Fabulously Wealthy Secretary of State Nominee Invests in Oil Company Accused of Violating Iran Sanctions

Posted by on Dec 21, 2012 at 1:10 pm

Well, it’s probably not his  money since he didn’t have two nickels to rub together before he married into inherited wealth, but it does pose some troubling questions, doesn’t it?

John Kerry, who will be nominated later today to be the next secretary of state, is the richest member of the U.S. Senate. His estimated net worth is, at minimum, $198.65 million, according to disclosure forms.

Kerry’s disclosure forms also reveal that he has invested in companies accused of doing business with Iran.

One of the companies Kerry is invested in is called Petroleo Brasileiro SA Petrobras (Petrobras), it’s a Brazilian-based oil and gas corporation. Disclosure forms reveal that Kerry has between $150,000 and 350,000 in assets in the company.

But a 2009 report from Congressional Research Services found that, since 1999, Petrobras has “major investments in Iran’s energy sector.”

The next year, in 2010, Congress lised Petrobras as a company possibly violating Iran sanctions.

Investing in oil companies, huh? Isn’t that evil by liberal standards? Can we call him “oil man” John Kerry now?

Even the so-called paper of records raised disturbing questions about Petrobas.

And media reports suggest Petrobras only wants to expand its investments and business in Iran.

Indeed, the company even has an office in Iran. And Iranian president Mahmoud Ahmadinejad visited Brazil to signal the close ties of the two countries.

But don’t worry, we’re sure the Iranians are quaking in fear of John Kerry.

Meanwhile, does Kerry have a bromance going on with Bashar al-Assad?

“President Barack Obama’s administration considers Syria a key player in Washington’s efforts to revive the stalled Middle East peace process, US Senator John Kerry said in Damascus on Thursday. ‘Syria is an essential player in bringing peace and stability to the region,’ Kerry, chairman of the Senate Foreign Relations Committee, said in a speech after meeting President Bashar al-Assad. ‘Both the United States and Syria have a very deep interest… in having a very frank exchange on any differences (and) agreements that we have about the possibilities of peace in this region,’ he said in the statement.”

Such prescience on the part of Kerry.

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