prison]].[14][17] He was also accused of keeping [[South Africa]] supplied with oil between 1979 and 1993, partially during the time when official anti-[[apartheid]] [[sanction]]s were passed by [[US Congress]].[18]
His ex-wife Denise made a $450,000 donation to Clinton's presidential library in [[Little Rock]], [[Arkansas]] and an additional $1.2 million in donations to Democratic Party political campaigns, including Hillary Clinton's first bid for the [[Senate]].[5] Clinton critics called it a ''[[quid pro quo]]'', but both [[Israel]]i [[prime minister]] [[Ehud Barak]], and former prime minister [[Shimon Peres]] personally asked Clinton to pardon Rich. After the 1973 [[Yom Kippur War]], Rich supplied Israel with oil. In addition, Rich, whose family escaped [[Nazi]]s in 1941, funded operations to help [[Jews]] leave [[Yemen]] and [[Ethiopia]] during the 1970s and 80s.[19] Rich had contributed [[intelligence]] to [[Mossad]] (the Israeli intelligence services), wrote ''Salon'''s Joe Conason. "Winning the pardon was a top priority for Israeli officials because Rich had long been a financial and intelligence asset of [Israel], carrying out missions in many hostile countries where he did business," and the US wanted Israeli cooperation in upcoming peace talks.[20]
==See also==
*[[Bill Browder]]
==References==
{{reflist}}
{{DEFAULTSORT:Rich, Marc}}
[[Category:Democrats]][[category:Corruption]][[category:Clinton Administration]][[category:1990s]]