Book raises queries on Indian donations to Clinton Foundation

Image
Press Trust of India Washington
Last Updated : Apr 29 2015 | 7:02 PM IST
A forthcoming book has raised questions whether former Samajwadi Party leader Amar Singh was a conduit for powerful interests in India pushing for approval of the Indo-US nuclear deal because of the donations made by him and some organisations to the Clinton Foundation in 2008.
Tabloid New York Post referred to the book 'Clinton Cash' and said that the Clinton Foundation received between USD 1 million and USD 5 million in 2008 from Singh.
In its report, the Post said the 2008 donation by Singh was made as the US Congress debated the approval of the landmark India-US civil nuclear deal.
Hillary Clinton, who was then Co-Chair of the Senate India Caucus and an eminent Senator, supported the bill, which was passed by the Congress with an overwhelming majority.
The book's author Peter Schweizer speculates whether Singh was a conduit for other powerful interests in India pushing for approval of the nuclear deal.
"If true, that meant Singh had given between 20 and 100 per cent of his entire net worth to the Clinton Foundation!" Schweitzer says in the book according to The Post.
In New Delhi, telephone calls to Singh to seek his reaction went unanswered.
However, both the Clinton Foundation and her campaign have strongly refuted the suggestions of any wrongdoings and have maintained that there was transparency in receiving donations for the foundation's public cause.
"As the Foundation's impact has grown, so too has its commitment to transparency," Maura Pally from the Clinton Foundation said.
Both the State Department and the White House have refused to comment on the questions and controversies surrounding the funding of the Clinton Foundation.
A recent report after Clinton announced her presidency bid, The New York Times reported that "a flow of cash" made its way into the Clinton Foundation during a deal that gave the Russians control of one-fifth of all uranium production capacity in the US.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 29 2015 | 7:02 PM IST

Next Story