To: Patricia Trinchero who wrote (282153 ) 7/31/2002 4:03:31 AM From: Raymond Duray Respond to of 769670 A BUSH IN HAND IS WORTH TWO IN THE SHRUBS: THE SWINDLE-A-SECOND CLUB Seems that Poppie Herbie Walker had lots of errant sons who didn't have any respect for the rule of law. We all know that Dumbya is laying it on pretty thick in Florida for Johnnie-Expecting-Bribes, his lil' brother on the take. Here's something about a President's son on the make: dailyenron.com Almost weekly now some publication or another reveals another politically connected, sweetheart deal that benefited either the President himself or one of his brothers. This week it was the St. Petersburg Times, and the focus was on brother Jeb Bush. It seems that back in 1989 (around the same time he was in business with a now-fugitive HMO operator as well as a convicted HUD borrower, and while Jeb was defaulting on a $4.5 million loan from a failed Florida S&L) Jeb was also partners with a fellow whose company is now under investigation for misappropriating federal loan funds to Nigeria. That deal reared its ugly head again this month when details became public thanks to a whistleblower and a federal lawsuit. The lawsuit claims the company, MWI Corp., a water pump manufacturer based in Deerfield Beach, FL, improperly used more than one-third of a $74.3 million U.S. loan to pay bribes and kickbacks to Nigerian government officials. Jeb Bush's business partner in the deal was prominent Florida Republican contributor J. David Eller. Court filings allege that Eller flew suitcases of cash to offshore tax havens to hide assets from the deal. Jeb Bush was paid $648,250 by Bush-El, a company he and Eller formed in 1988 to promote MWI's pumps. Eller and his company have contributed more than $129,000 to the Republican Party since 1989, according to the watchdog group Common Cause. The old deal was given new light this month when Bush's former partner moved to have all the court records of the ongoing suit sealed from public view. Jeb Bush, who is not named in the federal suit, continues to claim he had nothing to do with the Nigerian deals now in question. However, court records show that twice while his father was in the White House, Jeb Bush visited Nigeria on behalf of MWI. The Nigerians were so impressed with the fact that the son of a sitting President of the United States was associated with MWI that Jeb was welcomed by a parade of 1,300 horses, and tens of thousands of people lined the road to welcome him. The St. Petersburg Times also obtained a MWI marketing video, filmed around the time of Jeb's 1989 visit, in which Eller brags that his company has "support at the highest levels of our own government." The video, made for the Nigerian market, featured pictures of Eller with then-President George Bush. Eller also pointed out Jeb Bush's stake in the company. "In fact George Bush's son will be coming to Nigeria with us for the inauguration of our factory," Eller says on the tape. "And we're very proud of that, and it shows that our government is very interested in what we're doing in Nigeria and very supportive." The U.S. Export-Import Bank eventually approved $74.3 million in loans to Nigeria expressly to purchase MWI's pumps. Now federal prosecutors say that $28 million of those loans was improperly used to grease the palms of Nigerian officials and MWI insiders. The lawsuit cites one example in which MWI officials brought "large quantities" of cash to the Abuja Hilton Hotel, where they met with Nigerian officials. The MWI representatives left the meeting without the money. The lawsuit is all that now remains of the deal as the Bush Justice Department notified MWI in March that it had closed a criminal investigation into the pump deals. The Department of Justice's civil litigation division only recently joined a whistleblower lawsuit when the whistleblower refused to drop the case. Ordinary citizens are allowed under law to file suits in behalf of the US Government when the government itself refuses to act. Now part of the civil action, the Justice Department will be in a better position to determine its outcome.