In explosive new testimony to the U.S. Congressional House Oversight and Government Reform Committee, a team of financial investigators raised serious questions about the legal status of the Clinton Foundation – presenting evidence that alleges the organization operated as a ‘foreign agent’ and does not qualify as a 501c3 charity.
PAY-FOR-PLAY: The Clinton Foundation accepted millions of dollars in donations from the very Gulf states it knew were funding ISIS and Al Nusra terrorists.
These and other damaging revelations swirling around the foundation are against the political backdrop of a Republican majority that will cede control to Democrats come January. Translation: Unless some dramatic action happens between now and recess, we’re not likely to see this evidence pursued any further by the Clinton’s political firewall embedded in the new Congress.
The Clinton Foundation operated as a foreign agent ‘early in its life’ and ‘throughout it’s existence’ and did not operate as a 501c3 charitable foundation as required by its and is not entitled to its status as a nonprofit, alleged two highly qualified forensic investigators, accompanied by three other investigators, said in explosive testimony Thursday to the House Oversight and Government Reform Committee.
John Moynihan and Lawerence W. Doyle, both graduates of the Catholic Jesuit College of the Holy Cross and former expert forensic government investigators, gave their shocking testimony before congress based on a nearly two-year investigation into the foundation’s work both nationally and internationally. They were assisted by three other highly trained experts in taxation law and financial forensic investigations. The forensic investigators stressed that they obtained all the documentation on the foundation legally and through Freedom of Information Request Acts from the IRS and other agencies.
The investigation clearly demonstrates that the foundation was not a charitable organization per se, but in point of fact was a closely held family partnership
Former Utah U.S. Attorney General John Huber, who resigned when he was appointed by former Department of Justice Attorney General Jeff Sessions to investigate the Clinton Foundation and the issues surrounding the approval to sell 20 percent of U.S. Uranium assets to Russia, declined to attend the hearing. Chairman Mark Meadows, R-NC, who oversaw the hearing stated that it was disappointing that Huber declined, leaving Congress in the dark regarding the DOJ’s investigation.
Investigations into the Clinton Foundation have always been plagued by politics but Moynihan wanted to make clear in his opening statement that this investigation was one of many his firm has conducted on nonprofits and had nothing to do with politics.
Doyle and Moynihan have amassed 6,000 documents in their nearly two-year investigation through their private firm MDA Analytics LLC. The documents were turned over more than a year and a half ago to the IRS, according to John Solomon, who first published the report last week in The Hill.
The investigation clearly demonstrates that the foundation was not a charitable organization per se, but in point of fact was a closely held family partnership,” said Doyle, who formerly worked on Wall Street and has been involved with finance for the last ten years conducting investigations. “As such, it was governed in a fashion in which it sought in large measure to advance the personal interests of its principles as detailed within the financial analysis of this submission and further confirmed within the supporting documentation and evidence section.”