Jared Kushner Saudi Money Business Dealings Under Scrutiny

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Jared Kushner's business dealings with Saudi Arabia have been under intense scrutiny in recent years. The amount of Saudi money invested in Kushner's real estate company, Cadre, is estimated to be around $60 million.

As a key advisor to President Trump, Kushner's close ties to the Saudi government have raised concerns about potential conflicts of interest. His family's business dealings with the Saudis have been criticized for prioritizing profits over national security.

Kushner's role in the Trump administration's efforts to normalize relations with Saudi Arabia has been closely watched. Critics argue that his family's financial interests in the country have influenced his policy decisions.

The scrutiny surrounding Kushner's business dealings with Saudi Arabia has led to calls for greater transparency and oversight.

Kushner's Conflict of Interest

Kushner's actions as an unregistered foreign agent of Saudi Arabia raise significant concerns about his conflict of interest.

The Senate Finance Committee has suggested that Kushner's behavior may be illegal, citing evidence that he has acted as an unregistered foreign agent of the Kingdom of Saudi Arabia.

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Kushner's admission that he attracts investors by stressing his geopolitical connections and problem-solving abilities suggests that he is playing a role similar to an unregistered foreign agent.

The Foreign Agents Registration Act (FARA) requires anyone acting as an agent of a foreign government in the US to register with the federal government.

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Kushner's $2 Billion

Jared Kushner, Trump's son-in-law and advisor, has a significant financial stake in a real estate venture that stands to gain from his father-in-law's policies.

The Kushner Companies, founded by Jared's father Charles, have a $1.15 billion mortgage on a Manhattan skyscraper, 666 Fifth Avenue.

Kushner's family has a $1.2 billion stake in the building, making it one of the largest property owners in New York City.

The Kushner Companies have been struggling to pay off the mortgage, with a looming deadline to refinance or risk defaulting on the loan.

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What the Law Says

The Foreign Agents Registration Act (FARA) is a law that requires anyone acting as an agent of a foreign government in the United States to register with the federal government.

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FARA's purpose is to ensure that the American public and lawmakers are made aware of foreign efforts to influence U.S. public opinion, political activities, and lobbying through the use of agents in the United States.

Kushner's actions may be in direct conflict with FARA, as the Senate Finance Committee suggests he acted as an unregistered foreign agent of the Kingdom of Saudi Arabia.

DOJ has prosecuted individuals for engaging in political consulting on behalf of a foreign principal without registering under FARA.

Kushner has not registered under FARA, despite his involvement in U.S.-Saudi diplomatic negotiations involving Israel with Saudi Arabia's Crown Prince Mohammed bin Salman.

FARA registration is not just a formality, it's a requirement for anyone acting as an agent of a foreign government in the United States.

Full Transcript

Jared Kushner's financial dealings with Saudi Arabia have been a topic of controversy.

In 2017, Kushner's family real estate company, Kushner Companies, sold a 41.5% stake in its flagship property, 666 Fifth Avenue, to a Saudi Arabian investor, Anbang Insurance Group, for $325 million.

Kushner had previously secured a $1.2 billion loan to purchase the property in 2015, but it was struggling financially.

The sale was facilitated by a close friend of Kushner's, Henry Kravis, who is also a major investor in the property.

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Helen Stokes

Assigning Editor

Helen Stokes is a seasoned Assigning Editor with a passion for storytelling and a keen eye for detail. With a background in journalism, she has honed her skills in researching and assigning articles on a wide range of topics. Her expertise lies in the realm of numismatics, with a particular focus on commemorative coins and Canadian currency.

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