On Tuesday the president-elect announced a $20 billion investment from Emirati company DAMAC to build new data centers throughout the U.S., according to CNBC.
In 2020 FBI informant Alexander Smirnov received $600,000 from Economic Transformation Technologies (ETT). He began lying to the FBI about Hunter and Joe Biden that year, claiming they were engaged in bribery. DAMAC chair Farooq Arjomand is a large ETT shareholder, and has strong ties to Trump via Sajwani.
This is the second high-profile investment announcement Trump has made since his election victory, with Japanese billionaire investor Masayoshi Son, pledging $100 billion in American spending in December.
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