- Nancy Pelosi's son Paul Pelosi Jr, 53, is the second largest investor in a $22million Chinese company
- Paul secretly accompanied his mother on her controversial trip to Taiwan last week and is seen in photos alongside Taiwan's President Tsai Ing-wen and other top Taiwanese officials
- Paul worked for the telecoms company, Borqs Technologies, in a board or consultancy role, and was awarded 700,000 shares for his services, making him the fifth - and later second - largest shareholder
- His ties to the Chinese firm are revealed as Pelosi campaigns to tackle the Chinese government's aggression abroad and its corporate influence in the United States
- Paul's name was not listed in the official delegation sent out by the Speaker's office, but in a statement the Speaker admitted her son was her 'escort' on the trip in lieu of her husband
As well as investing, Paul Pelosi Jr, 53, also worked for the telecoms company, Borqs Technologies, in a board or consultancy role, Securities and Exchange Commission documents show.
He was awarded 700,000 shares for his services, making him the fifth largest shareholder in the company. After other insiders sold stock in June 2021 he became the second largest – more stock than one of its two co-founders and topped only by CEO Pat Sek Yuen Chan.
In September 2019 Chinese law enforcement detained the president of one of Borq's subsidiaries and seized copies of contracts and accounting records in a reported fraud investigation.
A later SEC filing from May 2022 listed the top 10 shareholders which did not include Pelosi Jr., suggesting he has slipped down the rankings of top shareholders since last year.
Nancy’s spokesman, Drew Hammill, also told DailyMail.com neither company has ties to Asia and neither processes mined lithium. Neither currently have revenue.
DailyMail.com's revelation of Pelosi Jr.'s role in the Beijing-based company comes after he and his powerful mother visited Taiwan in a show of solidarity for the nation that China controversially claims is part of its sovereign territory.
Pelosi Jr.'s name was not listed in the official delegation sent out by the Speaker's office. In a statement this week the Speaker admitted her son was her 'escort' on the trip in lieu of her husband when questioned by the press.
Nancy's son's ties to the Chinese firm could put the House Speaker in an awkward position over her current campaign to tackle the Chinese government's aggression abroad and its corporate influence in the United States.
Nancy Pelosi's son Paul Pelosi Jr, 53, is the second largest investor in a $22million Chinese company. Paul secretly accompanied his mother on her controversial trip to Taiwan last week
During their 19-hour visit the House Speaker and Pelosi Jr. were photographed alongside Taiwan's President Tsai Ing-wen and other top Taiwanese officials
DailyMail.com's revelation of Pelosi Jr.'s role in the Beijing-based company comes after he and his powerful mother visited Taiwan in a show of solidarity for the nation that China controversially claims is part of its sovereign territory. Pelosi Jr.'s name was reportedly not listed in the official delegation
Paul worked for the telecoms company, Borqs Technologies, in a board or consultancy role. Borqs is a Chinese telecoms company that specializes in 'Internet of Things' products and is listed on the Nasdaq stock exchange with a current market capitalization of $22million
Pelosi Jr.'s name was not listed in the official delegation sent out by the Speaker's office. In a statement this week the Speaker admitted her son was her 'escort' on the trip in lieu of her husband when questioned by the press. A spokesman for the Speaker told DailyMail.com that spouses and adult children are 'never included in...
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