Wednesday, June 28, 2023

REPORT: SAUDI ARABIA CONCLUDED JARED KUSHNER’S INVESTMENT FIRM WAS A JOKE, GAVE HIM $2 BILLION ANYWAY

 https://www.vanityfair.com/news/2022/04/jared-kushner-saudi-arabia-2-billion-investment

On Sunday, The New York Times reported that just six months after leaving the White House, the former first son-in-law’s newly formed private equity firm, Affinity Partners, was awarded a $2 billion investment from Saudi Arabia’s sovereign wealth fund, which is led by MBS. That the kingdom would fork over that kind of cash to Kushner is obviously ridiculously shady and, as Nick Penniman, the founder and chief executive of good-government organization Issue One, told The Times, “swampy and seemingly hypocritical.” But the cash alone is not even the funniest part, and by funniest we mean insanely unethical and wildly corrupt. No, the unethical and corrupt part is that the people who perform due diligence for the Saudis’ Public Investment Fund concluded Kushner’s firm was a joke and that he might make them look bad…and then the board, headed by MBS, gave him the money anyway. Because…y’know.

No comments :

Post a Comment

ANONYMOUS COMMENTS WILL NOT BE POSTED!
please use either your real name or a pseudonym.