The latest round of leaked Hillary Clinton emails released by Wikileaks indicates that Chelsea Clinton may have embezzled large sums of money from the Clinton Foundation. An email from the foundation’s Chief Operating Officer, Laura Graham, to John Podesta and another top staffer indicates funds may have been misappropriated.
The email indicates that Chelsea Clinton may have been using funds from the nonprofit foundation to cover the expenses of her for profit ventures.
Email #7136 reads:
Matt McKenna has requested via Bari and HR an increase of 1500 monthly in his foundation consultant work to cover what he claims and Bari claims is work he is doing on behalf of CVC as it relates to her role with CF. The new breakdown of his total compensation would be as follows if we approve this:
4000 Foundation (2500 Non CVC + 1500 CVC)
2500 CESC
1500 CVC Office (For profit work)
I have no idea how they achieved what is a 50/50 split on his CVC work between her for profit and CF activities. I think it’s more heavily weighted toward her for profit and would think it would be closer to a 75/25 split. I have pushed back on Matt via HR several times asking for written justification and job responsibilities.
The email can be read in its entirety here and has been transcribed below:
Matt McKenna has requested via Bari and HR an increase of 1500 monthly in his foundation consultant work to cover what he claims and Bari claims is work he is doing on behalf of CVC as it relates to her role with CF. The new breakdown of his total compensation would be as follows if we approve this:4000 Foundation (2500 Non CVC + 1500 CVC)2500 CESC1500 CVC Office (For profit work)I have no idea how they achieved what is a 50/50 split on his CVC work between her for profit and CF activities. I think it’s more heavily weighted toward her for profit and would think it would be closer to a 75/25 split. I have pushed back on Matt via HR several times asking for written justification and job responsibilities. He has given me nothing but generic statements so he’s being less than cooperative. He bitched to Bari who relayed to HR that he hasn’t had an increase in his CF fee in 2 years. I don’t know if that is true. I am checking. Regardless, his concern for not getting an increase for CF (if that’s the case) in 2 years, as I have pointed out, is not a reason to arbitrarily just add costs to CF in the name of CVC. CVC has apparently approved this but I will double check with her directly. If we are going to increase him for CVC CF related work (and I agree that makes sense) it shouldn’t be arbitrary. It should be based on the estimated time she expects for the duration of his 6 month contract incorporating her actual time to date, as we do with CESC employees, to arrive at a figure that has some basis. I have also insisted that any increase be accompanied by a time sheet outlining the hours he is spending on CF – CVC and non CVC to ensure that he is tracking and we are approving them.Please advise on what you want me to do. Thnx. LGLaura GrahamChief Operating Officer & Chief of Staff to President ClintonThe Clinton Foundation55 W 125th St, NY, NY 10027212-348-1779 phone 212-348-9855 fax[email protected]<mailto:[email protected]>[email protected]<mailto:[email protected]>Please consider the environment before printing this e-mail
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