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Bill Clinton 'for profit' income detailed in hacked email

Google Oneindia News

Washington, Oct 27 Former president Bill Clinton took in more than 50 million dollars from "for profit" activities over the years as he led the Clinton family foundation, a close aide said in a hacked memo released by WikiLeaks.

bill clinton

The aide, Douglas Band, detailed his own moneymaking efforts both on behalf of Bill Clinton personally and on that of the foundation, in a 2011 memo sent in response to complaints by the Clintons' daughter Chelsea.

The latest disclosures have added to a drip-drip of WikiLeaks revelations plaguing Hillary Clinton in the final stretch of her run for the White House as the Democratic nominee.

They come from a trove of email stolen from the account of John Podesta, who played a leading role in the foundation before becoming Clinton's campaign chairman.

Podesta has refused to authenticate the emails, which US intelligence believes were stolen by Russian hackers to disrupt the US elections. But neither he nor the Clinton campaign has challenged their authenticity.

They show the foundation had become a source of tension between aides to Bill Clinton and his daughter Chelsea, who accused them of taking "significant sums of money from my parents personally" and hustling clients for their own business at foundation events.

In the memo, Band defends his use of his private consultancy Teneo to raise funds for the foundation, saying it brought in large corporate donations from Coca-Cola, Dow Chemical, and Swiss bank UBS among others.

"Independent of our fundraising and decision-making activities on behalf of the Foundation, we have dedicated ourselves to helping the President secure and engage in for-profit activities -- including speeches, books, and advisory service engagements," said.

"In support of the President's for-profit activity, we also have solicited and obtained, as appropriate, in-kind services for the President and his family -- for personal travel, hospitality, vacation and the like."

He said he had received no fees or percentages of "the more than USD 50 million in for-profit activity we have personally helped to secure for President Clinton to date or the USD 66 dollars in future contracts, should he choose to continue with those engagements."


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