April 13, 2022
Under the direction of Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) who controls the country’s sovereign wealth fund, $2 billion was invested with Jared Kushner’s new private equity six months after he left the White House as a senior adviser to his father-in-law, former President Trump. The Saudi fund’s investment screening committee expressed serious misgivings against Kushner as due diligence found his firm’s operations “unsatisfactory in all aspects.” The deal creates the appearance of potential payback for Mr. Kushner’s actions in the White House, or of a bid for future favor. Kushner helped negotiate a controversial agreement for Saudi Arabia to buy billions of dollars worth of American weapons while the nation was bombing civilians in Yemen. In addition, Kushner defended Crown Prince Mohammed after the murder and dismemberment of journalist Jamal Khashoggi. Democrats want to drop inquiries on Hunter Biden’s laptop and instead focus on Kushner.
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