Republicans talk about President Biden’s son Hunter Biden?
That while Jared Kushner is doing hundred’s of millions ofdollars in business with Middle East countries….
Wealth funds in the United Arab Emirates and Qatar have invested hundreds of millions of dollars with Jared Kushner’s private equity firm, according to people with knowledge of the transactions, joining Saudi Arabia in backing the venture launched by former President Donald J. Trump’s son-in-law as he left the White House.
The infusion of money from interests in the two rival Persian Gulf monarchies reflects the continued efforts by Mr. Trump and his aides and allies to profit from the close ties they built to the Arab world during his presidency and the desire of leaders in the region to remain on good terms with Mr. Kushner as his father-in-law seeks the presidency again.
The Emiratis invested more than $200 million with Mr. Kushner’s firm, Affinity Partners, two people told about the transactions said. The U.A.E.’s embassy in Washington declined to comment. A Qatari entity invested a similar sum, according to two people with knowledge of that deal. A spokesman for the Qatari embassy in Washington declined to comment….
The Times previously reported that Qatari officials feared they would face unfavorable treatment if they turned down Mr. Kushner’s invitation to invest and Mr. Trump returned to power.
It is not unusual for insiders from both parties to benefit financially from deals abroad after leaving government service, particularly in the Middle East. There is a long history of firms populated by former officials from Democratic administrations signing lucrative contracts with Gulf nations, and there are few laws or ethics guidelines prohibiting it.
But the scale of the investments Mr. Kushner’s venture has received from the Gulf countries — in the range of $2.5 billion — and the timing, coming relatively soon after his leaving the White House, are striking and have drawn criticism from Democrats and ethics experts….
Leave a Reply
You must be logged in to post a comment.