Investment fund overseen by Crown Prince Mohammed bin Salman backs ventures that benefit former president and his senior adviser, raising questions of conflict.
The day after leaving the White House, Kushner created a company that he transformed months laterby Saudi Crown Prince Mohammed bin Salman. Kushner’s firm structured those fundsa way that it did not have to disclose the source, according to previously unreported details of Securities and Exchange Commission forms reviewed by The Washington Post. His business used a commonly employed strategy that allows many equity firms to avoid transparency about funding sources, experts said.
“Why should Jared be worried about the Middle East?” Bolton said. “It’s a perfectly logical inference was that had something to do with business.”Kushner did not mention his new equity firm or the Saudi investment, and he has not publicly addressed whether he talked to Mohammed during the administration about doing business with him afterward. It is not known whether Kushner discussed business deals with Mohammed while in office.
Those concerns come at a high-stakes moment in the fraught U.S.-Saudi relationship. The investments by the Saudis came as the U.S. State Departmentthat there continued to be “significant human rights issues” in Saudi Arabia, citing “credible reports” of torture and executions for nonviolent offenses.
“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.”U.S. relations with the kingdom, despite Trump’s campaigning by saying that “Islam hates us” and calling for a “Muslim ban” of immigrants, Kushner wrote in his memoir.
Khashoggi, a prominent journalist with ties to the royal family who had called for changes in the kingdom. Shortly after Trump’s election, Mohammed’s aides had ordered him to stop writing critically about the U.S.-Saudi relationship, but he refused and later relocated to the Washington areaIn October 2018, an assassination team that had flown from Riyadh to Istanbul aboard two planes owned by the Public Investment Fund killed Khashoggi inside the Saudi consulate there.
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