Purchase of Uranium One Was Part of Russian Strategy to Control Global Uranium Markets

Undercover informant of the Federal Bureau of Investigation has gathered evidence about the connections between Russian nuclear bribery case and the former President Barack Obama’s administration approval of the sale of Uranium One to Russian nuclear company. The Hill has reviewed the documents and reported that according to them, the purchase of Uranium One was Russian strategy for dominance on global uranium markets. Russia also wanted the U.S. to be more dependent on Russian nuclear fuel. On the other side, the U.S. wanted to secure billions of new uranium contracts.

Even though there are reports that none of the products of Uranium One was exported, documents of the Nuclear Regulatory Commission (NRC) reveal that Uranium One did export some of its U.S. uranium ore. NRC approved an export license for a third party trucking firm to export Uranium One ore to Canada for enrichment, and some of that uranium ended up in Europe. About 25 percent of the uranium that Uranium One exported to Canada ended up with Asian or European clients through book transfers, the company admits.

The Hill also reveals that although justice officials have said that FBI informant Douglas Campbell does not have many information about Uranium One, he did manage to gather documents about the efforts of Russian Rosatom to get an approval to buy Uranium One. The documents also show that the FBI had evidence that officials from Rosatom were connected to criminal before the approval of Obama’s administration for the sale of Uranium One. That kind of evidence can disqualify the company from Committee on Foreign Investment in the United States (CFIUS) approval to buy some asset in the States. Criminal activities were first recorded in 2009, a whole year before the approval for Rosatom.

Justice officials paid Campbell more than 51,000 dollars after the last convictions in the Russian nuclear bribery case were made. He worked undercover for six years.

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