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Indiana Republican Senator Jim Banks delivered a pointed Senate floor speech Wednesday attacking technology entrepreneur Neville Roy Singham, characterizing his expansive network of charitable organizations as a mechanism for Chinese political interference. Banks alleged that Singham, a 72-year-old American based in Shanghai since selling his tech company for $785 million in 2017, has directed $278 million into affiliated nonprofits over the past seven years, with groups within the network regularly organizing demonstrations opposing U.S. immigration enforcement, supporting Iran, and opposing Israeli interests.
Operating from a Shanghai office shared with a Chinese Communist Party propaganda organization, Singham has constructed what Banks described as a sophisticated web of left-leaning nonprofits advancing Beijing’s agenda. Banks highlighted Code Pink, the activist organization co-founded by Singham’s wife Jodie Evans, noting that the group’s positions shifted markedly after receiving substantial funding from Singham—abandoning previous criticisms of Chinese human rights abuses in favor of defending the Chinese government.
The speech echoed recent statements by Secretary of State Marco Rubio, who addressed diplomats from more than 60 nations earlier this month regarding coordinated far-left extremist networks operating across international borders with encrypted communications and training programs. Rubio stated that counterterrorism efforts have historically overlooked left-wing violence, with acknowledgment of such threats often dismissed as conspiratorial thinking.
Federal authorities in New York are conducting a grand jury investigation into Singham’s finances under the direction of acting Attorney General Todd Blanche, scrutinizing potential financial crimes related to his nonprofit funding activities. Treasury Secretary Scott Bessent met with Goldman Sachs leadership to encourage cooperation with the Justice Department probe, with a company spokesman confirming all distributions from Singham’s donor-advised fund went to IRS-recognized nonprofits, with account activity halting in August 2023 and closure in early 2024.
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