Hillary Clinton and Jeb Bush, both candidates for the 2016 Presidential elections in the U.S., could face some disconcerting moments, over claims of financial irregularities. It has been reported that millions for dollars were donated by governments across the world to the Clinton Foundation, which was started by Bill Clinton, former President of the United States. Some of the donations received, may have failed to comply with the agreement signed by the foundation on ethics, when Hillary, the former First Lady, was confirmed for the nomination of the U.S. Secretary of State.
Close to $2 billion has been raised by the Clinton foundation since it was formed. It has now been renamed as the Bill, Hillary, and Chelsea Clinton Foundation. It was reported that the donations to the foundation have been made by a huge worldwide network of powerful corporates, politicians, governments from certain countries, and other wealthy individuals.
As per the report, there were certain donations that could raise a lot of eyebrows, especially the one of $500,000 from the Government of Algeria. At that same time, the Algerian government authorities were said to be trying to influence the U.S. Department of State for a certain case involving human rights violations. Other donations highlighted in the report were from countries and governments, which do not share a comfortable and cozy relationship with the government of the United States. Donations from Qatar, Oman, and Kuwait were also highlighted. Diplomatic relations of the U.S. with the governments of these countries can be regarded as complex, at best.
Other donations to the Bill, Hillary and Chelsea Clinton Foundation have come from the India-born billionaire steel baron, Laxmi Mittal, and the Indian politician, Amar Singh. Both individuals have donated an amount upwards of $1 million. It has been reported that a significant amount of overlap was traced between Hillary Clinton’s political campaign and the Bill, Hillary, and Chelsea Clinton Foundation. Close to half of the lobby backing the Ready for Hillary campaign, and fifty percent of the contributors to Hillary’s presidential campaign in 2008, have donated close to $10,000 each, to the foundation. It will be interesting to see how these reports dent the candidature of Hillary Clinton and Jeb Bush for their 2016 run for the White House.
The officials of the Bill, Hillary, and Chelsea Clinton Foundation have vehemently denied all allegations of accepting donations from foreign governments and donors, who are likely to have some gain from a Hillary Clinton administration. The foundation has clearly stated that its functioning is as a philanthropic and charitable organization.
Another potential candidate, considered a major player in the 2016 Elections is Jeb Bush, former governor of Florida. It was reported that Jeb’s Mexican-American wife, Colombo, has been on a jewelry shopping spree for more than 10 years. This has now come under intense media scrutiny. The report said that Colombo had taken a credit of $40,000 in the year 2000 when she had bought jewelry, including a gold bracelet worth at least $10,500 and a pair of platinum diamond studs costing $25,000. It must be noted that Bush was the governor of Florida at that time.
A few months before she bought the jewelry on the $40,000 line of credit, Jeb’s wife was fined $4,100 at the Atlanta airport. She had declared that she was carrying only $500 worth of goods at customs. It was later found that Colombo was carrying branded jewelry and clothing worth more than $20,000. These reports are certainly expected to be embarrassing for both Hillary and Jeb as they are considered top runners in the 2016 U.S. Presidential elections.
By Ankur Sinha