Zerohedge, Topic: Clinton Foundation Whistleblower: "It Operated As An Unregistered Foreign Agent"

Link:  Clinton Foundation Whistleblowers Testify: "It Operated As An Unregistered Foreign Agent" 

Excerpt:

"Moynihan stated “Foreign agent,” as he began to read from a long list of violations discovered during the course of their investigation.

The Clinton Foundation “began acting as an agent of foreign governments ‘early in its life’ and throughout its existence. As such, the foundation should’ve registered under FARA (Foreign Agents Registration Act),” he said. “Ultimately, the Foundation and its auditors conceded in formal submissions that it did operate as a (foreign) agent, therefore the foundation is not entitled to its 501c3 tax exempt privileges as outlined in IRS 170 (c)2.”

Doyle, who was also outlining a litany of violations by the foundation, noted that currently there are approximately 1.75 million nonprofits in the United states that annually generate nearly 2 trillion dollars, which is 9 percent of the U.S. GDP.

“Whose minding the store, looking out for the donors and minding the rule of law,” said Doyle.

“On that note, we followed the money so we made extensive spreadsheets of their revenues and expenses, we analyzed their income statements and we did a macro-review of all the donors, which its a very (jumbled) sort of foundation,” said Doyle. “Less than 1/10th of one-percent of the donors gave 80 percent of the money. So we follow the money.” 

 Moynihan added that the foundation “did pursue programs and activities for which it had neither sought nor achieved permission to undertake.” "