Senator Jim Banks, a Republican from Indiana, addressed the Senate on Wednesday, targeting Neville Roy Singham. He accused the wealthy tech tycoon of backing China’s political efforts against the U.S. through an extensive network of nonprofit organizations.
Singham, an American entrepreneur who sold his technology firm for $785 million in 2017, has since relocated to Shanghai. A Fox News Digital investigation revealed that Singham has channeled $278 million into a web of nonprofits since 2017. These groups are involved in activities such as anti-ICE, anti-Israel, and pro-Iran protests.
“From his Shanghai office, which he shares with a CCP propaganda outlet whose avowed mission is to ‘tell China’s story well,’ Singham began funding a complex network of left-wing NGOs and nonprofits that advance the interests of the Chinese Communist Party,” Banks stated.
Code Pink’s Shift in Stance
Banks highlighted that Code Pink, a radical organization known for confronting lawmakers, previously criticized the Chinese government’s human rights record. However, he noted a change in their stance following financial support from Singham, who later married Code Pink co-founder Jodie Evans. The group now publicly asserts that “China is Not Our Enemy.” Evans and Singham have not responded to Fox News Digital’s requests for comments.
Footage showed Senator Rick Scott of Florida challenging Code Pink activists during a demonstration over the conflict in Iran. Scott questioned whether the group was concerned about the Hamas attack on Israel on October 7, 2023. The agitators did not respond.
Concerns Over Political Extremism
Banks also addressed comments from Senator Marco Rubio regarding the threat of far-left political extremism. Rubio highlighted at a recent summit in Washington, D.C., that such groups operate across multiple countries, using encrypted communication to incite unrest. He emphasized the importance of international collaboration to disrupt funding for these organizations.
“For far too long, however, our counterterrorism doctrine has had a blind spot – a blind spot when it comes to extremist violence from the political left,” Rubio remarked.
Investigations into Singham’s Finances
Singham currently faces a grand jury investigation in New York’s Southern District, authorized by acting Attorney General Todd Blanche. The probe scrutinizes his finances to detect any financial misconduct related to his pro-CCP nonprofit network. As of now, charges have not been filed against Singham.
Additionally, a meeting took place in New York between Treasury Secretary Scott Bessent and Goldman Sachs Chairman and CEO David Solomon. They discussed the Justice Department’s inquiry into Singham’s financial activities. Goldman Sachs has expressed readiness to cooperate with the investigation, affirming that all distributions from Singham’s fund went to IRS-recognized nonprofit organizations. The account has been closed since early 2024, with no distributions since August 2023.
Fox News Digital’s Preston Mizell reported on these developments.

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