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Clinton Foundation Donor Ensnared in Kickbacks Probe

Matthew Vadum author image /

The revelations of corruption surrounding the international-cash-for-future-presidential-favors clearinghouse known as the Bill, Hillary and Chelsea Clinton Foundation never seem to end.

The great Alana Goodman of Washington Free Beacon reports that the Abraaj Group, a Middle Eastern investment fund that gave between $500,000 and $1 million to the Clintons’ philanthropy and that has received loans from the U.S. government, has been linked to a corruption investigation in Pakistan. The fund has not been charged in the case but its name is popping up in Pakistani media reports.

Goodman continues:

Authorities in Sindh province have accused a prominent government official of providing illegal favors to K-Electric, a power company owned and managed by the Abraaj Group since 2009.

Former Pakistani oil minister Dr. Asim Hussain [pictured in this blog post] was arrested last year amid allegations that he helped harbor terrorists in a string of hospitals he owned and doled out illegal contracts to companies, including K-Electric. Both Hussain and K-Electric have denied the allegations.

The investigation has not impacted the U.S. government’s ongoing partnership with the Abraaj Group, which dates back to at least 2012. That year, the Overseas Private Investment Corporation—a federal agency that dispenses corporate loans under the guidance of the U.S. State Department—selected the Abraaj Group to manage its $150 million Middle East investment fund.

Two weeks later, the Abraaj Group co-sponsored the Clinton Global Initiative’s annual meeting. […]