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Trump organisation defends Boulos amid net worth controversy

By Guardian Editor
22 December 2024   |   7:48 am
The Trump-Vance Transition Team has backed Nigeria-based Massad Boulos, the Managing Director of SCOA Nigeria Plc, who was selected by United States President-elect, Donald Trump, to be his senior adviser on Arab and Middle-East Affairs, dismissing media attacks on him. Boulos has faced criticism following his selection by Trump. The SCOA managing director has been…
Massad Boulos and Trump

The Trump-Vance Transition Team has backed Nigeria-based Massad Boulos, the Managing Director of SCOA Nigeria Plc, who was selected by United States President-elect, Donald Trump, to be his senior adviser on Arab and Middle-East Affairs, dismissing media attacks on him.

Boulos has faced criticism following his selection by Trump. The SCOA managing director has been tagged as a truck salesman, among other things, on account of his role as head of SCOA Nigeria.

However, a statement issued by the spokeswoman for Trump-Vance Transition, Karoline Leavitt, on Friday alleged that “The Fake News is falsely attacking Mr. Boulos and his family’s long history of running successful companies as part of their mission to derail President Trump’s agenda and exceptional team.”

Leavitt described Boulos, who is also Trump’s daughter’s father-in-law, as a highly respected businessman who has proudly served as the CEO of some of his family’s group of companies based in West Africa for more than 27 years, adding that his family has employed tens of thousands of people around the globe.

READ ALSOCelebrating the Legacy of Mr. Massad Boulos’s Leadership at SCOA Nigeria PLC

Leavitt added that Boulos has degrees in both business and law and listed SCOA Nigeria PLC, a member of the FADOUL Group and a well-known conglomerate that exclusively represented numerous global brands for decades, as part of the Boulos family group companies that have been very successful in the Nigerian market, providing high-end products and specialised services to the largest companies in the country.

“SCOA is also part of the Fadoul Group, which is one of the largest privately owned family businesses in West and Central Africa, with a presence in 10 different countries since its founding in 1966,” the statement said.

“The FADOUL Group employs more than 20,000 hardworking people, and the Boulos and Fadoul family companies have developed into a family group with over $1 billion in value and hundreds of millions in assets.”

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