Jared Kushner's family-run real estate company tried to seek Qatari government financing for its troubled New York City property a month before Kushner backed a blockade on the Gulf kingdom, The Intercept reported on Friday.
Related: Jared Kushner can broker peace between Israel and Palestinians because of real estate experience, Netanyahu says
Kushner Cos. directly solicited investment from Qatari Finance Minister Ali Sherif al-Emadi for its 666 Fifth Avenue luxury tower in April 2017, two sources in the finance industry told The Intercept. No deal came of it.
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Kushner Cos. spokeswoman Chris Taylor denied such brokering attempts occurred. “To be clear, we did not meet with anyone from the Qatari government to solicit sovereign funds for any of our projects,” Taylor told Newsweek in an email. “To suggest otherwise is inaccurate and false.”
The following month, Kushner and the White House supported a blockade of Qatar organized by Saudi Arabia and the United Arab Emirates. Due to the crisis, alliances in the region have shifted, with Qatar—which holds the largest U.S. military base in the Middle East—aligning more closely with Iran and Turkey.
In June, Secretary of State Rex Tillerson sought a “calm and thoughtful dialogue” to bring resolution to the clash between Qatar and its neighbors. But President Donald Trump echoed Saudi talking points and called Qatar a “funder of terror at a very high level,” The New York Times reported.
Kushner resigned as CEO of Kushner Cos. when he joined the White House and left his father, Charles Kushner, to run the business. It was Charles Kushner who met with al-Emadi, along with their aides, at a St. Regis New York hotel suite in April, according to The Intercept. The meeting ran for half an hour, and they discussed the potential investment. Conversations continued the next day at a conference room at 666 Fifth Avenue, but al-Emadi was not present, The Intercept said.
The report concerning Qatar adds to controversy surrounding Kushner’s government work, business dealings and any conflicts between them.
Officials from the United Arab Emirates, China, Israel and Mexico have privately talked about how they could use Kushner’s lack of foreign policy experience and business interests as leverage, The Washington Post reported on Tuesday.
trixieblue82 on March 3rd, 2018 at 17:42 UTC »
Kushner looks like the douchbag you meet the first day of a new job who is scoping you out to determine how he can screw you over.
theculture on March 3rd, 2018 at 17:35 UTC »
So lets assume that:
The reasons for not getting financing were understood and accepted by Kushner and that he thought no more of it. The reasons he supported the blockade were on their own merits from information placed in front of him.Everyone else, including the Qatar government, is going to see a huge conflict of interest which is why previous politicians in the white house cut all ties with their existing businesses!!! It's incredibly naive.
perestroika12 on March 3rd, 2018 at 17:23 UTC »
The more that comes out the more confused I am...did he not think people wouldn't look into this? Being in the political sphere isn't like running your little shady real estate company, your every move is watched and investigated.