Clinton Foundation reveals undisclosed £17m payments from speeches by Hilary, Bill and Chelsea

Funds were counted as 'revenue' rather than donations, and so had not been included in public listings

Click to follow
The Independent US

The Clinton Foundation has reported it has received up to $26.4m (£17m) in previously undisclosed payments from major corporations, universities, foreign sources and other groups.

The disclosure came as the foundation faced questions over whether it fully complied with a 2008 ethics agreement to reveal its donors and whether any of its funding sources present conflicts of interest for Hillary Clinton as she begins her presidential campaign.

The money was paid as fees for speeches by Bill, Hillary and Chelsea Clinton. Foundation officials said the funds were tallied as “revenue” rather than donations, which is why they had not been included in the public listings of its contributors published under the 2008 agreement.

The payments were disclosed on the organisation’s website, with speech payments listed in ranges, not specific amounts. In total, payments ranged between $12m and $26.4m.

Paid appearances included speeches by Bill Clinton to the Nigerian ThisDay newspaper group for at least $500,000, and to the Beijing Huaduo Enterprise Consulting Company, an investment holding company specialising in the natural gas market, for at least $250,000. Citibank paid at least $250,000 for a speech by Mrs Clinton.

©The Washington Post

Comments