Trump’s Corruption Deepens with New Saudi Deal
Donald Trump has officially expanded his corrupt business dealings in Saudi Arabia with the announcement of Trump Tower Jeddah. This project, revealed by Eric Trump, comes as the Trump Organization continues to face declining real estate deals in the U.S. following the backlash from the January 6 Capitol riots. The tower marks the fifth collaboration between the Trump Organization and Dar Global, a Dubai-based developer, with a staggering investment of $532 million.
Previously, the Trump family had committed to refraining from signing new international deals during Trump’s presidency, but following his re-election, he appears unbothered by the ethical implications of such actions. This blatant disregard for conflict of interest raises significant concerns regarding corruption, especially given Trump’s long-standing business ties to Saudi Arabia.
Additionally, Trump’s son-in-law, Jared Kushner, has secured $2 billion from Saudi Arabia’s sovereign wealth fund, a move that has yet to yield any profit but indicates a troubling financial relationship. This partnership has deepened as Kushner and Saudi Crown Prince Mohammed bin Salman have maintained frequent communication over the years, further entrenching the Trump family’s entanglement with foreign interests.
The Trump Organization’s reliance on lucrative Saudi projects highlights the extent of corruption within Trump’s administration. Despite the appearance of impropriety, Trump seems to prioritize personal financial gain over ethical governance, undermining American democracy in the process.
As Trump’s business interests continue to intertwine with foreign powers, it is clear that he is willing to sacrifice integrity for profit, showcasing a troubling trend that threatens the foundations of democratic governance. His actions exemplify a disregard for accountability and transparency, further solidifying the notion that Trump’s administration operates on a platform of corruption and self-dealing.
(h/t: https://news.yahoo.com/finance/news/trump-corruption-business-officially-expands-214057666.html)