Clinton HIV/AIDS Initiative
ALL RIGHT SO WITHIN WHAT IS I GUESS REFERRED TO AS CHAI. SO HOW MANY PART OF THE ASSETS WOULD BE IN THE CHAI PART OF THE FOUNDATION?
APPROXIMATELY $900 MILLION BY THE ANALYSIS WE HAD DONE.
AND WHAT WERE THE ALLEGATIONS SHE ALERTED YOU TO?
SHE STATED VERY SPECIFICALLY THAT THE FUNDS WERE USED AS ESSENTIALLY A PIGGY BANK. YOU COULD TRAVEL AND VACATION WHEN YOU WANTED TO. THAT WAS SENIOR…
02:16:40
SO WHAT YOU'RE SAYING IS THAT THEY COULD USE THE CLINTON FOUNDATION CHARITABLE DONATIONS FOR PRIVATE TRAVEL AND GO ON PERSONAL TRIPS, IS THAT WHAT…
02:16:52
YES, WE SEE THAT AS CONVERSION OF FOUNDATION PROPERTY.
02:16:56
WHAT ELSE?
02:17:02
SHE ALSO REFERENCED MR. CLINTON'S RELATIONSHIP WITH ONE OF HIS LARGEST DOE FLORKS BILL GATES, AND SHE SAID THEY WERE NOT ON SPEAKING TERMS IN…
02:17:26
HOLD ON. YOU'RE SAYING THE CLINTON FOUNDATION HAD NOT RECEIVED PROPER APPROVAL – WHO DID NOT RECEIVE PROPER APPROVAL?
02:17:39
PRIOR TO 2010, CHAI WAS THE ACRONYM FOR CLINTON H.I.V.-AIDS WHAT WE WERE LED TO BELIEVE FROM THIS INTERVIEW IS MR. GATES TELLING MR. CLINTON YOU…
02:18:17
ALL RIGHT. SO WHO APPROVED THE 501-C-3 STATUS FOR THE FOUNDATION?
02:18:24
WOULD HAVE BEEN THE I.R.S.
02:18:26
DO YOU HAVE THE DOCUMENT?
02:18:29
WE HAVE IT. WE'VE GOT THE DETERMINATION LETTERS.
02:18:34
IT WAS APPROVED FOR WHAT? BUILDING A LIBRARY OR –
02:18:39
THE INITIAL APPROVAL WAS SIMPLY FOR LIBRARY.
02:18:43
WHO MODIFIED IT?
02:18:46
WE SAW NO MODIFICATIONS TO THE ARTICLES OF INCORPORATION. IF YOU WANT TO CHANGE STATUS YOU HAVE TO NOTIFY THE I.R.S. –
02:18:54
I GET THAT. YOU SAID THAT BEFORE. WAS THERE ANY MODIFICATION?
02:18:58
NO.
02:18:59
WE HAVE A SECOND ROUND, THE GENTLEMAN FROM GEORGIA, I'LL GO TO YOU IN A SECOND.
02:19:04
MR. MOYNIHAN: TO YOUR QUESTION A VERY SPECIFIC MISREPRESENTATION THAT WENT ON WITH THE SECOND CHAI, I THINK THAT'S WHAT YOU WANT TO KNOW. IN ORDER…
02:20:18
THAT PERSON WENT ON TO FURTHER STATE TO US THAT SHE ADVISED HER OWN FRIENDS AND MULTIPLE BUSINESSES WHERE SHE HAD WORKED PREVIOUS TO THAT TO STOP…
02:20:35
GENTLEMEN, I'LL YIELD TO THE GENTLEMAN FROM GEORGIA. LET ME SAY THIS. IT IS CRITICALLY IMPORTANT THAT WE HAVE THE DOCUMENTS. WE CAN HEAR YOUR TESTIMONY…