The Saudi Arabian Public Investment Fund (PIF) urged the leaders of a Senate subcommittee to back off on subpoenas issued to four of its U.S.-based consultants, according to a new letter disclosed Tuesday by the Senate Permanent Subcommittee on Investigations.
The letter, dated Jan. 12, was included as an attachment to a Monday letter from subcommittee chairman Richard Blumenthal (D-Conn.) and ranking member Ron Johnson (R-Wisc.) to PIF Governor Yasir Al-Rumayyan.
The lawmakers, who have been investigating the PIF activities and investments in the U.S. as a tool of foreign influence, accused the PIF of trying to “hamper” their inquiry into PIF’s “proposed takeover of professional golf in the United States” in the Monday letter.
The announcement last June that LIV Golf, which is funded by the PIF, and the PGA Tour were in talks to create a new…
