Senate Subpoenas Saudi Sovereign Wealth Fund Over Concerns of Shady U.S. Dealings
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Senate subcommittee issued a subpoena to Saudi Arabia's $700 billion sovereign wealth fund for information on its U.S. dealings and investments.
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The fund is closely linked to Crown Prince Mohammed bin Salman and has faced scrutiny over human rights abuses and lack of transparency.
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Senators expressed concerns over the fund's attempted acquisitions of U.S. assets and influence.
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The hearing revealed rare bipartisan agreement to investigate Saudi Arabia's potential role in 9/11 and resistance to comply with U.S. law.
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It's unclear if the sovereign wealth fund will comply with the subpoena as it has claimed diplomatic immunity in the past.