Thursday, February 29, 2024

Atlantic Council Axes Major Donor

Here is more from Politico:

The Atlantic Council terminated its relationship with a major donor, Gaurav Srivastava, after the think tank couldn’t confirm important details of his background in its donor vetting process, Daniel reports. Srivastava and his wife Sharon donated at least $1 million to the think tank for its Global Food Security Forum in Bali in November 2022.

— Srivastava last October was the subject of an unflattering profile by the news outlet Project Brazen that suggested misconduct on his part; a lawyer for Srivastava, who was granted anonymity because they were not authorized to speak on the record, told PI that the allegations in the article were “categorically false.” Bradley Hope, a co-author of the story and a former Wall Street Journal reporter, told PI in an email that “we stand by our story.” The termination of the relationship with the Atlantic Council has not been previously reported.

— “All funds received by the Atlantic Council from Mr. Srivastava for the Global Food Security Forum were dedicated to and used for the event,” a spokesperson for the Atlantic Council told PI. “We did, however, return funding received from Mr. Srivastava in 2023 for future collaboration.”

— “We made the decision to terminate our relationship with Mr. Srivastava in May 2023 upon learning new information because of our donor review process. For example, we learned that The Gaurav & Sharon Srivastava Family Foundation was not an established 501C3 in April of 2023, despite Mr. Srivastava’s representation to the Council that this was a registered foundation,” the spokesperson continued.


Here is a link to the Gaurav & Sharon Srivastava Family Foundation, which says it was founded in 2015.

The above-mentioned Project Brazen news outlet says that Gaurav Srivastava is an "alleged serial con man who pretended to be part of a little-known CIA program to swindle an oil trader."