The Damage Report
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Jared Kushner Finally CORNERED By Suspicious Foreign Investment Paper Trail
Posted
April 9, 2024
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7:19Now PlayingDonald Trump's son-in-law, Jared Kushner, finally gets exposed over his suspicious foreign business dealings, revealing how he is investing his Saudi-financed funds in a New York Times report. John Iadarola and Yasmin Kahn break it down on The Damage Report.
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As Kushner’s Investment Firm Steps Out, the Potential Conflicts Are Growing
"Jared Kushner’s investment fund is not especially large by global finance standards. But as he gets it fully up and running, each step is bringing with it ethical issues that would only grow if his father-in-law, Donald J. Trump, should win another term as president.
His $3 billion fund is financed almost entirely from overseas investors with whom he worked when he served as a senior adviser in the Trump White House. He has taken money from government wealth funds in Saudi Arabia, Qatar and the United Arab Emirates, as well as from Terry Gou, a founder of Foxconn, the Taiwan-based electronics manufacturer, whose role in Mr. Kushner’s firm has not been previously disclosed.
In total, 99 percent of the money placed with him by investors has come from foreign sources, according to a filing with the Securities and Exchange Commission in late March."
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