432 SHARES Share Tweet

On Thursday, the Clinton Foundation announced that donations from foreign entities or corporations would no longer be accepted if Hillary Clinton is elected president. This is coming amid surmounting criticisms of how the foundation was run during Hillary’s tenure as secretary which potentially allowed donors to pass through her office to seek for special access.

Also, the staff was also informed by the former president Bill Clinton that the organization (Clinton Global Initiative) would still hold its final meeting in New York coming September regardless of the outcome of the election.

This latest development is also coming amid new allegations that indict Hillary Clinton of granting foundation donors favorable access while she ran the State Department. While criticizing the foundation’s custom of receiving money from foreign governments particularly Saudi Arabia, Republican nominee Donald Trump believes that Clinton’s record on women’s right is undermined by these contributions.

In a bid to find lasting solutions to the world’s problems, CGI was launched in 2005 as an arm of foundation which focuses mainly on bringing private companies, government leaders, and non-profit organizations together to discuss solvable methods.

An annual meeting linked to the United Nations General Assembly held in New York City is the chief event of the initiative. During the meetings, participants are provided with networking opportunities while private companies participate in a forum through which the make pledges to lead charitable projects around the world that would be supervised by the Clinton Foundation.

While Clinton was secretary of state, the foundation put in place certain restrictions on accepting donations from corporations. But even when she was in office this rules did not prevent the foundation from accepting money from foreign governments. Hillary Clinton stepped down from the board when she launched her presidential campaign in 2015.