Would it kill Hillary Clinton to not be under Federal investigation for a month?
After emerging virtually unscathed from a lengthy FBI investigation into her private email server, the next scandal the government has to look into is at the Clinton Foundation.
Hillary Clinton likes to portray herself as an enemy of Wall Street, but the Street’s real enemies are coming back to haunt her. While Hillary Clinton was banking millions in speaking fees from the financial industry, Wall Street analyst Charles Ortel was making news for uncovering years of accounting fraud at General Electric.
Now he’s turned his attention to the Clinton Foundation, and he’s convinced something similar is going on.
As the Washington Free Beacon reported back in May: “Ortel said he has spent the past 15 months digging into the Clinton Foundation’s public records, federal and state-level tax filings, and donor disclosures. That includes records from the foundation’s many offshoots—including the Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.”
Internal Revenue Service Commissioner John Koskinen has forwarded House Republicans’ allegations against the Clinton Foundation to the agency’s exempt organizations office for consideration.
“This program considers all referrals and will send you a separate acknowledgement letter when it receives your information,” Koskinen said last week in a letter to Rep. Marsha Blackburn (R-Tenn.).
Blackburn and dozens of other Republican House members sent a letter to Koskinen and the heads of the FBI and the Federal Trade Commission earlier this month asking the agencies to investigate the Clinton Foundation. The lawmakers said that media reports and IRS filings “portray a lawless ‘Pay to Play’ enterprise that has been operating under a cloak of philanthropy for years and should be investigated.”
The Republicans’ letter stated that the foundation’s initial application with the IRS for tax-exempt status in 1997 does not mention that it would conduct activities outside of the United States. “As a result, the foundation’s global initiatives appear to be unlawful pursuant to IRS guidance,” the lawmakers said.
The lawmakers also expressed concerns in their letter about the fact that Laureate International Universities has donated to the foundation and an entity run by Laureate’s founder received millions of dollars in grants from the U.S. Agency for International Development while Hillary Clinton was secretary of State. They also are concerned that the chairman of a uranium-mining company donated money to the foundation, and Clinton was among the Obama administration officials who approved the company’s sale to the Russian government.
The IRS said Wednesday that it is standard procedure to direct referrals from outside groups to offices within the agency. “We forward all referrals to the appropriate area for consideration of whether there are issues that justify further review,” the agency said in a statement.
Koskinen said that the IRS can’t disclose actions it might take based on the information the lawmakers provided due to a statute that protects the privacy of taxpayers’ information.
Will this finally be what brings her down? If it goes the same way as the FBI investigation, we’ll learn that she committed fraud, but that there’s nothing they can do about it.
H/T The Hill
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