The Clinton administration blocked this extraction with claims that it would despoil the environment. Tampa Electric of Florida recently contracted to purchase 400,000 tons of coal per year from Borneo. It is high quality, just as it is in Utah. It comes from mines largely owned by the Lippo Group, an Indonesian conglomerate that made heavy financial contributions to Clinton's 1996 re-election campaign. The Lippo coal's stock value immensely increased after the 68 billion tons of coal in Utah were closed off.
Democrat, Scandal, Energy, Corruption
The Clinton administration blocked this extraction with claims that it would despoil the environment. Tampa Electric of Florida recently contracted to purchase 400,000 tons of coal per year from Borneo. It is high quality, just as it is in Utah. It comes from mines largely owned by the Lippo Group, an Indonesian conglomerate that made heavy financial contributions to Clinton's 1996 re-election campaign. The Lippo coal's stock value immensely increased after the 68 billion tons of coal in Utah were closed off.
Democrat, Election, Scandal, Convict
James T. Riady, a longtime Indonesian friend of President Clinton who heads the worldwide Lippo banking group, pleaded guilty Thursday to conspiracy related to illegal campaign contributions in the 1996 Democratic fund-raising scandal and during the previous eight years.
Democrat, Scandal, Energy, Corruption
(AP) A 1992 memo telling Bill Clinton that international banker James Riady had "flown all the way from Indonesia" to make a six-figure donation and take a car ride with the Democratic presidential nominee is providing investigators with fresh evidence of a foreign money trail. Riady, an Indonesian billionaire, wrote out half-a-million dollars in checks to the Democratic Party after the five-minute car ride scheduled with Mr. Clinton in August 1992, just weeks after he won the Democratic nomination. Some money went to the Democratic Party's accounts that directly help federal candidates.
Democrat, Scandal, Energy
In 1996 Clinton issued an executive order creating the 1.7 million-acre Grand Staircase-Escalante National Monument in Utah, rendering the "low sulfur" coal deposit off limits for commercial mining. The move, for all practical purposes, gave Beijing control of the world's only sulfur free coal through its Lippo Group partner.