A real estate firm owned in part by Jared Kushner reportedly received $90 million in foreign funding from “an opaque offshore vehicle” after the son-in-law of President Donald Trump began working as a senior adviser at the White House.The company in question, Cadre, has received overseas investments while Kushner “through a vehicle run by Goldman Sachs in the Cayman Islands,” according to the Guardian. Although Kushner sold other assets after beginning his employment at the White House, financial disclosures indicate that he maintained his stake in Cadre, which is now worth as much as $50 million.Because much is unknown about the nature of who has been investing in Cadre, experts have raised concerns that Kushner’s interest in the company could interfere with his ability to impartially represent America’s best interests in geopolitical situations. During his time in the White House, Kushner has taken a lead on foreign policy initiatives, including a well-publicized attempt to broker peace in the Middle East.
“The conflicts that have swirled around Jared Kushner have only grown more distressing with time,” Harvard Law School professor Laurence Tribe told Salon by email.
“Besides being the president’s son-in-law, he is a scion of a family, whose wealth is intertwined with Jared’s many roles in the Trump administration, roles that have put him virtually in bed with, among other bloody despots, Saudi Crown Prince MBS, with whom Jared hobnobbed right after MBS sent a team of thugs to brutally torture, murder and dismember a Washington Post critic of the Saudi regime. It would take a long time to enumerate the conflicts we know about. Those we don’t yet know about are neatly hidden away in the Cadre company, in which Kushner apparently has holdings valued at as much as $50 million.”
View the complete June 11 article by Matthew Rozsa from Salon on the AlterNet website here.