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Inside : Did Clinton Foundation aid friends?

Clinton Foundation spokesman Craig Minassian insisted Thursday that "absolutely" no laws were broken despite the Wall Street Journal's suggestion that the foundation might have violated a federal law that tax-exempt non-profit organizations must act in the public interest and not in any private interest.
The Clinton Foundation set up a $2 million commitment in September 2010 that benefited Energy Pioneer Solutions Inc., according to the Journal. Energy Pioneer Solutions helps insulate homes to make them more energy-efficient and reduce the use of fossil fuels.

Julie Tauber McMahon, a close friend of former President Bill Clinton, owns a 29% stake in the company. Democratic National Committee treasurer Andrew Tobias and Democratic operative Mark Wiener each own 5%, according to The Wall Street Journal.

"President Clinton has established many friendships and professional connections throughout his career in public service. It is not surprising that many of the same people who have worked with him to make a difference and improve the world would continue their (work) through CGI," Minassian, the foundation's spokesman, said in a statement to CNN.

Craig Minassian brings a unique background in strategic communications, content development and brand marketing to promoting the work of the Clinton Foundation as chief communications officer. Craig served as assistant press secretary and director of television news in the White House for President Clinton and on numerous presidential campaigns including Clinton/Gore ‘96 and Secretary Clinton’s 2008 campaign, as well as a senior advisor to the Democratic National Convention Committees in 2008 and 2012. Since 2005 he has worked with the Clinton Foundation, including as director of communications for the Clinton Global Initiative. Previously, Craig spent a significant portion of his career with HBO working on cause-related and topical programming including “Comic Relief” and the U.S. Comedy Arts Festival, and as a consultant and producer for networks including Comedy Central, MTV and ABC. In 2006, he launched Minassian Media, which helps some of the most impactful global organizations in health, climate, media, technology and social entrepreneurship tell their story. He also worked on World Cup USA‘94 and serves on the President’s Council and School of Communication advisory board for the University of Miami, where he graduated in 1992
Minassian further accused the Journal of recycling "tabloid gossip" and said the article "ignored the facts about CGI's model, President Clinton and CGI's commitment to combating climate change, and how impact investment works."

"Many for-profit companies are addressing climate change through CGI and helping reduce dependency on fossil fuels," he added. 

In 2013, The Clinton Foundation Only Spent 10 Percent Of Its Budget On Charitable Grants
Hillary Clinton's non-profit spent more on office supplies and rent than it did on charitable grants (source :
The report comes as Hillary Clinton, the Democratic presidential front-runner, continues to swat away allegations of impropriety related to the Clinton Foundation and her use of emails during her time as secretary of state.
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