After helping prince's rise, Trump and Kushner benefit from Saudi funds

[Uncle Joe]

February 11, 2023 at 9:58 p.m. EST

An investment fund overseen by Crown Prince Mohammed bin Salman is backing ventures that profit the former president and his senior adviser, raising questions of conflict.

President Donald Trump meets with Mohammed bin Salman, then Saudi Arabia's deputy crown prince, in the White House in 2017 as White House senior adviser Jared Kushner, right, listens. (Jabin Botsford/The Washington Post)

(snip)

They also underscore the crucial nature of Trump’s admission that he “saved” Mohammed in the wake of the CIA’s finding that the crown prince ordered the killing or capture of Post contributing opinion columnist Jamal Khashoggi.

Now, with Trump running for president again, some national security experts and two former White House officials say they have concerns that Trump and Kushner used their offices to set themselves up to profit from their relationship with the Saudis after the administration ended.

(snip)

“I didn’t really know what Jared was doing with the Saudis,” one former administration official said. “That was part of the problem. We didn’t know what Jared was doing generally. And, you know, other governments had decided that you want to get close to Trump, the way to do it is through Jared.”

(snip)

Kushner’s company, which is staffed by a number of former top administration officials, has so far allocated only about 15 percent of its available cash — a strategic move as it waits for the economy to improve, according to a person familiar with the matter who spoke on the condition of anonymity to discuss internal business decisions.

(snip)

https://www.washingtonpost.com/politics/2023/02/12/after-helping-princes-rise-trump-kushner-benefit-saudi-funds/





Fri, Sep 8, 20233 min read

Jared Kushner's Post-White House $2 Billion Saudi Investment Sparked Ethical Debate and Saudi Skepticism Due to 'Inexperience' and 'Public Relations Risks'

Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal.

A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the investment risk, unsatisfactory due diligence on the firm’s operations, an excessive asset management fee, and public relations risks due to Kushner’s previous role as a senior adviser to President Trump.

(snip)

Kushner’s close ties to the Saudi crown prince, including his defense of him after the Khashoggi murder, have also drawn attention. Interestingly, the Saudi fund invested twice as much with Kushner compared to former Treasury Secretary Steven Mnuchin, even though Mnuchin had a successful investment record before entering government.

(snip)

This week it was announced that Affinity Partners is making its first investment in Israel by acquiring a $150 million minority stake in an Israeli car company. In this transaction, Affinity will purchase a 15% stake in the car and credit division of S Shlomo Holdings Ltd, a closely held Israeli company. The investment was disclosed in a filing on September 6th.

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https://finance.yahoo.com/news/jared-kushners-post-white-house-211939446.html



(snip)

Shlomo Real Estate

Shlomo Nadlan, owns 500,000 sqm. of properties in Israel and Western Europe, it was established in 2007 and specializes in real estate activities. Shlomo Real Estate core business is improving assets, including hotels and commercial properties.[18] The company acquire properties and improve them through renovation, locating suitable tenants, etc. Some of the properties are sold and some are used for rental purposes. The value of the company's asset portfolio amounts at ILS 2 billion and shareholders' equity is estimated at NIS 600 million.

(snip)

https://en.wikipedia.org/wiki/Shlomo_Group



One thing is for certain about Gaza, it's going to require a lot of real estate rehab.

[global1]

1. I'll Ask Again - What Was Tr**p's Cut Of The $2 Billion?......

You can't believe that Tr**p let Jarad get all that money without a cut of those dollars for him. After all - Tr**p was the reason that Jarad was in the position to get that money.

It's not Tr**p - if he didn't get his taste of that dough.

[Uncle Joe]

2. It took Kushner to convince *rump to make the video on January 6th,

so I believe he had outsized influence on what transpired during *rump's reign particularly in regards to foreign policy.

Edit to add, I don't believe that it's just financial advantage or payback that we would should be concerned about, but political favor as well.

[Submariner]

3. The 9/11 families might want to see

the famillies 0f the 15 Saudi suicide pilots interrogated at GITMO first, before locking into a $2 billion Saudi murder-washing venture.

[Rhiannon12866]

4. K&R. When is the investigation into Jared's malfeasance that Jamie Raskin announced going to start??

[Uncle Joe]

5. It can't be soon enough as far as I'm concerned Rhiannon.

There is too much smoke for there not to be a fire.

[Rhiannon12866]

6. And it's long past time that Jared's suspicious alliances were investigated, especially considering Khashoggi's murder

[Uncle Joe]

7. ...