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I need your help!

The first step in fixing a problem is admitting you have it!

After dozens of hours work I am getting to the point of moving in ever decreasing circles - that usually ends with a deadly disappearance!

I've made a promise to deliver a brief of evidence about The Rudd's payment of $10M to the Clinton Foundation in 2008/09.

The Global Carbon Capture and Storage Institute Ltd states that it made the $10M agreement with the Clinton Foundation - here is an extract from the misleading and deceptive statement the GCCSI released 

William J. Clinton Foundation (CLINTON FOUNDATION)

The Institute provided AU$10 million to the Clinton Foundation to support the work being conducted through the Clinton Climate Initiative to accelerate key ‘Early Mover’ CCS projects around the world.

Established by former US President Clinton in 2001 the Clinton Foundation works to strengthen the capacity of governments and individuals to alleviate poverty, improve global health, strengthen economies, and protect the environment.

The Clinton Foundation work program includes:

  • collaboration with ‘Early Mover’ CCS projects in the Netherlands and Australia to help overcome specific barriers;
  • identification of potential future CCS projects and work to accelerate the development of these; and
  • sharing ‘best practice’ and case studies from Early Mover projects that have been engaged.

Achievements

  • Scoping work has been conducted in Indonesia, Malaysia, China, Germany, UK, Netherlands,Poland and Australia to identify and select potential future CCS projects for engagement.
  • Studies undertaken for the Carbon Net project, Australia.
  • Collaboration on stakeholder activities, Netherlands.
  • Malaysian CCS scoping study due to be completed in November 2010.

ENDS

Here is the GCCSI's ASIC financial return for 2009/10 and a detailed listing of ASIC's information on the entity.

Download 373737363636383736383

Download 383530383934333736323

Here are some of the government papers I have been wading through.

We are looking for documents regarding the $10M paid to the Clinton Foundation.

From my review of the above, it's clear that Rudd directed the money be paid to the Clinton Foundation prior to the incorporation of the GCCSI.  The GCCSI reported the $10M deal as having been "novated" to it, but there is no corresponding book entry in its accounts taking up the "value".

I've also reviewed the Federal Budgets from the period and the annual reports from Martin Ferguson's department www.ret.gov.au and the prime minister's department.

A very large vote of thanks to the person who can nail this for us!

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