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Kerry Has Investments in Companies Accused of Violating Iran Sanctions
Weekly Standard ^

Posted on 12/21/2012 10:50:39 AM PST by Sub-Driver

Kerry Has Investments in Companies Accused of Violating Iran Sanctions Daniel Halper December 21, 2012 12:59 PM

John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms.

Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran.

One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it's a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000 and 350,000 in assets in the company.

But a 2009 report from Congressional Research Services found that, since 1999, Petrobras has "major investments in Iran's energy sector."

The next year, in 2010, Congress lised Petrobras as a company possibly violating Iran sanctions.

"“Recently, after 50 lawmakers from both parties complained to President Obama about the lack of enforcement and sent him a list of companies that apparently violated the law, the State Department announced a preliminary investigation. Officials said that they were looking at 27 deals, and that while some appeared to have been ‘carefully constructed’ to get around the letter of the law, they had identified a number of problematic cases and were focusing on companies still active in Iran," the New York Times reported then.

"Among the companies on the list Congress sent to the State Department is the Brazilian state-controlled energy conglomerate Petrobras, which last year received a $2 billion Export-Import Bank loan to develop an oil reserve off the coast of Rio de Janeiro."

Senator Kerry did not sign the letter asking the Obama administration to investigate Iran sanctions violators

The New York Times has labeled that company "Possible violator of the Iran Sanctions Act."

"Petrobras, a state owned oil company in Brazil, invested $100 million to explore Iran's offshore oil prospects in the Persian Gulf. It has also received a large loan from the Export Import Bank to develop offshore oil reserves discovered off the coast of Brazil. Diogo Almeida, the economic attaché at the Brazilian Embassy in Iran, said the company is in talks with the Iranians about future oil and gas development projects, but first must determine how much of its resources it wants to devote to the Brazilian discovery. I.A. 'Tony' Piazza, managing director of Petrobras Middle East B.V. - Iran, confirmed that the company remains interested in doing business in Iran," the Times describes the company.

And media reports suggest Petrobras only wants to expand its investments and business in Iran.

Indeed, the company even has an office in Iran. And Iranian president Mahmoud Ahmadinejad visited Brazil to signal the close ties of the two countries.

Petrobras is not the only company Kerry has money in that's accused of violating U.S. law.


TOPICS: Crime/Corruption; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 1999; 1percent; 2010; ahmadinejad; bigoil; brazil; conflictofinterest; corruption; drilling; exportimportbank; fm180; form180; gas; georgesoros; investments; iran; iranianoil; iraniansanctions; iransanctions; iransanctionsact; johnflerry; johnfnkerry; johnkerry; kerry; mahmoudahmadinejad; middleeast; naturalgas; offshoredrilling; oil; oilreserves; pbr; persiangulf; petrobras; petroleobrasileiro; petroleum; richman; sanctions; secdef; secofstate; signtheform; soros; southamerica; stocks; tonypiazza; wealthy

1 posted on 12/21/2012 10:50:45 AM PST by Sub-Driver
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To: Sub-Driver
Kerry should have been tried for treason.
2 posted on 12/21/2012 10:52:07 AM PST by Baynative
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Nominating John Kerry for Secretary of State is a direct affront to everyone who has ever worn a uniform in service to America.

Anyone voting for his confirmation should be ridiculed and drummed out of office.

3 posted on 12/21/2012 10:55:24 AM PST by Baynative
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To: Sub-Driver

Kerry’s investments? C’mon now. The guy is a gigolo who married to very wealthy women. He never made any of his own money.

Insufferable....pompous.....arrogant.....blowhard.

Perfect personality match to the one who will soon be his next boss.


4 posted on 12/21/2012 10:55:39 AM PST by Trapped Behind Enemy Lines
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To: Baynative

“His net worth”? Surely you mean his second wife’s first husband’s Trust Fund!


5 posted on 12/21/2012 10:56:21 AM PST by massgopguy (I owe everything to George Bailey)
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To: Sub-Driver

Of course. Kerry is an established terrorist. Just go find any of the winter soldiers.


6 posted on 12/21/2012 10:57:10 AM PST by Hardraade (http://junipersec.wordpress.com (Vendetta))
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To: massgopguy
“His net worth”? Surely you mean his second wife’s first husband’s Trust Fund!

You've been listening to Howie Carr.

