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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJared Kushner's private equity firm concealed the origins of Saudi-backed funds and used the SEC's o
own rules to help them do it, report saysImmediately after leaving the White House, former Senior Adviser Jared Kushner created a company that would eventually become a private equity firm with ties to Saudi Crown Prince Mohammed bin Salman.
But because of SEC rules on reporting assets from investors of private equity funds, Kushner was able to legally conceal the identity of his investors and list them only as "non-United States persons" according to a new report from the Washington Post.
The New York Times reported in April 2022 that Kushner who worked on Middle East policy under former President Donald Trump was able to secure over $2.5 billion in funds for his company Affinity Partners.
Kushner also reportedly tried to leverage his relationship with other Middle Eastern countries like the United Arab Emirates to secure funds for his firm, but this came with little success.
https://www.msn.com/en-us/money/other/jared-kushner-s-private-equity-firm-concealed-the-origins-of-saudi-backed-funds-and-used-the-sec-s-own-rules-to-help-them-do-it-report-says/ar-AA17pwYC
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Jared Kushner's private equity firm concealed the origins of Saudi-backed funds and used the SEC's o (Original Post)
Yo_Mama_Been_Loggin
Feb 2023
OP
Thomas Hurt
(13,903 posts)1. Middle East Policy....influence peddling, self dealing and graft.
Ocelot II
(115,858 posts)2. Why am I not surprised?
Sancho
(9,070 posts)3. Amazing that they get away with this...
Irish_Dem
(47,423 posts)4. We have found out that "equal justice under the law" is totally meaningless.
bluestarone
(17,043 posts)5. Big kick
Ureal
msfiddlestix
(7,286 posts)6. It breaks my heart this story isn't the biggest outrage in the media
and that the "masses" either don't know, or don't give a shite about it.
Yo_Mama_Been_Loggin
(108,212 posts)7. Most don't because the media rarely brings the story up
Several articles on MSN today were about Hunter Biden.