A federal agency rushed to approve funding for a Clinton donor’s sham Haiti recovery project that ended up defrauding the U.S. government out of millions, according to court transcripts and internal government documents obtained by the Washington Free Beacon.
Miami businessman Claudio Osorio, who is currently serving 12 years in federal prison on fraud charges, leveraged his relationship with Bill and Hillary Clinton to help his company InnoVida obtain a $10 million loan from the Overseas Private Investment Corporation (OPIC) for a Haiti housing project in 2010.
OPIC is an independent government agency that submits its annual budget requests through the State Department and works closely with the agency.
Bill Clinton helped arrange for a high-powered Florida law firm to represent Osorio during loan negotiations with OPIC, according to court testimony. An internal OPIC memo said Hillary Clinton was prepared to marshal State Department resources to assist with the donor’s project.