![]() ![]() dollars, to seek permission to release their names, said a person familiar with the foundation, who was not authorized to speak publicly about the matter. The Canadian partnership has in recent days begun to reach out to its 28 largest donors, each of whom gave donations equivalent to at least $250,000 in U.S. With the foundation’s finances emerging as an issue for Hillary Clinton’s presidential campaign, a foundation official this week defended the arrangement with the Giustra group, noting in a blog post that Canadian law prevents charities in that country from disclosing their donors without the donors’ permission. Two of the partnership’s known donors - Giustra and another mining executive, Ian Telfer - are featured in the soon-to-be-released book “Clinton Cash” for their roles in a series of deals that resulted in Russia controlling many uranium deposits around the world and in the United States. The partnership, named in part for Bill Clinton, sends much of its money to the New York-based Clinton Foundation. government while Hillary Rodham Clinton was secretary of state. The Canadian group has received attention in recent days as a potential avenue for anonymous Clinton Foundation donations from foreign business executives, including some who had interests before the U.S. The number of undisclosed contributors to the charity, the Canada-based Clinton Giustra Enterprise Partnership, signals a larger zone of secrecy around foundation donors than was previously known.ĭetails of the organization’s fundraising were disclosed this week by a spokeswoman for the Canadian group’s founder, mining magnate Frank Giustra. “Once we demonstrate that an entire industry can rally behind an initiative like this, we hope to engage other sectors and other businesses,” Clinton said.A charity affiliated with the Clinton Foundation failed to reveal the identities of its 1,100 donors, creating a broad exception to the foundation’s promise to disclose funding sources as part of an ethics agreement with the Obama administration. It was not clear what their donation would consist of. ![]() Companies involved include South Africa’s Gold Fields Ltd, the world’s fourth largest gold producer, and Canadian nickel-miner Teck Cominco. She welcomed the initiative but said: “Its success will depend on how they incorporate the affected communities into this process.”Īmong those already signed up as supporters are the London Stock Exchange, the Toronto Stock Exchange and the World Gold Council. The rights of indigenous communities to have a say in exploiting natural resources is also a hot button issue throughout Latin America, Sarin said. They really question how much they’re benefiting from the overall gains that are being made,” Sarin said. “That’s often one of the main concerns of mining-affected communities. Once established, mines are not labor intensive, relying on high-tech skills instead, and the impact on the environment can hurt farming. ![]()
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