House Oversight Committee Chairman Mark Meadows is slamming two Clinton Foundation whistleblowers for refusing to share crucial documents with lawmakers.
On Thursday, John Moynihan and Larry Doyle rejected Meadows request to turn over 6,000 pages of evidence, which could implicate the Clinton Foundation in a pay-to-play scheme. However, the whistleblowers did agree to answer the committee’s questions about the information contained in those documents.
They explained how the Clinton Foundation’s revenues hit an all-time low after Hillary lost the 2016 presidential election.
The House Oversight Subcommittee on Government Operations held a hearing on Capitol Hill Thursday on the Clinton Foundation.
Mark Meadows (R-NC), the Chairman of the Subcommittee on Government Operations, led the hearing Thursday — special prosecutor John Huber was a NO-SHOW.
The whistleblowers, Lawrence Doyle of DM Income Advisors and John Moynihan of JFM Associates, argued that according to their research, the Clinton Foundation was operating outside of its bounds as a 501c3 non-profit organization and instead operated exactly like the global fund in Geneva, Switzerland by brokering money and pharmaceuticals.
Mr. Moynihan also stated that 60% of the donations going to the Clinton Foundation were used for “administration fees” which is a stark difference from the industry norm of 10-15% for admin fees.
“The investigation clearly demonstrates that the [Clinton] Foundation was not a charitable organization per se, but in pointed fact was a closely held family partnership,” Mr. Doyle said.
Doyle continued, “As such, it was governed in a fashion in which is sought in large measure to advance the personal interests of its principles as detailed within the financial analysis…and further confirmed within the supporting documentation and evidence.”