Saudis Invest $2 Billion with Jared Kushner, Trump’s Son-in-Law

Kushner + MBS, Youtube
Under the direction of Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) who controls the country’s sovereign wealth fund, $2 billion was invested with Jared Kushner’s new private equity six months after he left the White House as a senior adviser to his father-in-law, former President Trump. The Saudi fund’s investment screening committee expressed serious misgivings against Kushner as due diligence found his firm’s operations “unsatisfactory in all aspects.” The deal creates the appearance of potential payback for Mr. Kushner’s actions in the White House, or of a bid for future favor. Kushner helped negotiate a controversial agreement for Saudi Arabia to buy billions of dollars worth of American weapons while the nation was bombing civilians in Yemen. In addition, Kushner defended Crown Prince Mohammed after the murder and dismemberment of journalist Jamal Khashoggi. Democrats want to drop inquiries on Hunter Biden’s laptop and instead focus on Kushner.

A fund led by the Saudi crown prince contributed over $2 billion to Jared Kushner’s new $2.5 billion investment fund in the wake of cozy ties with the Trump administration, The New York Times reported Sunday.

Saudi Arabia’s $620 billion Public Investment Fund made the move despite serious concerns about risks investing in Kushner’s fledgling Affinity Partners investment organization, which he set up last year, according to the Times. Before father-in-law Donald Trump brought him on as a White House senior adviser, Kushner worked as a real estate developer, not an investment fund manager.

Kushner secured the money six months after leaving the White House. But the Saudi panel that supervises investments for the sovereign wealth fund expressed significant concerns about a number of issues, including the “inexperience of the Affinity Partners management” and other “unsatisfactory” aspects of the new company, according to documents obtained by the Times.

The panel was overruled by de facto Saudi leader, Crown Prince Mohammed bin Salman, friend of Kushner and recipient of significant Trump administration benefits.

The lucrative money ties between the Saudis and Kushner raise serious ethics issues, particularly if Trump becomes president again, but there’s nothing illegal about the relationship.

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Trump developed close bonds with the Saudi leadership during his administration while Kushner continued to cultivate a friendship with the crown prince.

Kushner arranged for Trump to make his first trip abroad to a summit in the Saudi capital of Riyadh. Kushner also helped negotiate a hugely controversial agreement for Saudi Arabia to buy billions of dollars worth of American weapons while the nation was bombing civilians in Yemen.

Trump defended bin Salman after the murder and dismemberment of Saudi Washington Post journalist Jamal Khashoggi in the Saudi consulate in Istanbul in 2018.

Trump suggested “rogue killers” could have been involved in Khashoggi’s death, and never condemned the crown prince —

Read full article here…

The Week:     https://news.yahoo.com/jared-kushners-firm-got-2-061606157.html

Business Insider:    https://www.msn.com/en-us/news/politics/jared-kushners-pe-firm-secured-dollar2-billion-from-saudi-arabia-despite-objections-he-was-too-inexperienced-to-manage-the-money-report-says/ar-AAW4ZwR

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Janet
Janet
2 years ago

Same old same old. You know maybe its not about the office of pResident but more about what deals can be made to sell out the country and its people by the idiot and chief directly or their demon spawn. All have deviate, perverted, ego maniacal greedy self serving tendencies. Remember when tRUMP was gassing on about sanctions on China while his feckless daughter Ivanka was making deals with them?? I am not picking on tRUMP but thats the last one I remember because left or right its just two wings of the same bird.

Milton Farrow
Milton Farrow
2 years ago

Ethics breaches have occurred all thru the past 100 years of presidential prominence-there is nothing new here to see- if we examine the “financial meanderings of Hunter Biden and his corrupt father ‘UNCLE JOE” everything
else will appear deminimous

Fastt Ed
Fastt Ed
2 years ago

I have always questioned the move of making HIM a “senior advisor.” Many others were far more qualified. Don’t much matter now. The ( D ) communists are in the white house.

Jim
Jim
2 years ago

This is good to know. I’m pro Trump, with some exceptions and questions. (ie: Why isn’t he addressing the ubiquitous weather modification that is destroying our agriculture?).

james Gortner
james Gortner
2 years ago

Money walks and talks. Swamps is fathom s deep.

Philip
Philip
2 years ago

And Ivanka is a World Economic Forum Young Leaders graduate. Her father didn’t know this? And he didn’t know of a deal with the Saudis and his son-in-law? I’m sure there is much more that could be exposed. Not any difference who is in power. Lots of smoke and mirrors. Lots of play acting and media control, including controlled opposition.