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UAE Sheikh secretly acquired 49% of Trump’s World Liberty Financial days before inauguration: WSJ

Investment

According to an investigative report published by the Wall Street Journal (WSJ), a prominent member of the United Arab Emirates (UAE) royal family secretly acquired a significant stake in a company owned by Donald J. Trump just days before his inauguration in January 2017. The report alleges that Sheikh Tahnoun bin Zayed Al Nahyan, the UAE’s National Security Adviser and brother of the current ruler, purchased a 49% share in World Liberty Financial, a company affiliated with the Trump Organization. This transaction, reportedly conducted through undisclosed channels, immediately raised serious questions regarding potential conflicts of interest and the appearance of foreign financial influence over the incoming U.S. president. The timing of the acquisition—occurring just prior to Trump taking office—is particularly scrutinized, as it suggests the potential for undisclosed financial ties between the President’s business interests and a major foreign government. The WSJ investigation highlighted the opaque nature of the deal and the lack of public transparency surrounding the exchange.

Source: UAE Sheikh secretly acquired 49% of Trump’s World Liberty Financial days before inauguration: WSJ

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