7 posted on 12/21/2012 11:04:26 AM PST by Gay State Conservative (When Robbing Peter To Pay Paul,One Can Always Count On Paul's Cooperation)
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To: Sub-Driver

The Iranians must have ketchup to squirt all over their French fries.


8 posted on 12/21/2012 11:07:58 AM PST by IbJensen (Liberals are like Slinkies, good for nothing, but you smile as you push them down the stairs.)
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To: Sub-Driver
Anyone who hears of a veterans group effort to oppose his confirmation, please let me know!
9 posted on 12/21/2012 11:12:03 AM PST by Baynative
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To: Sub-Driver

Kerry is the benedict arnold of our time.


10 posted on 12/21/2012 11:12:43 AM PST by longfellow (Bill Maher, the 21st hijacker.)
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To: Sub-Driver

what gets me is how our side handles such hearings. They know he will be confirmed so they go along and don’t rock the boat. they should use the media attention to point out all his negatives. never go along. oppose such nominations and use the media attention to educate

same with impeachment. they don’t try because they know the Senate will not convict. Doesn’t matter. Even if you know you will lose still use the opportunity to educate the masses and document the failings


11 posted on 12/21/2012 11:22:52 AM PST by plain talk
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To: Baynative

Kerry should STILL be tried for treason.

It isn’t surprising that this traitor helps Iran get past the sanctions.

I expect Republican Senators to stand in line to kiss his traitorous ass.If Republicans vote to endorse this traitor they should be run out of Washington on a rail.


12 posted on 12/21/2012 11:28:21 AM PST by Venturer
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To: Sub-Driver

Lol. One of our Sec. of Defense was head of a company that expanded business in Iran!


13 posted on 12/21/2012 11:29:54 AM PST by Theoria (Romney is a Pyrrhic victory.)
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To: Sub-Driver
Kerry's disclosure forms also reveal that he has invested in companies accused of doing business with Iran.

This would be a real problem for any "ordinary person" who tried it.

Of course that means Senator Kerry is in the clear.

14 posted on 12/21/2012 11:31:25 AM PST by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: Venturer

If Kerry were to ever get married again, he would make a perfect match with Hanoi Jane. She’s quite wealthy too. Always the number one qualification for him.


15 posted on 12/21/2012 11:31:35 AM PST by Trapped Behind Enemy Lines
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To: Sub-Driver
That's ok, it isn't his money, he didn't build that (he married it).

Hey, Hey; Ho, ho
Kerry: sign the one-eight-oh.

***BREAK***

Documents are held confidential except for official purposes. Is there any reason a Senator sitting on the committee that handles the confirmation for SecState cannot requisition Kerry's entire military file? Since SecState is in the line of succession, they have a duty to do so.

16 posted on 12/21/2012 11:31:56 AM PST by NonValueAdded (If you can keep your head when all about you are losing theirs, you've likely misread the situation.)
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To: Venturer
"Kerry should STILL be tried for treason."

ROGER, THAT!

17 posted on 12/21/2012 11:34:11 AM PST by Baynative
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To: Sub-Driver

During the hearings, which will be the first rino to say “My good friend” and which one will be the first to say “I think the president made a great choice in selecting you, John.”


18 posted on 12/21/2012 11:44:55 AM PST by Terry Mross ( I don't watch the "news". Someone ping me if anything big happens.)
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To: Steely Tom

Look, Pretrobras is a widely held stock, trading on the NY Stock Exchange as PBR. Anyone who has a brokerage account can buy some, and it is completely legal to do so.


19 posted on 12/21/2012 12:03:55 PM PST by proxy_user
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To: Sub-Driver

If I’m not mistaken, I believe George Soros has connections to Petrobras as well.


20 posted on 12/21/2012 12:15:21 PM PST by Patriot95
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To: Baynative

http://freedomoutpost.com/2012/11/swift-boat-vets-promise-to-resurface-against-john-kerry/


21 posted on 12/21/2012 2:16:40 PM PST by Wisconsinlady ("Never give the devil a ride; he will want to take over the driving.")
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To: Sub-Driver
So he's a piker compared to the scum he'll be working with.

Impeach the kenyan or secession.


22 posted on 12/21/2012 5:40:02 PM PST by ex91B10 (We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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.


23 posted on 02/28/2013 7:01:08 PM PST by piasa (Attitude adjustments offered here free of charge)
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