Sen. Jim Banks, a Republican from Indiana, addressed the Senate on Wednesday. He criticized Neville Roy Singham, claiming the tech entrepreneur’s nonprofit network aids China in political operations against the United States. Banks highlighted that Singham, who previously sold his tech firm for $785 million in 2017, has contributed $278 million to various nonprofits since that year. These organizations often partake in demonstrations opposing ICE and Israel, and supporting Iran.
Banks described Singham’s base of operations as being in Shanghai, where he shares an office with a Chinese Communist Party (CCP) propaganda entity. This organization focuses on promoting positive narratives about China. Singham has allegedly been channeling funds into leftist nonprofits that support the CCP’s agendas.
“From his Shanghai office, which he shares with a CCP propaganda outlet whose avowed mission is to ‘tell China’s story well,’ Singham began funding a complex network of left-wing NGOs and nonprofits that advance the interests of the Chinese Communist Party,” Banks said.
One of the nonprofits mentioned by Banks is Code Pink, a group known for confronting lawmakers on Capitol Hill. Despite previously condemning CCP human rights abuses, Code Pink reportedly ceased such criticism after receiving substantial funding from Singham, who is married to the group’s co-founder, Jodie Evans. In public statements, Code Pink asserts, “China is Not Our Enemy.” Attempts by Fox News Digital to contact Evans and Singham for comments went unanswered.
Footage obtained by Fox News Digital showed Sen. Rick Scott, a Republican from Florida, being challenged by Code Pink about the conflict in Iran. Scott questioned why the group seemed untroubled by the October 7, 2023, Hamas attack on Israel, but received no response from the agitators.
Banks’ remarks included a reference to Secretary of State Marco Rubio’s recent call for action against far-left political terrorism. Rubio spoke to a summit of over 60 countries in Washington, D.C. He noted these networks operate internationally, training participants and using encrypted communications to incite unrest. He stressed the importance of international cooperation to cut the financial support of these organizations, some of which collaborate with hostile foreign governments.
Rubio asserted, “For far too long, however, our counterterrorism doctrine has had a blind spot – a blind spot when it comes to extremist violence from the political left. Even today, the very idea that far-left terrorism could be a serious threat is treated as a right-wing fever dream, or worse, as a dangerous fascist conspiracy.”
Singham is the subject of an ongoing grand jury investigation led by acting Attorney General Todd Blanche in the Southern District of New York. This investigation aims to explore Singham’s financial dealings and uncover any potential financial crimes related to his support of pro-CCP nonprofits. As of now, no formal charges have been filed against Singham.
Earlier this year, Treasury Secretary Scott Bessent met with Goldman Sachs Chairman and CEO David Solomon in New York. During the meeting, Bessent urged cooperation with the Justice Department’s probe into Singham’s financial activities. The meeting was reportedly amicable, with Solomon indicating Goldman Sachs’ willingness to assist in the investigation.
A spokesperson for Goldman Sachs stated to Fox News Digital, “All distributions from Mr. Singham’s donor-advised fund were made to legally recognized nonprofit organizations, as determined by the IRS. No distributions have been made from the account since August 2023, and it was closed in early 2024.”
Preston Mizell reports for Fox News Digital, focusing on breaking news stories.