Obama’s fundraising formally challenged for legality with FEC

http://www.obamanigeria.org/ is the website advertised on this banner hung in Lagos which is the most populous urban area in Nigeria (pop. over 8 million)

http://www.obamanigeria.org/ is the website advertised on this banner hung in Lagos which is the most populous urban area in Nigeria (pop. over 8 million)

The RNC filed a complaint today alleging that Obama’s presidential campaign has received illegal contributions from foreigners and donations that exceed federal limits.

News accounts suggest that roughly 11,500 donors who gave a total of $34 million to the campaign may be citizens of foreign countries, who are not allowed to contribute to U.S. elections, the RNC said.

Cited in the complaint was a Newsmax.com article that asserted “questionable overseas donations that contains more than 11,500 contributions totaling more than $33.8 million.” in an FEC records database.

According to Newsweek  two donors using the names “Doodad Pro” and “Good Will” gave Obama more than $11,000 in increments of $10 and $25.

Something the press didn’t cover last June were two huge campaign fundraisers in China on his behalf. Interestingly enough the few obscure press releases from last june have been scrubbed. One fundraiser was at the home of a Coca Cola executive in Bejing. The other fundraiser was at the Shanghai home of an executive of a company that manufactures electronic components for cell phones and the like (Richco). There are old blogs still available for view.

There are strict rules that candidates can only receive monies from American citizens. (The FEC  prohibits contributions from corporations and labor unions)

Another press release passed over this last August was the corruption probe in Nigeria for the “Africans for Obama” fundraiser. $630,000 in fundraiser money was seized. The organiser of the August 11 event, Ndi Okereke-Onyiuke, chair of the Nigerian stock exchange, was questioned by corruption investigators but was cleared of any wrongdoing because no Nigerian laws were broken.

The press has also overlooked the website supporting Obama in Nigeria. The site address is www.obamanigeria.org

Obama, mentioned in an op-ed by economics professor Jay Mandle in the Washington Post:

The Obama campaign has repeatedly touted their financial gain from small donations. About $200 million has come from small donations.

During a Feb. 26 debate in Cleveland, for example, Obama said that “we have now raised 90 percent of our donations from small donors, $25, $50.”

Mandle’s op-ed notes “Contributions of less than $200 do not have to be itemized in reports to the Federal Election Commission, so we have no idea how many are made.”

That would mean 90 Percent of Obama donors had not been reported to the FEC.

According to the FEC:
$100 in currency (cash) to any political committee. (Anonymous cash contributions may not exceed $50.) Contributions exceeding $100 must be made by check, money order or other written instrument.

According to the FEC:
Contributions made in the name of another are prohibited. For example, an individual who has already contributed up to the limit for a candidate’s election may not give money to another person to make a contribution to the same candidate. Similarly, a corporation is prohibited from using bonuses or other methods of reimbursing employees for their contributions.

According to the FEC:
Foreign nationals, Federal government contractors and, in some instances, minors are prohibited from contributing funds.

According to the FEC:
If you contribute more than $200 to a committee, the committee is required to use its best efforts to collect and publicly disclose on a financial report your name, address, occupation and employer, as well as the date and amount of your contribution.

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