TEHRAN — Democrats who won both chambers of Congress on Nov. 3 have told Saudi Arabia, the United Arab Emirates and Qatar to expect investigations into the money their governments and state-linked investors have sent the Trump family.
The warning carried a threat, The Washington Post reported. Governments that stonewall risk their standing in Washington.
They are expected to stonewall anyway. Diplomats told the Post that the documents lawmakers want most, private messages between royal courts, Trump family executives and administration officials, are the ones the Arab monarchies least want public.
Four days before Trump’s second inauguration, Aryam Investment 1, an Abu Dhabi vehicle backed by Tahnoon bin Zayed al-Nahyan, agreed to pay $500 million for 49 percent of World Liberty Financial, the crypto firm run by Trump’s sons and Zach Witkoff, son of envoy Steve Witkoff.
The Wall Street Journal reported that Eric Trump signed the agreement. Half the price was due upfront, and about $187 million of that went to Trump family entities, at least $31 million to Witkoff-linked ones.
Tahnoon is the UAE’s national security adviser, the president’s brother, and chairman of G42, an AI company that wanted American chips.
It got them. Weeks before the administration announced a framework allowing up to 500,000 advanced chips a year, Tahnoon’s MGX used World Liberty’s USD1 stablecoin to close…
