Multimillion dollar payments from LIV Golf, Reportedly 93% owned by MBS-Controlled Fund, to Trump Golf Resorts Raise Serious Questions about Conflict of Interest, Threats to National Security (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 […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
