Monday, January 25, 2016

Clinton corruption is endless-----Clinton Foundation didn't disclose up to $26M in fees

Clinton Foundation didn't disclose up to $26M in fees - CNNPolitics.com:
"Washington (CNN)The Clinton Foundation confirmed Thursday that it received as much as $26.4 million in previously unreported payments from foreign governments and corporations for speeches given by the Clintons.
It's the latest in a string of admissions from the foundation that it didn't always abide by a 2008 ethics agreement to disclose its funding sources publicly. 
...Former President Clinton was the biggest earner for speeches, giving three that brought in anywhere from $500,000 to $1 million.
Both he and his wife gave a smattering of speeches to foreign companies and other organizations for anywhere from $250,000 to $500,000.
...According to foundation officials, the income -- at least $12 million and as much as more than twice that -- was not disclosed publicly because it was considered and tallied for tax purposes as revenue, rather than donations.
In April, the head of a Canadian charity that donates to the foundation acknowledged that it didn't disclose any of the 1,100 largely foreign donors that ultimately contributed $2.35 million to the broader organization through the Canadian group.
That month, foundation acting CEO Maura Pally acknowledged "mistakes" in the organization's tax filings, which she said "mistakenly combined" government grants with other donations.
The foundation has now provided a listing of the speeches and a range for the amount each earned on its website, and says it will continue posting updates quarterly, beginning in July..."

No comments: