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Senator Accuses Tech Tycoon of Aiding China’s Political Warfare

Senator Accuses Tech Tycoon of Aiding China’s Political Warfare

Senator Jim Banks from Indiana spoke in the Senate to criticize Neville Roy Singham. Banks accused the tech entrepreneur of using a nonprofit network to support China’s political objectives against the U.S.

Singham, 72, sold his tech company for $785 million in 2017 and now resides in Shanghai. According to a Fox News Digital investigation, Singham has allocated $278 million to various nonprofits since 2017. These organizations participate in demonstrations against ICE, Israel, and in support of Iran.

“From his Shanghai office, Singham funds a network of NGOs and nonprofits aligned with the Chinese Communist Party’s interests,” Banks asserted.

Jodie Evans and Neville Roy Singham are pictured together. (Getty Images)

Banks highlighted that Code Pink, known for its activism, stopped criticizing China’s human rights record after receiving significant funds from Singham and after he married the group’s co-founder. Code Pink now declares “China is Not Our Enemy.”

On Wednesday, footage showed Code Pink targeting Senator Rick Scott over the Iran conflict. Scott questioned their silence on the October 7, 2023, Hamas attack on Israel, but received no response.

Banks also referenced Secretary of State Marco Rubio’s efforts to address global political terrorism. Rubio spoke to over 60 nations about international networks fostering unrest using encrypted communication. He emphasized the need for global cooperation to challenge the financing of dangerous groups.

“Our counterterrorism strategies have overlooked extremist violence from the political left,” Rubio stated. He added that such terrorism is often dismissed as mere conspiracy theories.

Singham faces a grand jury investigation in the Southern District of New York, overseen by acting Attorney General Todd Blanche. This investigation aims to scrutinize Singham’s financial dealings with the nonprofit network.

Earlier this year, Treasury Secretary Scott Bessent met with Goldman Sachs Chairman David Solomon in New York. Sources indicate that the meeting related to cooperating with a Justice Department probe into Singham’s financial behavior.

A Goldman Sachs spokesperson clarified, “All fund distributions were made to IRS-recognized nonprofit organizations. The account has been inactive since August 2023 and was closed in early 2024.”

Preston Mizell is a Fox News Digital writer specializing in breaking news.

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