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Cash Patel, the candidate for President Donald Trump, head of the FBI, owns shares ranging between $ 1 to $ 1 in a company controlling Sheen, a controversial electronic business company Corporate pressure from three countries reviewed by WIRED. They show that Patel started consulting for Shin One month ago The company also retained the services of the pressure company, as Bam Bondi, the newly confirmed US public prosecutor, worked at that time.
In the law is required Financial detectionPatel told US Senators – who are expected to vote on whether it will be confirmed next week – that he is not planning to strip his share in Shin if he becomes the leader of the FBI. The shares are allocated to the fast fashion company, which is said to be valuable 50 billion dollarsIn the form of the so -called “restricted arrow units” (RSU).
RSU units are often granted to the company’s employees, who cannot usually spend until a specific time has passed or other conditions are passed. Patel revealed that the RSU has started on February 1 and is expected to be paid every three months.
Legally, an official, like the FBI head, will not need to get rid of or re -get rid of it in order to show a clear conflict in interests, says Jordan Leibitz, the deputy head of communications in the Citizen Control Group for responsibility and morals in Washington. “However, optics in the situation are not great,” he says. “Therefore, we recommend abstraction or rejection from any issue that involves Shin when he takes office.”
Patel’s transitional official said that Patel had gone “further” in answering questions from legislators. “The Senate has evaluated all possible conflicts and concerns,” Arjun Modi said in an email to Wire. Shin did not immediately respond to a request for comment.
In his financial disclosure, Patel said that he started working as a consultant to an entity in the Kayman Islands called Elite Depot Ltd in April 2024, which he described as a “fashion management company”. A wire review to see corporate registration files, disclosure of pressure, and other public records of the United States and the United Kingdom and Kayman show that elite elite warehouse elite works as a preliminary company for Shein.
Shin, who is famous for selling low -price clothes made in China, was subject to severe scrutiny in Washington because of her alleged unethical commercial practices when Patel began consulting for the company. Amid the controversy, Shin was struggling to obtain approval from the financial organizers of the public in New York. In February of that year, Marco Rubio of the state of Florida was now, now, Foreign Minister Trump, Foreign Minister Trump, Urging The US Securities and Exchange Committee to stop the planned public subscription from Shane.
In a financial review submitted to the UK organizers – where it is currently trying to subscribe after its attempts to at the United States list – the company said, “The final dominant party is Elite Depot Limited, a company registered in the Kayman Islands.” General deposits submitted to Congress three various political Pressure companies Work on behalf of Shin in Washington describes Elite Depot that he has a 100 percent royal share in the fast fashion giant.