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- Big Backers of Clinton Foundation Found in Leaked Swiss Bank Files: Report
Large financial backers of the Clinton Foundation charitable fund have been found among those named in the trove of leaked documents from a Swiss division of HSBC bank this week, raising questions about the integrity of such individuals and what it says about the relationships they have with the powerful Clinton family.
According to the Guardian newspaper, which broke the story, on Tuesday:
The newspaper notes that it is perfectly legal for citizens from around the world—including those from the U.S. and Canada—to hold bank accounts in Geneva and reports there is “no evidence any of the Clinton donors with Geneva accounts evaded tax.”
However, with Hillary Clinton now considered the Democratic Party frontrunner for 2016, the revelations may once again cast a special shadow over such dealings.
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As Reuters reported last September ahead of a high-profile event for the Clinton Global Initiative in New York City, “When Hillary Clinton rubs shoulders with financial executives and philanthropic giants… it will underscore the tension between her elite connections and populist image likely to feature in her expected 2016 presidential campaign.”
“If you look at her track record from the past, it is out of step with the current Democratic Party,” said Charles Chamberlain, executive director of liberal group Democracy For America, at the time. “Not on social issues, but definitely on economic issues, so we’re going to be watching very carefully.”
As Common Dreams reported last summer:
Asked for comment by the Guardian about the foundation’s receipt of money from donors with Swiss bank accounts, a spokesperson for Clinton declined to comment.
“It is unclear whether the foundation has ever questioned the offshore status of supporters,” the newspaper reported, “although foundation officials stress they thoroughly vet contributors regardless of where the donation originated from.”
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