Joule Unlimited Technologies, the controversial energy firm connected to the Kremlin that received millions from a Russian government fund tied to Vladimir Putin, has collapsed. Hillary Clinton’s former campaign chairman, John Podesta, was a board member of the firm.
Joule Unlimited’s former CEO, Brian Baynes said in an interview with biofuel publication, The Digest, “The investors walked away.”
According to Breitbart News, Joule Unlimited was based in Boston, Massachusetts, and received $35 million from the Russian government during Clinton’s tenure as secretary of state.
Podesta joined the board in June 2011 and received 75,000 common shares of Joule stock options, according to an email published by WikiLeaks.
Prior to becoming President Obama’s senior adviser in January 2014, Podesta failed to disclose his position on the board of the Dutch-registered Stichting Joule Global Foundation—a possible violation of federal law.
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