Finance

Clinton Foundation Failed to Disclose 1,100 Foreign Donations

By Daniel M

May 20, 2019

Let’s see if we can contextualize this for you: You already know that the Clinton Foundation failed to report tens of millions in foreign donations in their tax documents, a revelation that has forced the organization to re-file at least five years’ worth of returns. You also already knew that some of those many undisclosed donations (which violated Hillary’s transparency pledge) were related to a troubling transaction in which (a) the Russian government obtained the rights to a large chunk of US uranium interests, (b) investors and magnates connected to the deal profited handsomely, (c) the Clinton Foundation (and the Clinton themselves) pocketed millions, and (d) Hillary’s State Department signed off on the whole thing — before “repeatedly breaking” promises to mitigate national security concerns. Bloomberg and Fox News are reporting that a Clinton Foundation-tied group led by a man at the center of the uranium deal didn’t disclose more than 1,000 foreign donors:

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…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 hasn’t. Giustra says that’s because Canada’s federal privacy law forbids CGEP, a Canadian-registered charity, from revealing its donors.