Posted on 02/10/2015 9:54:52 AM PST by COUNTrecount
The charitable foundation run by Hillary Clinton and her family has received as much as $81m from wealthy international donors who were clients of HSBC’s controversial Swiss bank.
Leaked files from HSBC’s Swiss banking division reveal the identities of seven donors to the Bill, Hillary and Chelsea Clinton Foundation with accounts in Geneva.
They include Frank Giustra, Canadian mining magnate and one of the foundation’s biggest financial backers, and Richard Caring, the British retail magnate who, the bank’s internal records show, used his tax-free Geneva account to transfer $1m into the New York-based foundation.
Hillary Clinton has expressed concern over growing economic inequality in the US and is expected to make the issue a cornerstone of her widely anticipated presidential campaign in 2016. However, political observers are increasingly asking whether the former secretary of state’s focus on wealth inequality sits uncomfortably with the close relationships she and her husband have nurtured with some of the world’s richest individuals.
Giustra’s Swiss HSBC account, created in 2002, contained up to $10m in the 2006-2007 period. Lawyers for the mining magnate said that he held the account for investment purposes, and that it was in compliance with Canadian laws that required disclosure of foreign assets.
Caring was legitimately permitted to keep his assets offshore by a hereditary quirk of UK tax law, under which he is registered as “non-domiciled”, courtesy of his Italian-American father. The HSBC records suggest Caring’s $1m donation was paid in return for former president Bill Clinton’s attendance at a lavish costume charity ball organised by Caring in St Petersburg, Russia.
Another Clinton foundation donor who had a HSBC account in the tax haven is Jeffrey Epstein, the hedge fund manager and convicted sex offender who once flew the former president on his private jet for charity events in Africa.
(Excerpt) Read more at theguardian.com ...
The gift keeps on giving......
Was that wrong? (cue: Geo. Costanza)
I would love to see the numbers for the past 5 POTUS, USSC, both parties in Congress.
Now we know how the pols make so much money.
The Guardian performing a ra dom act of journalism.....or is “Woo Woo Warren” behind this?
‘random’
It's been my opinion for years, that any public official that accepts a bribe die, slowly and screaming, in front of the country courthouse, contingent on good weather.
We would either have better government or smarter crooks.
Connect the dots.....
My guess:
Money laundering.....
Criminal bastards.
1. On list.
Source of $$$?
charitable foundation?...............just what ‘charities’ do they perform?.........What sector of the population do they take care of?.......What needs do they meet?............
$81 million dollars would feed, clothe and shelter a lot of folks for their entire lives............................
Source could be —anything—
drug running, arms dealing, bribes, foreign governments, etc
Pay off for services or material rendered ?
Bribery.
Whatever a good reason politicians should not be able to create a charitable fund!
Didn’t the evil Mitt Romney have one of these fancy-schmancy Swiss bank accounts?
Ping
Clinton foundation received up to $81m from clients of controversial HSBC bank
The Clintons have done well with this ploy, but I suspect their numbers are pocket money compared to what Baraq will pull in, starting with a bil or so in POTUS pardon bribes in Jan 2017.
What I would like to know is where the $6 Billion dollars missing from Hillary’s State Department is
I am just gabberflasted...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.