- Feb 2, 2009
- Reaction score
A real estate company part-owned by Jared Kushner has received $90m in foreign funding from an opaque offshore vehicle since he entered the White House as a senior adviser to his father-in-law Donald Trump.
Investment has flowed from overseas to the company, Cadre, while Kushner works as an international envoy for the US, according to corporate filings and interviews. The money came through a vehicle run by Goldman Sachs in the Cayman Islands, a tax haven that guarantees corporate secrecy.
Kushner, who is married to Trump’s elder daughter Ivanka, kept a stake in Cadre after joining the administration, while selling other assets. His holding is now valued at up to $50m, according to his financial disclosure documents.
Cadre’s foreign funding could create hidden conflicts of interest for Kushner as he performs his work for the US government, according to some ethics experts, who raised concerns over the lack of transparency around the investments.
“It will cause people to wonder whether he is being improperly influenced,” said Jessica Tillipman, a lecturer at George Washington University law school, who teaches government ethics and anti-corruption laws.
Kushner was initially denied a security clearance by career officials when he joined Trump’s administration. A whistleblower has told Congress it was blocked due to concerns about Kushner’s outside business interests and “foreign influence”. Kushner was later granted a clearance, allegedly after a Trump appointee intervened.
Sweep it under the rug, deuce. Your post dismissing it says it all. And you eat up all the beej, KFC, and CRG posts/links/sources without blinking. You wonder why you've been pegged as a hardcore righty? It's pretty obvious.Oh I'm still critical of it, I just don't trust the the reporting of an activist journalist from the Guardian who retweets AOC, just like you don't trust articles from the Daily Caller. I wouldn't at all be surprised to find key details missing.