Thursday, April 16, 2015

Hillary Clinton, Cisco And China: Company Funded Foundation, Was Lauded By Clinton Despite Role In Repression

International Business Times reports:
Cisco Systems had a public relations problem: Having invested $16 billion in the Chinese market, the technology giant was suddenly facing congressional scrutiny over its alleged complicity in building the so-called Great Firewall that helps China's authoritarian regime censor information and surveil its citizens.

The San Jose, California, company endured a high-profile Senate hearing about its Chinese operations in 2008 and reaffirmed its “continued commitment to China.” But the issue wouldn’t die. A group of investors stormed the company’s annual meeting in November 2009, pressing a shareholder resolution that would force the company to prevent the Chinese government from using Cisco technology to engage in what critics said was widespread human-rights abuse.

That’s when then-Secretary of State Hillary Clinton tossed the company a lifeline. Weeks after Cisco executives killed the shareholder initiative, Cisco was honored as a finalist for the State Department’s award for “outstanding corporate citizenship, innovation and democratic principles.” The next year, the company won the award. While the honors were for the company’s work in the Middle East, they gave Cisco a well-timed opportunity to change the subject and present itself as a champion of human rights.

What Clinton did not say at the State Department award ceremonies was that Cisco had been pumping money into her family’s foundation. Though the foundation will not release an exact timeline of the contributions, records reviewed by International Business Times show that Cisco had by December 2008 donated from $500,000 to $1 million to the foundation. The company had hired lobbying firms run by former Clinton aides. After the money flowed into the foundation, Clinton’s State Department not only lauded Cisco’s human rights record, it also delivered millions of dollars worth of new government contracts to the company.
Can you say bribe?