Sanders: Businesses may violate state’s foreign-ownership law

(The Center Square) – Arkansas Gov. Sarah Huckabee Sanders said Wednesday that two businesses may have ties to China, violating the state’s foreign-ownership law.

Agriculture Commissioner Wes Ward discovered that Risever Machinery LLC in Craighead County and Jones Digital LLC near the City of DeWitt could have ties to China, according to Sanders.

Act 636, signed into law this August, prohibits foreign-controlled businesses from acquiring private or public land in Arkansas.

Jones Digital is a crypto mining organization located near Dewitt., Ward said in a letter to Attorney General Tim Griffin.

“A review of Jones Digital’s ownership indicates that the entity may have significant ties to China,” Ward said. “Further, it is believed that the individuals or entities involved in the ownership of Jones Digital LLC may also have significant ownership interest in other digital asset or crypto-mining operations in other parts of the state under different names.”

- Advertisement -

An attorney for Jones Digital told The Center Square the company was surprised by the announcement.

“Jones Digital chose to do business in Arkansas because of its reputation as a state that supported small businesses like Jones Digital,” said Alexander T. Jones, the attorney representing the company. Jones Digital will continue to stand up for its right to do business in Arkansas and defend itself against inaccurate information and misrepresentations now and in the future.”

Ward said his review of Risever Machinery indicates the company may have “significant ties” to China.

A representative from Risever Machinery did not return a message from The Center Square seeking comment.

Ward sent the information to Griffin for an investigation.

“China is a hostile foreign adversary and under my administration, we will follow the law and not allow companies controlled by the Chinese Communist Party to buy up and exploit Arkansas land,” Sanders said.

- Advertisement -

In October, the state ordered Syngenta to divest itself from 160 acres of land in Craighead County. The company was also fined $280,000, which was paid, according to Griffin’s office.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Cyber charter school money management under scrutiny

(The Center Square) – Cyber charter schools collect millions...

Voting rights groups sue to stop Ohio’s new voter registration laws

(The Center Square) – Several voting rights groups sued...

Regulatory vines strangle North Carolina housing market

(The Center Square) – For North Carolina residents struggling...

New York GOP asks Supreme Court to intervene in redistricting fight

(The Center Square) — New York Republicans are asking...

Ayotte disputes ICE claims about detention facility

(The Center Square) — New Hampshire Gov Kelly Ayotte...

Wade a no-show at Senate committee investigating Trump prosecution

(The Center Square) – Members of a subcommittee of...

Transportation drives Tennessee’s infrastructure needs

(The Center Square) – An inventory of Tennessee's infrastructure...

Attorney: Arizona judge abortion ruling shows ballot impact

(The Center Square) - A judge’s recent decision overturning...

More like this
Related

Cyber charter school money management under scrutiny

(The Center Square) – Cyber charter schools collect millions...

Voting rights groups sue to stop Ohio’s new voter registration laws

(The Center Square) – Several voting rights groups sued...

Regulatory vines strangle North Carolina housing market

(The Center Square) – For North Carolina residents struggling...

New York GOP asks Supreme Court to intervene in redistricting fight

(The Center Square) — New York Republicans are asking...