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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJared Kushner in talks with Saudi Arabia to receive $2bn for investment firm: Report
Who is surprised by this?
Link to tweet
Jared Kushner, former White House adviser and son-in-law of former US President Donald Trump, is reportedly in talks to receive upwards of $2bn from Saudi Arabia for his private equity firm, according to the journalism studio Project Brazen.
The studio, founded by former Wall Street Journal reporters, reported that the money will come from Riyadh's Public Investment Fund (PIF), which is chaired by Saudi Crown Prince Mohammed bin Salman, and the fund for the equity firm could eventually reach up to $5bn. However, the target size is unclear.
Sources told the reporters that Kushner has been debating how to limit the impact of having Saudi Arabia as a key investor in the new investment firm.,,,,,
Kushner has developed a close relationship with several senior figures throughout the Middle East including bin Salman, also known by his initials MBS, with who he has been engaging for years through emails, text messages, and other forms of contact, according to a report by The New York Times.
During his time in the Trump administration, the Saudi royal family gifted him two swords and a dagger worth nearly $48,000, which he ended up paying the US government for after leaving office.
The studio, founded by former Wall Street Journal reporters, reported that the money will come from Riyadh's Public Investment Fund (PIF), which is chaired by Saudi Crown Prince Mohammed bin Salman, and the fund for the equity firm could eventually reach up to $5bn. However, the target size is unclear.
Sources told the reporters that Kushner has been debating how to limit the impact of having Saudi Arabia as a key investor in the new investment firm.,,,,,
Kushner has developed a close relationship with several senior figures throughout the Middle East including bin Salman, also known by his initials MBS, with who he has been engaging for years through emails, text messages, and other forms of contact, according to a report by The New York Times.
During his time in the Trump administration, the Saudi royal family gifted him two swords and a dagger worth nearly $48,000, which he ended up paying the US government for after leaving office.
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Jared Kushner in talks with Saudi Arabia to receive $2bn for investment firm: Report (Original Post)
LetMyPeopleVote
Oct 2021
OP
I hope that the powers that be are rechecking the small print on the contract.
flying_wahini
Oct 2021
#1
flying_wahini
(6,578 posts)1. I hope that the powers that be are rechecking the small print on the contract.
Kushner is a lying weasle and should be in prison. Im sure whatever he makes will be misreported to the IRS and buried in a chest on some deserted island. (Like the Seychelles).
secondwind
(16,903 posts)2. MBS, a cold blooded murderer, and Kushner is his pal.
This makes me physically sick. Anything for money
..
Skittles
(153,111 posts)3. LOL
and they whine about Hunter Biden
Demovictory9
(32,421 posts)4. yep.. non stop
UTUSN
(70,642 posts)5. MBS doesn't know the rat family ain't in power any more?!
Irish_Dem
(46,491 posts)6. It is either payment for services rendered or Kushner is still of use to them in some way.
11 Bravo
(23,926 posts)7. Yeah, but Hunter Biden sold a painting!
maxrandb
(15,295 posts)8. If we ever really wanted to get serious about improving the world
We'd divest ourselves of everything Saudi Arabia.
Other than oil, can someone tell me why we would have anything to do with a 1ST Century Monarchy?
It would be like having cancer, but since cancer gives you candy, you decide to "compromise" with cancer.
sarcasmo
(23,968 posts)9. The grift never ends.
Retrograde
(10,128 posts)10. Makes me wonder what he was actually negotiating
during all those trips to the Middle East. Hatch Act violations, anyone? Or something worse - I doubt MBS gives away anything without expecting a handsome payout in return.