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Monday, 4 July 2016

The Clinton Foundation Reeks of Crooks, Thieves, and Hoods fullscreen

National Review

 

Hillary Clinton “re-launched” her floundering campaign Saturday on Roosevelt Island, formerly and fittingly known as Welfare Island. Clinton’s desperate effort to associate herself with “everyday Americans” contrasts starkly with the crooked elites with whom she and Bill normally cavort.

In fact, the Clinton Foundation, Bill and Hillary’s elaborate slush fund, includes numerous donors and even one-time board members with dodgy backgrounds, shady dealings, and even criminal convictions that should repel rather than lure a once and perhaps future president of the United States. Peter Schweizer’s meticulously researched new best-seller Clinton Cash (complete with 635 endnotes) delineates this ultimate power couple’s sordid circle.

The Securities and Exchange Commission charged former Clinton Foundation trustee Vinod Gupta with fraud in 2008. He misallocated $9.5 million from InfoUSA, the database company he chaired, in order to finance credit-card bills, a yacht, personal trips to Cancun and South Africa, and 20 cars. He and the SEC settled for $7.3 million. Meanwhile, InfoUSA’s shareholders sued Gupta for flying the Clintons in the company jet and paying Bill $3 million in corporate cash for consulting. InfoUSA settled with stockowners for $13 million.

Great Britain’s Serious Fraud Office accused Clinton Foundation ex-trustee Victor Dahdaleh of paying Bahraini officials £35 million (roughly $52 million) to win sales contracts for Alcoa, the U.S. aluminum giant, with which he was a “super-agent.” Dahdaleh was jailed twice before his trial, but ultimately acquitted when a key witness, Bruce Hall, pleaded guilty to conspiracy but then refused to testify against Dahdaleh. However, Alcoa pleaded guilty to its role in this skullduggery and settled with the Justice Department for $384 million.

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