Clinton Foundation to Close Overseas Fundraising Branches If Hillary Clinton Wins

The two branches are based in Europe.

ByABC News
September 2, 2016, 3:05 PM

— -- The Clinton Foundation will close its overseas fundraising arms in Sweden and the United Kingdom if Hillary Clinton becomes president, ABC News has learned.

Foundation officials told ABC News that under a Hillary Clinton administration, they would close the William J. Clinton Foundation U.K. in London and the Clinton Foundation Insamlingsstiftelse in Stockholm because these two organizations operate to accept foreign funding.

“These entities have been used for specific donors like the Swedish Postcode Lottery,” a Clinton Foundation official wrote in an email. “We've also said that if Secretary Clinton wins she wouldn't accept foreign donations; so it just naturally follows that there wouldn't be a need for these entities, and we'd close them.”

The Swedish Postcode Lottery has given more than $10 million to the Clinton Foundation and its contribution has been made public.

News of both entities possibly shutting doors comes weeks after former President Bill Clinton told his foundation staff that he would officially step down from the board of the Clinton Foundation if Hillary Clinton were elected the next president. Chelsea Clinton, on the other hand, will stay on the board of the foundation regardless of the outcome of the election.

This news was first reported by Reuters.

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