SEPTEMBER 1, 1997
On Nov. 22, 1995 President Clinton scrawled an FYI note to chief of staff
Mack McLarty, enclosing a newspaper article on Enron Corp. and the
vicissitudes of its $3 billion power-plant project in India.
McLarty then reached out to Enron's chairman, Ken Lay, and over the next
nine months closely monitored the project with the U.S. ambassador to New
Delhi, keeping Lay informed of the Administration's efforts, according to
White House documents reviewed by TIME magazine.
In June 1996, four days before India granted final approval to Enron's
controversial $3 billion power-plant project, Enron's gave $100,000 to
President Clinton's party.
Enron denies that its gift was repayment for Clinton's attention, and White
House special counsel Lanny Davis says McLarty acted out of concern for a
major U.S. investment overseas, TIME's Michael Weisskopf reported.