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Article: Aid to Clinton Foundation not a 'conflict of interest': CII.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 20, 2008
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Aid to Clinton Foundation not a 'conflict of interest': CII
New Delhi, Dec 20 (PTI) -- Indian industry body CII today said its USD 750,000 contribution to sponsor a Clinton Foundation event to promote India Inc in the US could not be construed as 'conflict of interest' for Secretary of State-designate Hillary Clinton.
CII sponsored the Clinton Foundation event in September 2007 as a part of the Rs 23-crore "India@60" celebrations in New York.
While the Commerce Ministry paid Rs five crore of the total budget of Rs 23 crore, payment to the Clinton Foundation "cannot be linked to the government contribution", CII Finance Committee head Jamshed ...