Daniel Pipes Obama-Gate US politics

Dr.Daniel Pipes: Obama’s Mansion, Saddam’s Money…….

The nexus of nefarious characters in the background of Barack Obama’s political career demands further scrutiny. Alas, since the media has shirked its responsibilty, it’s left up to others to uncover, and Dr.Daniel Pipes does just that.
PIPES: Barack Obama appears to have personally benefited from funds originating in Saddam Hussein’s regime. It’s a complicated connection, but one that deserves the consideration of Americans voters.

Two similar figures, Nadhmi Auchi and Antoin S. “Tony” Rezko, served as the intermediaries. Both are Middle Eastern males of Catholic Christian heritage who left Baathist dictatorships for Western cities (Auchi from Iraq to London, Rezko from Syria to Chicago). Both became successful businessmen who hobnobbed with politicians and promoted Arab interests. Both have been convicted of taking kickbacks and both stand accused of other shady dealings.

[…]

In three steps, these corrupt businessmen tie the Democratic Party presidential candidate to the executed Iraqi tyrant:
  1. Saddam Hussein made use of Auchi: Auchi’s fortune largely grew through his Iraq government connection, much of it sub rosa. In the 1980s, he procured Italian military ships. By 1993, the Italian banker Pierfrancesco Pacini Battaglia testified about Auchi bribing Iraqi officials for an Italian engineering company and called Auchi “one of the most important intermediaries in the affairs of Middle Eastern countries.” Auchi is also a major shareholder in BNP Paribas, the French bank deeply implicated in the U.N.’s corrupt Iraq oil-for-food program.
  2. Auchi made use of Rezko: Rezko lobbied for Auchi to be allowed into the United States. A wholly-owned GMHSA subsidiary, Fintrade Services Inc., transferred a loan of $3.5 million on May 23, 2005 to Rezko.
  3. Rezko cultivated Obama: Rezko offered Barack Obama a job in 1990, which Obama declined. Still, Rezko persisted, hiring him for legal work and hosting in 2003 an early fundraiser that, writes David Mendell in Obama: From Promise to Power, proved “instrumental in providing Obama with seed money” for his nascent U.S. Senate campaign. Then, on June 15, 2005, just twenty-three days after receiving Auchi’s $3.5 million, Rezko partnered with Obama in a real estate deal: while Rezko’s wife paid the full asking price, $625,000, for an empty adjoining lot which they then improved, subdivided, and partially sold to Obama, Obama acquired a mansion for $1.65 million, $300,000 under the asking price.

More here. KGS

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