While there are conflicting reports whether the FBI may or may not indict the Clinton Foundation, which as the WSJ reported last week is being investigated by various FBI teams, even as other parts of the Bureau - and the DOJ - seek to squash the probe, the latest dump of Podesta emails has revealed a critical, confidential memo from prominent New York lawyer Kumiki Gibson to Clinton Foundation Chairman Bruce Lindsey (and former Bill Clinton attorney) which was performed as part of an inside audit of the foundation, and confirms that the charitable organization (which it found "operates more like a political operation") was engaged in practices that broke the law.
The summary reveals serious reservations about the viability of the foundation - which "operates more like a political operation" than a "professional, strategic, and sustainable corporation committed to advancing its overall mission" - if and when Bill Clinton were to depart and "the Foundation has to rise and/or fall on its own name and work only."
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Among the policies and procedures that Gibson found missing or inadequate at the Foundation were the following, some of which - such as the procedures the CF was utilizing in Harlem - may be in violation of the law. Here is a brief sample of the findings:
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And many more.
Furthermore, and more troubling, the review pointed to a high-ranking but unnamed foundation executive who was “being paid by [President Clinton], the government and the foundation” who “allowed the foundation to host what may have been (or may have been viewed as) a political event, apparently without official pre-approval from the foundation’s legal department and without regard, before the fact, to the impact of that decision on the foundation’s tax exempt status.”
(Excerpt) Read more at zerohedge.com ...
