Clin­ton Foun­da­tion ad­mits fi­nan­cial mis­takes

The China Post - - INTERNATIONAL -

Of­fi­cials at the phi­lan­thropy founded by U.S. po­lit­i­cal power cou­ple Bill and Hil­lary Clin­ton ad­mit­ted Sun­day that the or­ga­ni­za­tion has made fi­nan­cial dis­clo­sure “mis­takes” and vowed to quickly cor­rect the er­rors.

The ac­knowl­edg­ment of the prob­lems with the Clin­ton Foun­da­tion’s fi­nan­cial state­ments, which act­ing CEO Maura Pally said were un­in­ten­tional, were made in a lengthy state­ment posted on the clin­ton­foun­da­tion.org web­site.

Pally, who said a vol­un­tary ex­ter­nal re­view is un­der­way, wrote that “our er­ror was that gov­ern­ment grants were mis­tak­enly com­bined with other dona­tions.”

She in­sisted those grants have been prop­erly listed and can be viewed on the web­site in the foun­da­tion’s au­dited fi­nan­cial state­ments.

Al­le­ga­tions sur­round­ing the Clin­ton fam­ily’s char­i­ta­ble or­ga­ni­za­tion has mired the early days of Hil­lary Clin­ton’s pres­i­den­tial cam­paign in con­tro­versy.

The for­mer first lady ended her in­volve­ment with the foun­da­tion ear­lier this month, shortly af­ter an­nounc­ing her 2016 White House bid.

The sole an­nounced U.S. Demo­cratic Party pres­i­den­tial con­tender, Hil­lary has faced un­set­tling new ac­cu­sa­tions of fi­nan­cial con­flicts of in­ter­est be­cause of her ties to the foun­da­tion, some of which ap­pear in a new book, “Clin­ton Cash,” to be pub­lished May 5.

In the book, au­thor Peter Sch­weizer makes in­crim­i­nat­ing ac­cu­sa­tions about for­eign con­tri­bu­tions to the group, which was founded by for­mer Pres­i­dent Bill Clin­ton in 2001.

Sev­eral dona­tions from for­eign gov­ern­ments are put un­der the mi­cro­scope in the book, in which Sch­weizer sug­gests — with­out di­rect ev­i­dence — that Clin­ton traded fa­vors for dona­tions while she was sec­re­tary of state from 2009 to 2013.

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