MUMBAI: Former US president Bill Clinton praised Indian generic drug companies such as Ranbaxy and Cipla for their stellar contribution in the fight against the HIV/AIDS scourge, saying their cheap drugs saved millions of lives.
Just a few little snippets to give you the flavour of this 'charity'
Bill Clinton praises pharma companies Ranbaxy and Cipla for fight against AIDS
The World Health Organisation had pinged Ranbaxy in 2004 for its dodgy drugs. This superb piece of reporting in Fortune Magazine tells the appalling tale of Ranbaxy, a company whose culture permitted an executive to reportedly say:
“Who cares? It’s just blacks dying.”
The return reveals that William J. Clinton was not a director, officer or trustee of the fund during the 2006 calendar year. He had nothing to do with the operation of the Foundation at all and thus had no authority to enter into or sign contracts or agreements on its behalf.
The Australian Government says in its records and reports that it paid out $25M in reliance on the MOU it released under FOI (above). Clinton must have known at the time that he had no authority to sign.
Here is the link to all of the Clinton Foundation's Annual Reports and financial returns:
Bill Clinton is not listed as a trustee of the main Foundation until 2013.
On 18 January 2001 Bill Clinton was forced to release his Arkansas law licence and later that year his US Supreme Court license under a deal to avoid formal disbarment and further penalties at law for offences of dishonesty:
In the matter of Clinton v. Jones
On April 12, 1999, Judge Wright found Clinton in contempt of court for “intentionally false” testimony in Jones v. Clinton, fined him $90,000, and referred the case to the Arkansas Supreme Court’s Committee on Professional Conduct, as Clinton still possessed a law license in Arkansas.
The Arkansas Supreme Court suspended Clinton’s Arkansas law license in April 2000. On January 19, 2001, Clinton agreed to a five-year suspension and a $25,000 fine in order to avoid disbarment and to end the investigation of Independent Counsel Robert Ray (Starr’s successor). On October 1, 2001, Clinton’s U.S. Supreme Court law license was suspended, with 40 days to contest his disbarment. On November 9, 2001, the last day for Clinton to contest the disbarment, he opted to resign from the Supreme Court Bar, surrendering his license, rather than facing penalties related to disbarment.
US law requires charities to make disclosures about certain offences and administrative actions signaling dishonesty.
It appears that team Clinton decided, illegally, to have Bill run the Foundation without being an officer or director. And the Australian Government appears not to have checked on Clinton's bona fides.