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Donald Trump’s Hindu-American Mega-Donor

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CLEVELAND (Diya TV) — A Hindu-American industrialist has emerged as one of Republican presidential nominee Donald Trump’s largest donors, saying his support for the billionaire real estate mogul proves he is not a racist.

“A lot of people think that Trump is somewhat of a racist,” said Shalabh “Shalli” Kumar, a Republican and Chicago-based businessman. “His partnership with the Republican Hindu Coalition will set that aside.”

Kumar, who was born in India, is the founder and head of the Republican Hindu Coalition, and is also one of only handful of supporters in the country who has contributed to what Trump fundraisers colloquially call the “double max” — the holy grail of campaign fundraising in the 2016 cycle.

Kumar is sending $898,800 to Trump Victory, the joint fundraising effort between the nominee campaign, the Republican National Committee and 11 state parties. A non-profit entity, the Hindu Republican Coalition is not directly coordinating with the Trump campaign, but is generally supportive of it.

The individual maximum donation one can make is $449,400, the “double max” is when fundraisers find a wealthy donor who will also give the maximum contribution in the name of his wife, as Kumar has done.

Kumar’s company, AVG Advanced Technologies, manufacturers and sells electronic products. Kumar himself flew in Saturday morning to meet with Trump at his Hamptons mansion. Afterward, he said he was very impressed with the candidate — it was the first time either two had met. Just hours later, by Saturday afternoon, Kumar wired the maximum individual donation to Trump Victory himself. His wife intends on sending a matching check Wednesday.

“That’s just a start. That’s the seed money,” Kumar said of the donation.

During the meeting between the two, Kumar said he was particularly entranced by the tough words Trump voiced on Pakistan — India’s neighbor and biggest nemesis. He also praised Trump’s views on Muslim profiling.

“The way the Muslim religion is being practiced today — it’s not the religion but the way it is being practiced today — there’s something wrong,” Kumar said.

“The policy setting is that we need to have a lot of scrutiny. I totally agree with [former Speaker] Newt Gingrich [R-Ga.]: Mosques should be monitored completely, vetting should be taking place. … I am totally for profiling. If you need to profile, what is the fuss?

“He has to do whatever [it takes] and he is the strongest that has come about in the last 45 years. … On national defense, he will be stronger than Reagan,” Kumar added.

Trump told Kumar during their meeting that Pakistan cannot be trusted as a U.S. ally, about how Osama bin Laden was housed on Pakistani soil when he was found and killed by U.S. forces. Trump also spoke on improving relations between the U.S. and India, and to improve the trade agreements between the two nations in an attempt to counteract China’s rise.

Kumar said he was already sold on the candidate before the meeting took place, but sought just a few clarifications before finally pulling the trigger.

“His positions were not very clear. Sometimes he says off-the-cuff remarks about call centers in India … so I was a little bit concerned about that,” Kumar said.

The newly nominated Trump will give the keynote address at Republican National Convention on Thursday

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FTX’s Nishad Singh got $543 million loan

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More fallout from the FTX cryptocurrency platform collapse. Court documents show its affiliate Alameda Research loaned executives like Sam Bankman Fried $1 billion and more than $500 million to Indian American Nishad Singh, FTX’s top engineer. FTX’s interim CEO says never in his career has he seen such complete failure of corporate controls and a complete absence of trustworthy financial information. The company filed for Chapter 11 bankruptcy after it was unable to come up with customer funds.

Elizabeth Holmes was sentenced to more than 11 years in prison after her conviction in January for defrauding investors while running the failed blood testing start up Theranos.In her trial, Holmes alleged she was in the midst of a decade-long abusive relationship with her then-boyfriend and Theranos COO Ramesh “Sunny” Balwani. The Indian American was also found guilty for his role in this fraud and will be sentenced later.

Starting next month, India will assume the G20 presidency for a year and chair more than 200 meetings, leading the way for global economic growth. Prime Minister Narendra Modi said his country’s leadership here will be inclusive, ambitious, and decisive.

Ravi Kapur contributed to this report.

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Arvind Venkat & Tarik Khan win Pennsylvania State seats

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WASHINGTON D.C. (Diya TV) – Looking back at the midterm elections, Arvind Venkat and Tarik Khan made history as the first South Asian Americans elected to the Pennsylvania State Legislature. Advocacy group Indian American Impact played a major role on the ground, saying it trained and mobilized 200 volunteers to go door-to-door, to engage voters and provide info they needed to elect new leadership.

After 35 years, the Nancy Pelosi era is officially coming to an end. The speaker from San Francisco announced she’s bowing out of leadership, but will retain her House seat. The midterms cost Pelosi’s Democratic party the House and effectively ended her speakership.

Two former Indian American executives at Meta Platforms will launch a new non fungible token start up for creators. Kirthiga Reddy and Saurabh Doshi have raised more than $8 million for their new company called Virtualness. But they are facing headwinds as the FTX cryptocurrency exchange collapse is putting pressure on the entire industry.

Ravi Kapur contributed to this report.

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Meet FTX insider Nishad Singh

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SAN FRANCISCO (Diya TV) – The controversy around failed cryptocurrency exchange FTX continues to captivate the world. Part of the scrutiny is now on the people involved, including Indian American Nishad Singh. According to new reports, this techie was part of FTX’s inner circle, which lived together and ran the cryptocurrency empire from the Bahamas. The software engineer was also reportedly aware that FTX secretly transferred customer funds worth billions of dollars to its sister firm Alameda Research. Currently, no one is facing any criminal charges. Diya TV featured Singh more than a decade ago for running ultra marathons as a 17 year old getting ready for college. 

Former President Donald Trump has officially announced he is running for president in 2024, marking his third bid for the White House. Trump had been hinting at this announcement for months, as the embattled former president faces multiple criminal and civil litigations and as his party is grappling with a worse than expected showing in the midterm elections. 

At the G20 Summit in Bali, world leaders including Indian Prime Minister Narendra Modi and U.S. President Joe Biden are coming together to condemn the rising threat of nuclear weapons as Russia’s war against Ukraine continues to raise tension and anxiety around the world.

Ravi Kapur contributed to this report.

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