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Kushner business secured loans from bank bigs after White House meetings
02 March 2018, 03:07 | Floyd Cook
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According to the report, Joshua Harris, the founder of Apollo Management - whose loan refinanced the mortgage on Kushner's Chicago skyscraper - who was advising Trump administration on infrastructure policy, also met with Jared Kushner previous year. The pair also discussed a White House job for Harris that never materialized.
If the Kushners have nothing to hide, they certainly don't act like it; on February 9, Kushner Cos. filed a motion in federal court for a new venue for its Maryland apartment complex case in an attempt to avoid revealing the identities of the project's investors. The loan was to refinance the mortgage on a Chicago skyscraper. Following the meeting Apollo, which is the world's largest private equity firm, lent $184 million to Kushner's family real estate firm, Kushner Companies.
Kushner reportedly received a $325 million loan from Citigroup.
The report didn't say what the new information about Kushner was.
According to the Washington Post, officials from at least four countries have "privately discussed ways they can manipulate Jared Kushner".
Kushner reportedly met with top officials from both companies in the months leading up to those loans.
Perhaps if Kushner weren't so politically motivated himself, he wouldn't have to worry about having his potential conflicts of interest scrutinized.
A spokesman for Kushner's lawyer didn't deny the meetings when contacted by The Times.
Abbe Lowell, Kushner's attorney, said in a statement that the delay is not uncommon. "Stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved", spokeswoman Christine Taylor said.
Apollo spokesman Charles Zehren told the paper Harris was not involved in the decision to loan money to Kushner Cos. He said the loan "went through the firm's standard approval process".
Jared Kushner's family real estate business secured two bog loans after a White House meeting with bank executives.
Often seen by Mr Trump's side during key moments of global diplomacy and presidential announcements during much of 2017, Mr Kushner accompanied Mr Trump on trips to Asia, the Middle East and Europe, meeting with officials in each place. Kushner steers US policy in the Middle East, for example, but his family company continues to do deals with Israeli investors.
Kushner's interim "top secret/sensitive compartmented information" clearance has been downgraded to "secret", a White House official told the Post.
It also comes as special counsel Robert MuellerRobert Swan MuellerSasse: US should applaud choice of Mueller to lead Russia probe MORE probes alleged ties between the Trump campaign and Russian election meddling, including Kushner's role in the campaign. Kushner's firm has sought investments from the Chinese insurer Anbang and from the former prime minister of Qatar.
"It makes an already hard situation all the more hard", said Mr Aaron David Miller, a former State Department Middle East negotiator and now a vice-president at the Woodrow Wilson International Centre for Scholars.
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