The Clinton Foundation lists the Brazilian construction firm OAS and the InterAmerican Development Bank (IDB) as donors that have given it between $1 million and $5 million. Those relationships are worth learning more about.
OAS has been in the news because it is caught up in a corruption scandal centered on Brazil’s state-owned oil company, Petrobras. In November Brazilian police arrested three top OAS executives for their alleged roles in a bribery scheme involving inflated contracts and kickbacks. OAS denies the allegations. Closer to home the 2013 OAS donation to the Clinton Foundation deserves attention because of the power that Bill Clinton has in Haiti, where OAS has been awarded IDB contracts.
Development banks are the butt of jokes among economists because while they claim to fight poverty they are mostly good at empire building. The same might be said of the Clintons in Haiti. A few months after Hillary Clinton became secretary of state in 2009, Bill Clinton was named the U.N. special envoy to Haiti. That gave the Clintons a lot of power over U.S. foreign-aid decisions in the small country.