The book Clinton Cash: The Untold Story of How and Why Foreign Governments Helped Make Bill and Hillary Rich reveals that four of the Clinton Foundation’s trustees, past and present, have been charged with, or convicted of, financial crimes.
As Breitbart points out, the most notable of the four is Vinod Gupta. “Vinod Gupta, the founder and chairman of the database firm InfoUSA, was a major Clinton financial supporter who served as a foundation trustee,” says the book by Peter Schweizer, a former speechwriter for President George W. Bush.
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.
Foundation trustee Sant Chatwal was convicted of illegal campaign financing, obstruction of justice, and several other charges.
Victor Dahdaleh, another trustee, “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 says.
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Schweizer writes in Clinton Cash 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.
Finally, there is Rolando Gonzalez Bunster, a current Clinton Foundation board member and trustee, who according to the book, “has been named in a fraud case in the Dominican Republic involving his company InterEnergy.”
The charges were filed by the Dominican government’s Anti-Corruption Alliance (ADOCCO). In 2013, Bunster was charged along with officials of a government agency concerning alleged ‘ballooned’ fees charged to the government. The company dismisses the charges as ‘baseless allegations.’
Do you believe these revelations could have long-term implications for the campaign? Share your thoughts in the comments section.