Last week, Hillary Clinton had what we called a ‘Geithner moment’ when a Reuters investigation revealed that the Presidential candidate’s family charities had failed to report ‘tens of millions’ in contributions from foreign governments on annual tax returns. For its part, The Clinton Foundation was quick to point out that when it comes to charities, it is exemplary in terms being forthright, but the missing disclosures will likely serve to fan the flames for Republicans who claim Clinton’s ties to the charities could make her susceptible to the influence of outside interests.
Meanwhile, the Foundation’s claims to transparency will surely be put to the test as the former First Lady ramps up her bid to return to The White House and as questions linger regarding contributions from foreign governments while Clinton was Secretary of State. Here’s an excerpt from a Washington Post piece published in February:
The Clinton Foundation accepted millions of dollars from seven foreign governments during Hillary Rodham Clinton’s tenure as secretary of state, including one donation that violated its ethics agreement with the Obama administration…
Some of the donations came from countries with complicated diplomatic, military and financial relationships with the U. S. government, including Kuwait, Qatar and Oman…
Rarely, if ever, has a potential commander in chief been so closely associated with an organization that has solicited financial support from foreign governments.
Now, the Clinton Foundation is out with a public admission of its reporting ‘errors’ as acting CEO Maura Pally describes, in a lengthy blog post, the supposedly innocent nature of the mistakes and the ‘unprecedented’ steps the Foundation has taken in the past to avoid conflicts of interest between Hillary and foreign donors. Judge for yourself:
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This post was published at Zero Hedge on 04/27/2015.
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