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''In 1983, Rich and partner Pincus Green were indicted by U.S.
Attorney and future mayor of New York City Rudolph Giuliani, on charges of tax evasion and illegal trading with Iran. Both of them fled to Switzerland before a court appearance, and they remained on the FBI's Most Wanted List for many years. On January 20, 2001, hours before leaving office, President Bill Clinton granted Rich a presidential pardon. Since Rich's former wife and mother of his three children, socialite Denise Rich, had made large donations to the Democratic Party and the Clinton Library during Clinton's time in office, Clinton's critics alleged that Rich's pardon had been bought. Rich had also made substantial donations to Israeli charitable foundations. Clinton explained his decision by noting that similar situations were settled in civil, not criminal court, and cited clemency pleas from Israeli government officials, including Prime Minister Ehud Barak. Federal Prosecutor Mary Jo White was appointed to investigate. She stepped down before the investigation was finished and was replaced by James Comey. Though Comey was critical of Clinton's pardons, he could not find any grounds on which to indict him. During hearings after Rich's pardon, Lewis "Scooter" Libby, who had represented Rich from 1985 until the spring of 2000, denied that Rich had violated the tax laws, but criticized him for trading with Iran at a time when that country was holding U.S. hostages. In his letter to the New York Times, Bill Clinton explained why he pardoned Rich, noting that U.S. tax professors Bernard Wolfman of Harvard Law School and Martin Ginsburg of Georgetown University Law Center concluded that no crime was committed, and that the companies' tax reporting position was reasonable. [New York Times, February 18, 2001][2]. In the same letter Clinton listed Libby as one of three "distinguished Republican lawyers" who supported Rich's pardon. In 2007 Libby himself received a presidential commutation of sentence following his perjury conviction in the Plame affair.'' -wikipedia Now you know the rest of the story... |
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