U.S.: Investigate New Evidence of President Trump's Business Dealings with MBS
(January 15, 2023 New York): The U.S. Department of Justice and Congress should investigate the disturbing facts and circumstances surrounding payments by Saudi Arabia's sovereign Public Investment Fund (PIF), via its wholly-owned LIV Golf company, to businesses owned by former President Donald Trump, said Democracy for the Arab World Now (DAWN).
On January 13, 2023, Elliot Peters, a name partner at Keker, a prominent San Francisco law firm, who is lead counsel to the PGA in the players' lawsuit, inadvertently revealed in a court proceeding that PIF owns 93% of LIV Golf, pays for all of its events, and holds all of the entity's financial risk. PIF's chairman is Saudi Crown Prince Mohamed bin Salman (MBS), who has absolute and final decision-making control over the fund. LIV Golf is a newly established golf tournament franchise that has emerged as a rival to PGA Golf. It has paid Trump-owned golf resorts unknown millions of dollars to hold its events there, and former President Trump has publicly championed the new league, made prominent appearances at its events, and urged PGA players to sign on with LIV Golf.
"The revelation that a fund controlled by Crown Prince MBS actually owns almost all of LIV Golf means that MBS has been paying Donald Trump unknown millions for the past two years, via their mutual corporate covers," said Sarah Leah Whitson, Executive Director of DAWN. "The national security implications of payments from a grotesquely abusive foreign dictator to a president of the United States who provided extraordinary favors to him are as dangerous as they are shocking."
https://dawnmena.org/u-s-investigate-new-evidence-of-president-trumps-business-dealings-with-mbs/
SouthernDem4ever
(6,617 posts)What is shocking is he's still getting away with it.
twodogsbarking
(9,822 posts)There are no limits for Trump getting even. None.
SergeStorms
(19,204 posts)It can't compete with the well established PGA and isn't drawing the big names it had hoped for.
The only golfers they're attracting are over-the-hill types, and young golfers who can't make it in the PGA. The Trump "brand" is pretty toxic right now, and if LIV didn't have the deep pockets of the Saudis behind it, it would have folded already.
Leave it to Trump to always team up with fellow lowlife scumbags like himself. He'll take as much money as the Saudis want to throw at him, and is probably using state secrets as currency with them. He's just that kind of guy.
Phoenix61
(17,019 posts)Six months after leaving the White House, Jared Kushner secured a $2 billion investment from a fund led by the Saudi crown prince, a close ally during the Trump administration, despite objections from the funds advisers about the merits of the deal.
gibraltar72
(7,512 posts)Lonestarblue
(10,085 posts)Trump has no loyalty to anyone but himself, but the millions MBS has paid him are probably legal unless there is proof that he sold MBS some of the information contained in the top-secret documents he stole. Proving that could be impossible because its just like money launderingyou known its happening (as when Trump sold a Florida property during the Great Recession at a ginormous profit), but proving it is next to impossible. MBS can always claim that the value of the Trump name is worth however many millions he paid.
Given how long its taking to investigate the January 6 insurrection coup, this should be on the back burner.
Scrivener7
(51,021 posts)onecaliberal
(32,902 posts)Botany
(70,589 posts).... TFG was way deep into debt to the Saudis, the Chinese, and Russia and that was before he was
installed as POTUS by Russia, those relationships continued as he was President, and after he left the
White House too. Who isn't surprised that the LIV golf tour is just another money laundering grift for
TFG?
TFG & Kushturd's post Presidency Saudi grifts/crimes:
Kushner's stealing 20 million doses of C-19 vaccine as he was leaving the White House .... which ended up
helping some really rich Americans and some Trump connected Saudis.
LIV Golf
Kushner's 2 billion dollar "investment" from the Saudis
TFG's passing on top secret information about Israel to the Saudis via the stolen documents
TFG's tipping off MBS which Saudi Royals were not loyal to him via the stolen documents (he did this as President too)
republianmushroom
(13,704 posts)There are more than 40 statutes trump violated that is not being investigate
by the authorities..
23 months and counting