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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsClinton Foundation Failed to Disclose 1,100 Foreign Donations
Hillary Clintons presidential run is prompting new scrutiny of the Clintons financial and charitable affairssomething thats already proved problematic for the Democratic frontrunner, given how closely these two worlds overlap. Last week, the New York Times examined Bill Clintons relationship with a Canadian mining financier, Frank Giustra, who has donated millions of dollars to the Clinton Foundation and sits on its board. Clinton, the story suggests, helped Giustras company secure a lucrative uranium-mining deal in Kazakhstan and in return received a flow of cash to the Clinton Foundation, including previously undisclosed donations from the companys chairman totaling $2.35 million.
Giustra strenuously objects to how he was portrayed. Its frustrating, he says. And because the donations came in through the Clinton Giustra Enterprise Partnership (CGEP)a Canadian affiliate of the Clinton Foundation he established with the former presidenthe feels doubly implicated by the insinuation of a dark alliance.
Were not trying to hide anything, he says. There are in fact 1,100 undisclosed donors to the Clinton Foundation, Giustra says, most of them non-U.S. residents who donated to CGEP. All of the money that was raised by CGEP flowed through to the Clinton Foundationevery pennyand went to the [charitable] initiatives we identified, he says.
The reason this is a politically explosive revelation is because the Clinton Foundation promised to disclose its donors as a condition of Hillary Clinton becoming secretary of state. Shortly after Barack Obama was elected president in 2008, the Clinton Foundation signed a memorandum of understanding with the Obama White House agreeing to reveal its contributors every year. The agreement stipulates that the Clinton Giustra Sustainable Growth Initiative (as the charity was then known) is part of the Clinton Foundation and must follow the same protocols.
It hasnt.
Giustra says thats because Canadas federal privacy law forbids CGEP, a Canadian-registered charity, from revealing its donors. A memo he provided explaining the legal rationale cites CGEPs fiduciary obligations to its contributors and Canadas Personal Information Privacy and Electronic Disclosure Act. We are not allowed to disclose even to the Clinton Foundation the names of our donors, he says.
more...
http://www.bloomberg.com/politics/articles/2015-04-29/clinton-foundation-failed-to-disclose-1-100-foreign-donations
alp227
(32,019 posts)joeybee12
(56,177 posts)Should I say where? Will you overly-sensitive Clinton haters alert?
Purveyor
(29,876 posts)might be beneficial for you if this might cause you distress.
joeybee12
(56,177 posts)was...thanks for the advice..never really saw anything of merit that you posted anyway.
6000eliot
(5,643 posts)but by all means do keep trying.
dsc
(52,160 posts)First, she didn't help his company secure a deal. It wasn't his company, even if she had somehow helped the company get the deal, which there is literally zero evidence of her having done. Bernie doesn't deal in smears, you shouldn't be doing so in his name.
quadrature
(2,049 posts)it just goes on and on.