Oh My: Clinton Foundation’s Own Internal Audit Admits They Lied To The IRS

[Right_in_Virginia]

Oh My: Clinton Foundation’s Own Internal Audit Admits They Lied To The IRS
DC Whispers, Oct 18, 2017

An internal audit commissioned by the Clinton Foundation in 2011 revealed that the Clinton's family charity may have misled the Internal Revenue Service (IRS) when it claimed, under penalty of perjury, that it was enforcing a policy against conflicts of interest.

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In short, auditors warned the Clinton Foundation it was likely involved in multiple conflicts of interest violations. That warning was ignored for the entire time Hillary Clinton was Secretary of State as tens of millions of dollars continued to pour into the foundation's coffers.

The Clintons knew. The Obama White House knew. Top-ranking members of Congress knew as did various media institutions. Nothing was done. The corruption continued - and continues still to this day.


More: http://dcwhispers.com/oh-clinton-foundations-internal-audit-admits-lied-irs/#MiGXMJx0dSA8YBq2.97

[Right_in_Virginia]

BOMBSHELL: Clinton Foundation Donors Expected ‘Benefits In Return For Gifts’
Daily Caller, Oct 14, 2017, Richard Pollack

An independent “governance review” conducted by a prominent law firm that specializes in philanthropic issues concluded in December 2010 that the Clinton Foundation had a weak, rubber stamp board of directors and that many of its donors had “an expectation of a quid pro quo benefits in return for gifts.”

The blistering review — made public Thursday by WikiLeaks — described a tax-exempt public foundation with none of the independent oversight required under federal charity law. The Clinton Foundation reported $187 million in net assets in 2011.

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Simpson Thacher found numerous weaknesses in the Clinton Foundation’s management structure, including a board consisting entirely of insiders loyal solely to Bill and Hillary Clinton, the board’s failure to oversee finances properly, inherent conflict of interests and the use of audits based on cash accounting rather than the federally mandated accrual basis. (RELATED: Clinton Foundation Ignored All ‘Best Practices’ For Good Governance)


More: http://dailycaller.com/2016/10/14/bombshell-clinton-foundation-donors-expected-benefits-in-return-for-gifts/