House Democrat calls for DOJ probe into Saudi-backed PGA-LIV merger, details bill ending tax benefit

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

EXCLUSIVE: Rep. John Garamendi is demanding the Justice Department investigate the merger of the PGA Tour with Saudi-backed LIV Golf, while proposing legislation to strip the organization of its tax-exempt status.

Rep. John Garamendi is demanding the Justice Department investigate the merger of thewhile proposing legislation to strip the organization of its tax-exempt status.

Garamendi explained that a number of professional sports leagues had tax-exempt status for years, but have since relinquished that status.

Meanwhile, Garamendi said the PGA-LIV merger"creates an international monopoly in which they effectively control all professional golf, or nearly all professional golf." Garamendi pointed to the Foreign Corrupt Practices Act, in which a foreign government"uses a bribe to achieve a goal could be a financial goal, it could be a political goal."

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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