Egyptians vote in 1st stage of lower house of parliament elections    Al-Sisi meets representatives of 52 global tech firms to boost ICT investments    Madbouly seeks stronger Gulf investment ties to advance Egypt's economic growth    Egypt says Gulf investment flows jumped to $41bn in 2023/24    Egypt's Al-Sisi, Russian security chief discuss Gaza, Ukraine and bilateral ties    Lebanese president says negotiations are only way forward with Israel    Japan, US condemn 'threatening' post by Chinese diplomat over Taiwan remarks    Egypt, Saudi Arabia sign MoU to exchange road expertise    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    EGX ends mixed on Monday, 10 November, 2025    Egypt's private medical insurance tops EGP 13b amid regulatory reforms – EHA chair    Egypt to issue EGP 6b in floating-rate T-bonds    Egypt, WHO discuss joint plans to support crisis-affected health sectors    Egypt, US's Merit explore local production of medical supplies, export expansion    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Clinton Foundation reportedly received money to ease sanctions on Iran
Published in Albawaba on 06 - 06 - 2015

The Clinton Foundation's Swedish organization raised $26 million while the Scandinavian country's government was lobbying U.S. Secretary of State Hillary Clinton to not impose further sanctions on Iran.
The Swedish business dealings with the Islamic republic were at risk from the possible new sanctions according to the Washington Times.
The William J. Clinton Foundation Insamlingsstiftelse had never been screened by the State Department ethics officials despite an agreement implemented in 2009 when Hillary Clinton became Secretary of State.
The agreement was intended to implement a transparent review system of her husband, Bill Clinton's, fundraising and public speaking activities. The review system would explore their potential dealings with foreign nations with any potential conflicting ties to the U.S. government.
The Washington Times reported the State Department was not privy to some activities linked to the Clinton Foundation.
The foundation's Swedish arm slipped under regulators notice as it's incorporation papers were filed in Stockholm. Also, the U.S. and Swedish based divisions were difficult to differentiate as the identities of the Swedish arm's donors were disclosed in the U.S. based foundation's reports.
The Swedish fundraising arm was established at the same time as the Swedish government was worried about the possibility of new sanctions placed on Iran over its nuclear program.
Wikileaks released State Department cables highlighting Swedish companies concerns over tighter sanctions against Tehran.
"Sweden does not support implementing tighter financial sanctions on Iran" and believes "more stringent financial standards could hurt Swedish exports," read one leaked cable.
Iran was Sweden's second-largest Middle East export market after Saudi Arabia with Ericsson being Iran's second-largest cellular supplier.
Ericsson did not make any direct contributions to the Swedish division of the Clinton Foundation group yet it did pay former President Bill Clinton $750,000 for a Hong Kong speech in November 2011.
The payment coming just weeks after Secretary of State Hillary Clinton announced the first sanctions list for Iran that did not include Ericsson and Volvo.
The Clinton Foundation's Swedish branch was established in 2011 to collect donations from lotteries in Sweden and utilize loopholes in Swedish law that allow the lotteries to send money abroad. The Clinton Foundation told the Washington Times that it had received money for causes including fighting climate change, AIDS in Africa and cholera in Haiti.
In comments made to the Times, foundation's spokesman Craig Minassian said "The Clinton Foundation is a philanthropy, period. We've voluntarily disclosed our more than 300,000 donors on our website, including those from Sweden,"said Clinton Foundation spokesman Craig Minassian to the newspaper."
Hillary Clinton's 2016 presidential campaign team has not commented on the story.


Clic here to read the story from its source.