The US Senate Subpoenas Saudi Arabian Public Investment Fund’s US Subsidiary over Controversial PGA-LIV Merger The US Senate has issued a subpoena to the US subsidiary of Saudi Arabia’s Public Investment Fund (PIF) for additional information regarding the contentious merger between rival golf tournaments PGA and LIV. The Senate’s permanent subcommittee on investigations has demanded …
Saudi Arabian Crown Prince Mohammed bin Salman gives a speech during the 32nd Arab League Summit in Jeddah, Saudi Arabia, in May. File Photo by Saudi Foreign Ministry/UPI | License Photo Aug. 17 (UPI) — Mohammed bin Salman, the crown prince of Saudi Arabia, has been extended an invitation by the British government to visit, …
Senate Finance Committee Chairman Ron Wyden, D-Ore., has sent a letter to the PGA Tour raising concerns about its tax-exempt status in view of its proposed merger with Saudi-backed LIV Golf, owned by Saudi Arabia’s Public Investment Fund. (Photo by Mandel Ngan/UPI) June 15 (UPI) — The chairman of the U.S. Senate Committee on Finance …