Ukraine oligarchs ‘top cash contributors’ to Clinton Foundation prior to Kiev crisis

From 2009 up to 2013, the year the Ukrainian crisis erupted, the Clinton Foundation received at least $8.6 million from the Victor Pinchuk Foundation, which is headquartered in the Ukrainian capital of Kiev, a new report claims.

In 2008, Viktor Pinchuk, who made a fortune in the pipe-building business, pledged a five-year, $29-million commitment to the Clinton Global Initiative, a program that works to train future Ukrainian leaders “to modernize Ukraine.” The Wall Street Journal revealed the donations the fund received from foreigners abroad between 2009-2014 in their report published earlier this week .

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Several alumni of the program have already graduated into the ranks of Ukraine’s parliament, while a former Clinton pollster went to work as a lobbyist for Pinchuk at the same time Clinton was working in government.

Between 2009 and 2013, the very period when Hillary Clinton was serving as US secretary of state, the Clinton Foundation appears to have received at least $8.6 million from the Victor Pinchuk Foundation.

That places Ukraine as the leading contributor among foreign donators to the Clinton Foundation.

Foreign Donors to Clinton Foundation by Ranking

Ukraine: $10.0 million

England: $8.4

Saudi Arabia: $7.3 million

Germany: $6.7 million

Ireland: $6.5 million

India: $5.0 million

Canada: $4.5 million

Argentina: $2.0 million

United Arab Emirates: $1.4 million

China: $1.3million

Source: Wall Street analysis of Clinton Foundation disclosures

The Pinchuk foundation said its donations to the Clinton-family organization were designed to make Ukraine “a successful, free, modern country based on European values.” It went on to remark that if Pinchuk was hoping to lobby the US State Department about Ukraine, “this cannot be seen as anything but a good thing,” WSJ quoted it as saying.

However, critics have pointed to some disturbing aspects regarding the donations, including the coincidence of the Ukrainian crisis, which began in November 2013, and the heavy amount of cash donations being made to the Clinton Foundation on behalf of wealthy Ukrainian businessmen. In any case, given that Hillary Clinton appears to be considering a possible run in the next presidential elections, more scrutiny will be devoted to her past work with the charity that bears the Clinton name.

First, as already mentioned, Clinton was serving as the US secretary of state at the time that the donations to her family’s charity were being made. Although it is true that the Clinton Foundation refused donations directly from foreign governments while Clinton was serving in the Obama administration, the door remained wide open to donations from public citizens like Pinchuk, who has advocated on behalf of stronger ties between Ukraine and the European Union.

Political connections in the Pinchuk family run deep. Not only did Viktor Pinchuk serve two terms as a Ukrainian parliamentarian, but his wife is the daughter of former Ukrainian President Leonid Kuchma. READ MORE