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Tuesday, April 23, 2024

Disclosures Show Fauci Had $10.4M Investments in Chinese Companies

'Just like he has misled the American people about sending taxpayers dollars to Wuhan, China, to fund gain-of-function research, about masks, testing, and more, Dr. Fauci was completely dishonest about his financial disclosures being open to the public... '

(John Ransom, Headline USAGOP critics are slamming Dr. Anthony Fauci for investments in Chinese companies worth nearly $100,000, including a Chinese biotech company approved by the FDA that does contract development for RNA vaccines like the ones used to fight COVID that he owns through a fund.

“Sen. Roger Marshall (R-Kan.) obtained the records and published them on Jan. 14, showing that Fauci had $10.4 million in investments, including holdings in several funds, at the end of 2020. One particular fund was named the Matthews Pacific Tiger Fund,” reported the Epoch Times.

The Matthews Pacific Tiger Fund invested 42.7 percent of its capital in China and Hong Kong, said Epoch Times, including an investment in China biotech company WuXi Biologics that manages 408 biotech projects.

“The company is currently providing development and manufacturing services for multiple vaccine products,” said the company in a press release, “including attenuated virus vaccines, adenovirus vector vaccines, VLP vaccines, recombinant protein vaccines and RNA vaccines.”

Fauci, who is head of the National Institutes of Allergies and Infectious Diseases, has feuded with GOP members of Congress who have accused the doctor of being less than forthcoming about his disclosures.

Sen. Rand Paul, R-Ky., has accused Fauci of lying about U.S. funding of virus research in Wuhan, China, a likely source of the COVID virus, as well as clashing with Marshall over the release of his financial disclosures.

“Just like he has misled the American people about sending taxpayers dollars to Wuhan, China, to fund gain-of-function research, about masks, testing, and more,” said Marshall after finally getting Fauci’s financial documents, “Dr. Fauci was completely dishonest about his financial disclosures being open to the public.”

As a result, Marshall has promised to introduce the Financial Accountability for Uniquely Compensated Individuals (FAUCI) Act, that will require financial disclosures for high-paid government officials, like Fauci, to be available online.

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