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VisitWill Saudi Arabia's PIF face international sanctions by end of 2024?
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Saudi Arabia's PIF Invests $2 Billion in Kushner's Fund Amid Nearly One Trillion Dollar Abuse Allegations
Nov 20, 2024, 08:41 AM
The Saudi Public Investment Fund (PIF) has invested $2 billion into a fund managed by Jared Kushner, former President Donald Trump's son-in-law. Human Rights Watch has accused Saudi Arabia's crown prince of using the nearly one trillion dollar sovereign wealth fund to silence international criticism and bankroll projects linked to human rights abuses. Allegations include the use of the fund to facilitate displacement, torture, and killing, as well as to whitewash these abuses through various means, including sportswashing.
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