Published: Fri, March 02, 2018
Global | By Craig Ferguson

Banks asked for Kushner info

Banks asked for Kushner info

Kushner met multiple times with Apollo Global Management chief Joshua Harris.

Christine Taylor, a spokeswoman for Kushner Cos., said the company has not received a copy of the letter from the DFS.

It was one of the largest loans Kushner Cos. received a year ago.

Sources within the White House described Kushner as "naïve and being tricked", particularly when he took meetings with foreign officials without a more experienced staff on his side.

But Kushner Companies' spokeswoman said they'd received no letter from the state and called the inquiries "harassment exclusively for political reasons". The agency is also requesting descriptions on how the banks processed Kushner's loans and whether the banks did any internal review of the Kushners and their companies, the person said.

In the last week a number of White House officials - including Jared Kushner, Donald Trump's son-in-law - have seen their "top secret" intelligence access revoked. At the time, the spokeswoman for Kushner Cos. said the firm "has cooperated and will continue to cooperate with any reasonable request for information".

Jared Kushner's family real estate business secured two bog loans after a White House meeting with bank executives. Mirijanian did acknowledge that Kushner had indeed met with "hundreds of business people" in the course of his official work.

The Washington Post reported on Tuesday that USA officials had intercepted conversations among officials from at least four foreign governments - China, the United Arab Emirates (UAE), Mexico and Israel - about using business opportunities to seek leverage over Mr Kushner.

These investigations all appear to be separate from that of special counsel Robert Mueller, who is investigating possible collusion between the Trump campaign and Russian Federation during the 2016 election.

Mueller learned that Kushner directed a campaign to combat the Obama administration's eleventh-hour effort in December 2016 to pass an anti-settlement resolution through the UN Security Council. Kushner's firm has sought investments from the Chinese insurer Anbang and from the former prime minister of Qatar.

And Kushner has had major dealings with some of the nation's wealthiest investors, including Beny Steinmetz, who is the subject of a bribery investigation. The loan was used to refinance a Chicago skyscraper that is the Midwest headquarters for AT&T.

News of federal inquiries concerning Kushner Cos. has emerged in recent months, including by prosecutors at the USA attorney's office in Brooklyn and by the Securities and Exchange Commission, The Wall Street Journal has reported.

"We don't know what happened beyond those meetings... and Apollo and other private equity firms are looking to create serious businesses on, figuring out ways to make money from the infrastructure plan", he said.

Federal ethics regulations restrict government employees from participating in some matters that involve companies with which the official is seeking "a business, contractual or other financial relationship that involves other than a routine consumer transaction". And its executives, including Mr. Harris, had tens of millions of dollars personally at stake in the tax overhaul that was making its way through Washington previous year.

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