Would you be shocked to find out that the Clinton’s Foundation, aka a way to pay off their friends, had an offshore investment company? Or that it was unregistered with the local government?
If you’re shocked by that you haven’t been following the Clintons, especially Mrs. Clinton.
The Clinton Foundation’s Colombia-based investment company was not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government.
According to its corporate records, Fondo Acceso is registered in Colombia as a “simplified stock corporation,” which legal experts said precludes it from doing business as a private equity fund.
Fondo Acceso’s website was also removed from the internet this week, shortly after the Washington Free Beacon reported that the $20 million investment firm was owned by the Clinton Foundation and was run out of the foundation’s office in Bogota.
The website had previously described Acceso as “a Private Equity Fund that seeks investment opportunities in small and medium Colombian compan[ies]with the purpose of obtaining economic and social returns.”
We’re sure the investigative reporting staff at both the New York Times and the Washington Post will be on this story.
There’s no word as to whether Acceso is investing in cattle futures.
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