By Shawn Rice
Ivanka Trump, by way of a female entrepreneurship fund, received a $100 million donation from Saudi Arabia according to a misleading report. However,the partisan web site grossly misrepresented the nature of her involvement in a World Bank project to help female entrepreneurs. Indeed, Ivanka was an advocate for the World Bank’s project to give assistance and funding for female entrepreneurs in the developing world.
This advocacy included an appearance at an event where the project was announced.
However, Ivanka Trump will have no part in fundraising for or operating the project. Instead, the project will be run by the World Bank, and there does not appear to be any way in which she could financially gain from it. So, where did the misleading information originate about Ivanka personally benefiting from this large donation?
Resistance Report published the article on May 21, 2017, claiming that the government of Saudi Arabia had donated $100 million to “Ivanka Trump’s female entrepreneurship fund”:
President Trump’s visit to Saudi Arabia was fortuitous for both the Islamic nation and for the Trump family — specifically First Daughter Ivanka.
On the same weekend that Jared Kushner — Ivanka’s husband — brokered a $100 billion arms deal with the Kingdom of Saudi Arabia, officially the largest arms sale in U.S. history, the Saudis reciprocated by donating $100 million to Ivanka Trump’s female entrepreneurship fund.
A similar version of the above story then appeared on the USA News Post web site the next day. In its report, The Resistance Report cited a May 21, 2017, Wall Street Journal article which stated and reported, more accurately about the donation.
The World Bank announced Sunday at an event with Ivanka Trump, the U.S. president’s daughter and senior White House adviser, that Saudi Arabia and United Arab Emirates have pledged a combined $100 million to a fund that will assist women entrepreneurs and small business owners.
Snopes reported that a spokesperson for the World Bank said that the $100 million is based upon a combined donation by Saudi Arabia and the United Arab Emirates . The spokesperson emphasized that “It will not be a ‘fund,’ in that we see it providing training, mentoring, and policy advice as well as finance.”
Here are some examples of people discussing the donation on social media.
Who knew that Jared Kushner’s $110B arms deal w/ Saudi Arabia would include a $100M Saudi donation to Ivanka Trump’s corrupt “charity”.
— Ricky Davila (@TheRickyDavila) May 24, 2017
What can be the possible reason behind such a huge donation?https://t.co/rmUXuZj2al
— MADONNA (@Madonnalicious_) June 1, 2017
What can be the possible reason behind such a huge donation?https://t.co/JXCuyF8VSy
— Kendall Jenner (@KenndaI_Jenner) June 1, 2017
Nobody talking about the $100m “donation” to Ivanka’s “charity” by the Saudis after Jared interfered in the arms deal for them. #hypocrisy
— Bull427 (@ahearn427) May 31, 2017
So why did he sell them all those weapons, cheap? Maybe Go to the full article.
Source:: Business 2 Community