NEW YORK: In a partisan statement, President-elect Donald Trump’s nominee to improve the efficiency of the US government, Indian-American Vivek Ganapathy Ramaswamy, has played down the story of the PIA investment-owned Roosevelt Hotel in New York. brought forward. Attention of Americans, Indians and Pakistanis.
Ramaswamy is a close friend of Vice President-elect JD Vance.
Ramaswamy’s political and financial statement is biased because the administration of New York City Mayor Eric Adams not only leased the Roosevelt Hotel to house illegal immigrants, but also 100 within city limits to meet the 14,000 room requirement. More small and big hotels have also been acquired. Many of these hotels are owned by foreign and non-US companies, such as the Indian Taj Group, Air India, and others.
Ramaswamy should have researched all the facts about the Roosevelt Hotel before determining the direction of his political statement and its practical objectives before declaring it to be the property of the Pakistani government. T
In his statement, he tried to create the impression that New York City was paying $220 million in rent to the Pakistani government for the Roosevelt Hotel. The hotel is actually owned by PIA Investments, a semi-public corporation, and the three-year lease of $220 million is only $18 million for PIA’s investment at the end of the lease beginning on May 15. Cash will be received. 2023.
If Ramaswamy had checked the terms and conditions before issuing his biased political statement, he would have had difficulty making such claims. Ramaswamy is yet to be sworn into office, and his mandate includes taking steps to improve the efficiency of the federal government. Commenting on state finances, performance, or municipal (city) government revenues and expenditures is not part of its responsibilities. However, he and his boss, Elon Musk, have the right to express opinions or objections to the grants and funds provided by the federal government to these state and municipal governments.
This statement by Ramaswamy, who was born to Indian immigrant parents in Ohio, is actually indicative of the future difficulties and complications surrounding the Roosevelt Hotel, showing how different parties are waiting to strike.