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Aug302014

NH GOP - HYPOCRITE: SHAHEEN KNOCKS 'BIG OIL' WHILE INVESTING IN OIL COMPANIES 

Concord - The Weekly Standard today reports that despite her desperate attacks on oil companies, Senator Jeanne Shaheen and her husband have personal investments tied to oil companies.

 

"Jeanne Shaheen continues to prove that she is a hypocritical Washington politician who will do and say anything to get re-elected. Despite her attacks against 'big oil,' Senator Shaheen and her shadow lobbyist husband are personally invested in mutual funds that hold significant investments in oil companies, including one that has controversial ties to Iran," said NHGOP Chairman Jennifer Horn. "Granite Staters realize that Shaheen is just another desperate, double-talking beltway insider who needs to be replaced with a responsible Republican in November who will be an independent voice for New Hampshire."

 

Senator Shaheen reports an investment worth up to $100,000 in a mutual fund called Thomberg Value 5R on her 2013 personal financial disclosure forms. The Weekly Standard reports that the fund invests in oil and gas companies, including Chevron, Inpex (a Japanese firm), Weatherford International, and a French energy corporation called Total SA. Total SA agreed to pay a $245 million fine after American and French authorities charged it with bribing Iranian officials in exchange for access to oilfields. 

 

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