"hillary clinton email"Now that Hillary Clinton has officially announced that she will be running as a candidate for the Presidential elections in 2016, her business and personal life are under scrutiny with the Clinton Foundation the latest to come under attack.

Hillary Clinton is still yet to fully recover from the scandal surrounding her personal email account that she used while she was secretary of state and now questions are being asked about the Clinton charitable Foundation and its tax returns.

According to a report by Reuters, the Clinton Foundation’s acting chief executive admitted that the charity had made mistakes on how it listed government donors on its tax returns and said it was working to make sure it does not happen in the future.

The Clinton Foundation is a non-profit foundation and already its list of donors have been under intense scrutiny in recent weeks.  Critics have questioned donors from countries that have poor human rights records giving money to the foundation and have challenged the fact that generous donors could have an influence on the work undertaken by the foundation.

Republican critics say the foundation makes Hillary Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence from generous donors, especially those from overseas who may be looking to gain influence with the potential President of the United States.

After a Reuters review found errors in how the foundation reported government donors on its taxes, the charity said last week it would refile at least five annual tax returns.

“So yes, we made mistakes, as many organizations of our size do, but we are acting quickly to remedy them, and have taken steps to ensure they don’t happen in the future,” Clinton Foundation acting Chief Executive Officer Maura Pally said in a statement to Reuters.

The errors appeared on the tax forms 990 that all non-profit organizations must file annually with the U.S. Internal Revenue Service to maintain their tax-exempt status.  Maura Pally said the foundation did accurately report its total revenue but government grants were mistakenly combined with other donations leading to the confusion.

Hillary Clinton will be looking to clear up any questions surrounding her integrity as soon as possible to allow her to move forward with her campaign without any further hiccups.

political

An avid reader, I consistently engage myself in the areas of current affairs and understanding of international relations, whilst at the same time, am interested in the area of economics and understanding the roles of economic concerns in the political economy. You can follow The Heralding on Twitter, Facebook, Pinterest & Google+. Alternatively subscribe to our newsletter to be kept up to date with the latest articles on the Heralding.

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