former President Donald Trump’s son in law jared kushner Controversy arose over a $2 billion investment his private-equity fund Affinity Partners received from a Saudi investment fund backed by the crown prince. mohammed bin salman,
Representative Jamie Raskin (D-MD) revealed in a recent media appearance why Democrats did not launch an investigation into the investment when the Democratic Party controlled the Senate in 2020 and 2021.
What happened? Raskin said Kushner’s crimes came to light after Trump left office. “Well, remember, Jared’s essential crime against the constitutional republic happened right after the Trump administration ended,” he said in an interview with MSNBC host Mehdi Hasan, Mediaite reports.
“I think the day after it ended they created a corporation, which they funded with two billion dollars from the suicidal prince of Saudi Arabia and then other sovereign wealth funds from the Gulf kings,” he said.
The congressman’s statement came in response to the host’s reply that the congressman had called the chairman of the House Oversight Committee James Comer ,R-Q) Investigating Kushner’s foreign business deals, particularly with the Saudis.
Raskin said Comer also agreed that Kushner had crossed an “ethical line”.
“All we’re saying is, look, Jared Kushner was actually working in the White House. He was in administration. hunter biden He was never in the Biden administration,” he said.
SEE ALSO: Jamie Raskin signals revelations that Trump collected ‘millions of dollars’ in foreign pay, even as GOP steps up pressure on Hunter Biden.
“We’re trying to figure out what exactly Saudi Arabia got from this arrangement, and what is the nature of the money that’s coming in,” Raskin said. He also said the Trump administration helped Saudi cover up the murder of a Washington Post columnist jamal khashoggi And they were involved with the Middle East nation in the Yemen war.
He added, “But look, we’re going to do a full report on the foreign government emoluments that Donald Trump embezzled and we’re still trying to torture him with information we never got.”
why is it important: The unusual nature of Kushner’s Saudi deal has confused many. Investors and economic analysts steven rattner X, previously shared a chart on Twitter detailing the sources from which Kushner’s Affinity Partners received its assets under management.
The chart showed that about 64.5% of the AUM came from Saudi Arabia, while US investors contributed only a nominal amount of $31 million.
Ratner said, “I’ve been in this business for 40 years. I’ve never seen anyone get two-thirds of their money from a single investor.”
Read Next: How to Invest in Startups
Source: www.benzinga.com
