The 12-page document is penned by Doug Band, a longtime Clinton confidant who had been the Clinton Foundation’s primary fundraiser for a decade.
Band wrote the memo as a principal for Teneo, a private consulting firm that raised tens of millions of dollars for the Clinton Foundation while also acting as a personal in-house agency for Bill Clinton.
In the memo, Band describes his “unorthodox” role in raising money for the nonprofit foundation while simultaneously securing for-profit opportunities for the former president.
The document argues that Band’s dual lines of work were “independent” of one another. The memo came after criticism from Chelsea Clinton — revealed in a separate email published by WikiLeaks — over Band’s role within the family’s network of interests.
The memo states that as of November 2011, Teneo had raised tens of millions for the foundation and produced between $30 million and $66 million in revenue for Bill Clinton through various “business arrangements,” including paid speeches.
“In the unique roles in which we have had the opportunity to serve, we have been able to help balance the multiplicity of activities that demand [Bill Clinton’s] time and engagement to best fulfill his personal, political, business, official former President, and Foundation/non-profit goals,” Band writes.
The auditors noted that “some interviewees reported conflicts of those raising funds or donors, some of whom may have an expectation of quid pro quo benefits in return for gifts.” They also flagged a potential problem in the charity’s IRS filing:
… the IRS Form 990, which is signed under penalties of perjury and is publicly available, asks (a) whether the Foundation has a written conflict-of-interest policy, (ii) whether directors, officers, and key employees are required to annually disclose interests that could give rise to conflicts of interest, and (iii) whether the Foundation regularly and consistently monitors and enforces compliance with its conflict-of- interest policy. The Foundation indicated on its 2010 Form 990 that it has a written conflict-of- interest policy, requires annual disclosure of potential conflicts of interest, and monitors and enforces compliance with the policy. However, we did not find evidence of that enforcement.
…Other problems with the Clinton Foundation at the time included that its board did not have a chair, and was not very involved in running the charity. In a footnote, the audit commented: “We were also told that at CHAI [the Clinton Health Access Initiative], [CEO] Ira Magaziner set his own salary.”
Indeed, dozens of Haitian protesters gathered outside the Democrat National Convention in July and railed against the Clintons and the Clinton Foundation for their long-reported history of using their global connections to exploit the resources and the poor people of Haiti.
“The main message is that Hillary Clinton belongs in jail,” one protester said at the time when asked what the overall message of the protest was. “We believe that the world should know about the crimes the Clinton family has committed against the country of Haiti–the money they have stolen from the earthquake victims. And we believe that were this to be anyone else, they’d be in jail right now.”
“She’s not in jail because she’s being protected by the Obama administration, the Justice Department, State Department,” the protester said.
Bill Clinton’s tweet, urging support for Haiti, smacks of irony, and Twitter followers took notice.
“Clintons still scamming off poor Haiti after a natural disaster ,” one user wrote.
“Do u realize what the Clinton Foundation did to Haiti?” another Twitter user asked.
His question was quickly answered by another user, who said, “Practically stole 6 billion promising hospitals/homes to rebuild Haiti?”
“More like literally,” another user said.
“There it is, Clinton’s looking to fill their bank accounts off another natural disaster,” another user remarked.
As Breitbart News reported, Haitians have been protesting the Clintons for years for their transgressions against the tiny island nation.
EDITOR’S NOTE: The following article is excerpted from Dinesh D’Souza’s new book, Hillary’s America: The Secret History of the Democratic Party.I don’t blame the Haitians for falling for it; Bill is one of the world’s greatest story-tellers. He has fooled people far more sophisticated than the poor Haitians. Over time, however, the Haitians wised up. Whatever their initial expectations, many saw that much of the aid money seems never to have reached its destination; rather, it disappeared along the way.Where did it go? It did not escape the attention of the Haitians that Bill Clinton was the designated UN representative for aid to Haiti. Following the earthquake, Bill Clinton had with media fanfare established the Haiti Reconstruction Fund. Meanwhile, his wife Hillary was the United States secretary of state. She was in charge of U.S. aid allocated to Haiti. Together the Clintons were the two most powerful people who controlled the flow of funds to Haiti from around the world. Haitian deals appeared to be a quid pro quo for filling the coffers of the Clintons.The Haitian protesters noticed an interesting pattern involving the Clintons and the designation of how aid funds were used. They observed that a number of companies that received contracts in Haiti happened to be entities that made large donations to the Clinton Foundation. The Haitian contracts appeared less tailored to the needs of Haiti than to the needs of the companies that were performing the services. In sum, Haitian deals appeared to be a quid pro quo for filling the coffers of the Clintons.For example, the Clinton Foundation selected Clayton Homes, a construction company owned by Warren Buffett’s Berkshire Hathaway, to build temporary shelters in Haiti. Buffett is an active member of the Clinton Global Initiative who has donated generously to the Clintons as well as the Clinton Foundation. The contract was supposed to be given through the normal United Nations bidding process, with the deal going to the lowest bidder who met the project’s standards. UN officials said, however, that the contract was never competitively bid for.Clayton offered to build “hurricane-proof trailers” but what they actually delivered turned out to be a disaster. The trailers were structurally unsafe, with high levels of formaldehyde and insulation coming out of the walls. There were problems with mold and fumes. The stifling heat inside made Haitians sick and many of them abandoned the trailers because they were ill-constructed and unusable.The Clintons also funneled $10 million in federal loans to a firm called InnoVida, headed by Clinton donor Claudio Osorio. Osorio had loaded its board with Clinton cronies, including longtime Clinton ally General Wesley Clark; Hillary’s 2008 finance director Jonathan Mantz; and Democratic fundraiser Chris Korge who has helped raise millions for the Clintons.Normally the loan approval process takes months or even years. But in this case, a government official wrote, “Former President Bill Clinton is personally in contact with the company to organize its logistical and support needs. And as Secretary of State, Hillary Clinton has made available State Department resources to assist with logistical arrangements.”InnoVida had not even provided an independently audited financial report that is normally a requirement for such applications. This requirement, however, was waived. On the basis of the Clinton connection, InnoVida’s application was fast-tracked and approved in two weeks.The company, however, defaulted on the loan and never built any houses. An investigation revealed that Osorio had diverted company funds to pay for his Miami Beach mansion, his Maserati, and his Colorado ski chalet. He pleaded guilty to wire fraud and money laundering in 2013, and is currently serving a twelve-year prison term on fraud charges related to the loan.Several Clinton cronies showed up with Bill to a 2011 Housing Expo that cost more than $2 million to stage. Bill Clinton said it would be a model for the construction of thousands of homes in Haiti. In reality, no homes have been built. A few dozen model units were constructed but even they have not been sold. Rather, they are now abandoned and have been taken over by squatters.
