(Luis Cornelio, Headline USA) The wife of lefty millionaire Rep. Ro Khanna, D-Calif., appeared to have ditched her Nvidia stocks through a trust just weeks before the tech giant got rocked by dueling sex and Chinese spying scandals.
The trust tied to Ritu Ahuja sold between $10,001 and $15,000 in Nvidia shares on Sept. 4 and Oct. 7, according to financial disclosures cited by Capitol Trades and reported by the New York Post.
The Ahuja-linked sales occurred just before Nvidia CEO Jensen Huang came under fire following a series of New York Times stories accusing him of having two affairs, one with an Nvidia executive and a separate one with a woman suspected of being a Chinese spy.
Huang resigned from his post on Thursday afternoon, with Executive Vice President and Chief Financial Officer Colette Kress taking over as interim CEO.
Nvidia shares have dropped about 30% amid the controversy, according to the Post.
The sales by the Ahuja-benefiting trust came as Khanna has faced years of questions surrounding his extensive stock-trading activities, which have reportedly generated millions of dollars in wealth.
Khanna is one of the wealthiest members of Congress, with an estimated net worth ranging from $27 million to more than $100 million.
Khanna’s wealth stems primarily from Ahuja’s family assets and investments. Her father, Monte Ahuja, is the affluent founder of Transtar Industries.
Khanna has repeatedly dismissed accusations of insider trading or wrongdoing, often attributing the trades to his wife.
In remarks to the Post, his spokesperson dismissed any claims that imply he was aware of the looming Nvidia scandals.
“Neither Rep. Khanna nor anyone on his staff received any briefing on Megaspeed, Jensen, or any counterintelligence risks tied to Nvidia,” a Khanna spokesperson told the Post.
“He had zero knowledge of this incident until the New York Times report. Khanna does not trade stocks and provided zero direction or input into any trades,” the spokesperson added.
Instead, Khanna’s office also called for an investigation into what the Trump administration “knew about Jensen and any of Jensen’s ties to China that could have compromised national security.”
