Posted on 06/18/2015 1:23:45 PM PDT by Din Maker
The “Big Four” accounting firm Pricewaterhouse Coopers failed to detect and report the Clinton Foundation’s “apparent massive diversions of funds” from a global charity that fights HIV/AIDS, according to respected Wall Street analyst Charles Ortel.
As WND reported Tuesday, Ortel has concluded after a thorough investigation of the Clinton Foundation’s financial records that Pricewaterhouse Coopers, or PWC, bears civil and possibly criminal liabilities, either intentionally or through negligence, for participating in financial fraud by generating audit financial statements riddled with errors and misstatements.
Ortel, managing director of Newport Value Partners LLC, contends PWC, which began auditing the Clinton Foundation in 2013, allowed the Clintons to continue diverting millions of dollars donated for charitable purposes to the personal enrichment and benefit of themselves and their close associates, a crime called inurement.
Ortel says the Clintons siphoned tens of millions of dollars annually from funds received by the Clinton Foundation’s Clinton Health Access Initiative from UNITAID, a global health initiative to fight HIV/AIDS, Malaria and Tuberculosis that is financed mostly by a levy on airline tickets. UNITAID, which negotiates low prices for drugs and diagnostics, implements its work through groups like the Clinton Health Access Initiative, also known as CHAI.
(Excerpt) Read more at wnd.com ...
This is what a First World Kleptocracy looks like.
The Perons could have learned a thing or two from this bunch.
yep, indeed....always loved the accuracy of the word “kleptocracy” -
This is what the Big 4 Firms were hired to do.......
What’s a few “tens of millions of dollars” here and there? After all of the good they were doing for AIDS relief! /s
Did Price Waterhouse actually conduct an in depth audit? Sounds like they may be on the hook for criminal negligence here.
But will any of this resonate with the media or low information and/or liberal voters, who will vote for HIllary just because of the “D” Democrat designation on the ballot???
Isn’t there lots of evidence, including this story, that something is wrong with the finances of the Clintons???
Remember the recent revelations that many years of IRS tax filings were being amended??
Remember Bill Clinton saying that he only works there, or words to that effect, when questioned about financial irregularities with the foundation he runs and controls???
Do the Clintons really expect that some low level flunkie in the bookkeeping office is going to take the fall for all of the financial irregularities of the Clintons???
The sad thing is, without a vigorous and diligent free press, the Clintons may skate yet again, since the Clintons are good Democrats.
Looks like Pricewaterhouse Coopers may be on the hook here for some illegalities. If so I shirley hope the powers that be get away from silly fines and such and go after and imprison those who helped pull this off.
I am convinced it will take prison time, hard prison time, to prevent this in the future. What good are fines?
Defiantly more profitable than working for a living.
Get real people, why the heck do you think they named it the “Clinton” charity .... it was charity for the Clintons!
Bump
Shoes for some, pants suits for others.
Some here probably don't remember they thought that GW would come down hard on the Clinton Criminal Enterprise. Instead he became a brother to his father's adopted son. (Barf)
When do people start going to jail?
When do people start going to jail?
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I’ve asked the same question. I guess when someone has the balls to say: “We don’t care if you are the Clintons; we’re prosecuting your ass.”
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