Are we at all surprised?
In 2008 he was charged with fraud by the Securities and Exchange Commission (SEC) for using company funds to support his luxurious lifestyle. He was alleged to have used more than $9.5 million in corporate funds to pay for personal jet travel, millions for his yacht, personal credit card expenses, and the cost of twenty cars. He settled with the SEC for $4 million.
Gupta also paid Bill Clinton a $3 million “consulting fee,” an act of misuse of corporate funds that brought shareholders to file a suit against him. The company eventually settled with shareholders to the tune of $13 million, Clinton Cash reports.
Another such person involved with financial irregularities is foundation trustee Sant Chatwal, who has convictions for illegal campaign financing, obstruction of justice, and a list of other charges.
Then there is trustee Victor Dahdaleh, who “was charged by the Serious Fraud Office (SFO) in Great Britain with paying more than 35 million pounds in bribes to executives in Bahrain to win contracts of more than 2 billion pounds,” the book notes.
Clinton Cash goes on to report that Dahdaleh “has worked for the American aluminum company Alcoa as a ‘super-agent.’ (The billionaire had his bail revoked in the case because he contacted prosecution witnesses.) Dahdaleh was found not guilty after the SFO offered no evidence against Dahdaleh because a key witness, Bruce Hall, pleaded guilty to conspiracy to corrupt but refused to testify. Alcoa ended up pleading guilty in the US case arising out of the transaction and settled with the US Justice Department for $384 million. Dahdaleh was not charged in the United States individually.”
As reported by ABC News, no less:
Newly released State Department emails help reveal how a major Clinton Foundation donor was placed on a sensitive government intelligence advisory board even though he had no obvious experience in the field, a decision that appeared to baffle the department’s professional staff.
The emails further reveal how, after inquiries from ABC News, the Clinton staff sought to “protect the name” of the Secretary, “stall” the ABC News reporter and ultimately accept the resignation of the donor just two days later.
Copies of dozens of internal emails were provided to ABC News by the conservative political group Citizens United, which obtained them under the Freedom of Information Act after more the two years of litigation with the government.
A prolific fundraiser for Democratic candidates and contributor to the Clinton Foundation, who later traveled with Bill Clinton on a trip to Africa, Rajiv K. Fernando’s only known qualification for a seat on the International Security Advisory Board (ISAB) was his technological know-how. The Chicago securities trader, who specialized in electronic investing, sat alongside an august collection of nuclear scientists, former cabinet secretaries and members of Congress to advise Hillary Clinton on the use of tactical nuclear weapons and on other crucial arms control issues.
Sources report Mr. Fernando had donated at least $250,000 to the Clinton Foundation.
“We had no idea who he was,” one board member told ABC News.
Fernando’s lack of any known background in nuclear security caught the attention of several board members, and when ABC News first contacted the State Department in August 2011 seeking a copy of his resume, the emails show that confusion ensued among the career government officials who work with the advisory panel.
“I have spoken to [State Department official and ISAB Executive Director Richard Hartman] privately, and it appears there is much more to this story that we’re unaware of,” wrote Jamie Mannina, the press aide who fielded the ABC News request. “We must protect the Secretary’s and Under Secretary’s name, as well as the integrity of the Board. I think it’s important to get down to the bottom of this before there’s any response.
The Washington Times sums up what happened next:
“The true answer is that [Secretary Clinton] staff [Cheryl Mills] added him. … Rai [sic] was not on the list sent to [Secretary Clinton]; he was added at their insistence,” an email reads.
Pause to note a member of Hillary Clinton’s staff claiming to speak the “truth.” Remarkable in and of itself.
Emails also show that Mrs. Mills told staff to “stall” for 24 hours when ABC first started asking questions about the appointment in 2011. Mr. Fernando submitted a resignation the very next day.