Caracas, March 31st 2015 (venezuelanalysis.com)- A recent report has emerged revealing that Venezuelan billionaire and media tycoon, Gustavo Cisneros, donated up to US$ 1 million dollars to the Bill, Hillary and Chelsea Clinton Foundation between 2009-2013, while Hillary Clinton served as Secretary of State for the Obama administration.
A recent review of the foundation’s disclosures, carried out by the Wall Street Journal, brings to light a number of donators that were previously unknown to the public.
The figures include Argentinian and Ukrainian businesspeople, as well as Prince Turki al-Faisal of the Saudi Arabian Royal Family, who collectively donated up to US$68 million to the organisation over the course of four years. The majority of large donations came from residents in the Ukraine (US$10 million), England (US$8.4 million) and Saudi Arabia (US$7.3 million), according to the report.
Described as Latin America’s “Berlusconi,” Gustavo Cisneros appears in the report as having donated up to US$ 1 million to the couple’s foundation between 2009 and 2013. The exact amount and number of donations that he made are still unclear, however, as the foundation’s disclosure reports only cite donations in ranges as opposed to specific amounts.
The revelation has provoked a fierce backlash from the Republican party, as well as some figures within the Democrat camp. They have cited the donations as an attempt to circumvent an agreement between President Obama and the Clintons, in which the couple vowed to reject donations from foreign governments during Hillary Clinton’s time as Secretary of State.
Designed to insulate Clinton from charges of political corruption, the agreement is reported to have been a deal breaker for her designation as chief diplomat within the Obama administration. Nonetheless, politicians from both parties have pointed out that many of the individual donors to her foundation had strong links to foreign governments and presented a clear conflict of interest with her political position.
This latest report has added to the growing scandal surrounding Clinton who has recently come under fire for using a personal e-mail instead of an official state.gov address during her time as Secretary of State. She also deleted thousands of work related emails from her private account which should have been handed over for independent revision by the State Department at the end of her tenure.
The political quagmire has put a dampener on her potential 2016 bid for presidency, which she was widely expected to announce over the next few months.
Who is Cisneros?
Known as Venezuela’s “Rupert Murdoch,” Cisneros runs the Cisneros Group, one of the largest privately held media and entertainment companies in the world. He was originally linked to the Clintons back in 2010 when he was also alleged to have made a donation to their foundation, despite being a staunch supported and friend to former Republican President, George W. Bush.
His commercial empire includes property investment, Venezuela’s largest television channel, Venevision, and forays into international business ventures in the United States and Asia.
As a principle ally of former Venezuelan presidents such as Romulo Betancourt and Carlos Andrez, both tied to the country’s old political regime, Cisneros was one of the major players in the short-lived 2002 “media” coup which attempted to oust then president Hugo Chavez, famed for having brought Venezuela’s two party system to a crashing end with his election.
Cisneros met with coup ringleaders in the immediate aftermath of the putsch and prohibited the circulation of news surrounding the illegal nature of the ousting on Venevision. He also censured reports of the popular uprising which eventually returned Chavez to power.
He currently lives in the Dominican Republic.
Cisnero’s link to the Clintons has particularly angered members of the Republican National Committee, who have suggested that the business tycoon is somehow “tied” to the current Venezuelan government - despite his history of staunch opposition to the Bolivarian Revolution.
An official representative for the Clinton Foundation, however, has responded to accusations by denying any wrongdoing. In responses to press, spokesperson Craig Minassian refuted charges that donations to the organisation had been used to buy political influence or to conduct political lobbying.
"Like other global charities and nongovernmental organizations, the Clinton Foundation receives support from individuals all over the world because our programs are improving the lives of millions of people around the globe,” he asserted.
The Clinton Foundation began to accept donations from foreign governments following Hillary Clinton’s departure from office in 2013.