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Jilly_in_VA

(10,160 posts)
Sat Aug 12, 2023, 12:59 PM Aug 2023

Nikki Haley's Hubby Tied to Shadowy Defense Firm

The latest financial disclosures from former South Carolina Gov. Nikki Haley reveal as much as $500,000 of her husband’s net worth derives from a mysterious “military technical services company”—an apparent shell entity tied to a government contractor seeking tax credits from her successor’s administration.

There is no evidence that Haley or her husband, Michael Haley, have broken any rules. However, the materials suggest the family could benefit financially from state and federal policy, including from the export of military equipment to Taiwan.

When Haley first submitted personal financial forms with the Federal Election Commission in May as part of her presidential bid, she declared among her husband’s “Employment, Assets, and Retirement Accounts” a company called Allied Defense LLC. The initial filing described this entity as a “start-up business, value not readily ascertainable” that had compensated the former Palmetto State first gentleman—a National Guard major who deployed to Africa in June—less than the minimum reportable amount of $201.

But the ex-governor, who gave up the mansion in Columbia to become then President Donald Trump’s United Nations ambassador in 2017, reappraised her spouse’s start-up in a subsequent update from July, now determining its worth to be between $250,000 and $500,000. It also added the “military technical services” descriptor.

The form offers no further details about Allied Defense LLC. But public filings proffer additional insight.

Only three companies nationwide have that name. One is an active shooter training outfit in Michigan, another is a small but long-standing Defense Department contractor now operating out of Florida, but previously based in Maryland and Virginia.

https://www.thedailybeast.com/nikki-haleys-husband-major-michael-haley-tied-to-shadowy-defense-firm-allied-defense-llc

Well, well, Nimrata--care to explain that a little further?

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