Trump Campaign CEO Steve Bannon Repeatedly Failed To Disclose Breitbart News’ Financial Ties To Egyptian Businessman

Trump Campaign CEO Steve Bannon Repeatedly Failed To Disclose Breitbart News’ Financial Ties To Egyptian Businessman

Published with permission from Media Matters.

Undisclosed ties to an Egyptian businessman and former political official are just the latest disclosure issues for Stephen Bannon, chief executive for Republican presidential nominee Donald Trump’s campaign.

Bannon, who is also the executive chairman of Breitbart News, “is known to stay,” according to The Guardian, in a Washington, D.C., town home owned by Egyptian businessman and former politician Mostafa El-Gindy. Gindy’s home also reportedly serves as the Breitbart News D.C. headquarters. Breitbart News has not disclosed its financial ties to El-Gindy in numerous pieces that cite him favorably, while Bannon and Breitbart News have baselessly accused Democratic nominee Hillary Clinton of engaging in pay-for-play deals with foreign countries as secretary of state and spread false smears shared discredited book Clinton Cash.

Bannon, whom Trump hired on August 17 to help head Trump’s presidential campaign, used his position as Breitbart News’ executive chairman to run the conservative website as a propaganda arm of theTrump campaign.

The Guardianreported August 26 that Bannon is “is known to stay” in a Washington, D.C., town home, known as the “Breitbart embassy,” that’s owned by “Mostafa El-Gindy, an Egyptian businessman and former member of parliament.” Breitbart has reportedly operated its Washington, D.C., bureau from theGindy-owned home since 2011. From the Guardian’s report:

Bannon also co-owns a condominium in Los Angeles and is known to stay at the so-called “Breitbart embassy”, a luxurious $2.4m townhouse beside the supreme court in Washington DC, where his website’s staff work from basement offices. A Bloomberg profile of Bannon published last October, with which he cooperated, stated that Bannon “occupies” the townhouse and described it as being “his”.

But according to records at the DC office of tax and revenue, the Breitbart house is actually owned by Mostafa El-Gindy, an Egyptian businessman and former member of parliament. Gindy has received favorable coverage from Breitbart News, which styles him as a “senior statesman”, without an accompanying disclosure that he is the website’s landlord.

As the Guardian report noted, “Gindy has received favorable coverage from Breitbart News, which styles him as a ‘senior statesman’, without an accompanying disclosure that he is the website’s landlord.” Breitbart News has consistently refused to disclose its financial ties to Gindy.

Ironically, Bannon and his conservative website have long led a smear campaign against Hillary Clinton and the Clinton Foundation by making discredited and false attacks and spreading the baseless smears hyped in the discredited book Clinton Cash, which was written by Breitbart editor-at-large Peter Schweizer. (Trump has also predictably adopted their unfounded attacks on Hillary Clinton.) Bannon wrote and produced a documentary film that accompanied the error-filled book, both of which made a series of baseless allegations of corruption and quid pro quo by the Clinton Foundation and Hillary Clinton that have been widely discredited. Bannon is also the executive chairman and co-founder of the Government Accountability Institute, of which Schweizer is president.

Photo: Stephen Bannon CEO of Republican presidential nominee Donald Trump’s campaign is pictured during a round table with the Republican Leadership Initiative at Trump Tower in the Manhattan borough of New York, U.S., August 25, 2016.   REUTERS/Carlo Allegri

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