Marc Rich's is the Glenco Re (or Glencore) company named in the MEMRI memo, right?
Yes. The pardon becomes ever so important, Clintons wanted the money. Talk about bribes....
There seems to be not one inch of soil on this globe that the Clintons have not polluted.
One of the most prolific purchasers of the oil was Swiss-based Glencore run by one-time fugitive American financier Marc Rich, which the report alleges paid over $3.2 million in kickbacks to the Iraqi government. Rich, formerly wanted for tax-evasion was pardoned by President Clinton in his last days in office.
The report says that the company denies any inappropriate deals.
At the time of the pardon, many people puzzled over why Bill Clinton would pardon a man who fled the country and whose status as a fugitive had been under negotiation with the FBI just prior to Clinton's action. Instead of cutting a deal with Rich to get him back to the US to face charges, Clinton pulled the rug out from under the FBI. Without the leverage of the charges, Rich had no further motivation to cooperate with the DoJ on any outstanding investigations.
At the time, the presumption was that Rich's wife had donated enough money to buy the pardon. Now, however, the question may be whether Clinton knew about the corruption and feared that an aggressive Bush administration policy would uncover Rich's participation in undermining Iraqi sanctions while Rich raised funds for both his presidential library and Hillary's election. Capt.Quarters.