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Putin-funded Company John Podesta Received 75,000 Shares from Has Collapsed

Putin-funded Company John Podesta Received 75,000 Shares from Has Collapsed

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by Jerome Hudson

Controversial Kremlin-connected energy firm Joule Unlimited, which received millions from a Vladimir Putin-connected Russian government fund and counted former Hillary Clinton campaign chairman John Podesta as a executive board member, has collapsed, according to the firm’s former chief executive.

“The investors walked away,” former Joule Unlimited CEO Brian Baynes told The Digest, a biofuel publication.

First revealed in research from Breitbart News Senior Editor-at-Large and Government Accountability Institute (GAI) President Peter Schweizer, Podesta joined the executive board of Joule Unlimited Technologies — a Boston, Massachusetts-based firm that received $35 million from the Russian government while Clinton served as secretary of state — in June 2011. Podesta received 75,000 common shares of Joule stock options, according to an email uncovered by WikiLeaks.

Podesta failed to disclose his presence on the board of the Dutch-registered Stichting Joule Global Foundation before he became President Obama’s senior adviser in January 2014 — a possible violation for federal law.

Questions about the unsavory details surrounding Podesta’s Russia connections sent the longtime Clinton ally into a frenzy earlier this month during a heated Fox Business interview with Maria Bartiromo.

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