nsucurrent.com March 17, 2018

Kushner Business Reportedly Got Big Loans After White House Meetings

02 March 2018, 03:05 | Colleen Roy

Kushner's Israeli business ties examined amid loss of security clearance

Mr Kushner a wealthy New York businessman married to Trump's daughter Ivanka has not received his full security clearance because of his extensive financial links which have taken a long time to examine

New York's state banking regulator asked Deutsche Bank AG (DBKGn.DE) and two other lenders for information on their relationships with U.S. President Donald Trump's son-in-law and White House senior adviser Jared Kushner and his family's real estate company, a person familiar with the matter told Reuters.

"So that loan, $184 million, after these meetings at the White Wouse between the Apollo guy and Jared Kushner...they talk among other things about a potential job at the White House for the Apollo guy", Maddow noted.

The New York Times reported on Wednesday that the private equity firm Apollo Global Management and Citigroup Inc (C.N) extended loans totaling more than half a billion dollars to Kushner Cos previous year after their officials held separate meetings with Kushner.

If the Kushners have nothing to hide, they certainly don't act like it; on February 9, Kushner Cos. filed a motion in federal court for a new venue for its Maryland apartment complex case in an attempt to avoid revealing the identities of the project's investors.

The money was loaned to the Kushner group in the spring of 2017, shortly after Corbat met with Kushner at the White House.

"Prior to our CEO voluntarily resigning to serve our country, we never had any type of inquiries", Ms. Taylor said. He was among the Trump campaign members involved in a controversial July 2016 Trump Tower meeting with a Russian lawyer who emails suggested promised damaging information on Hillary Clinton. "These types of inquiries appear to be harassment exclusively for political reasons".

Still, the Times' report is the latest in a series of worrying claims about the Trump family profiting from the presidency, which has sparked concern both inside and outside the White House.

Abbe Lowell, Kushner's attorney, said in a statement that the delay is not uncommon.

The requests come amid uncertainty over Kushner's role in the White House, and represent only the most recent scrutiny over his business practices, according to reports. "Stories like these attempt to make insinuating connections that do not exist to disparage the financial institutions and companies involved", she said.

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.

Apollo defended its move in extending the loan to Kushner to the New York Times.

Kushner and his wife Ivanka Trump, the president's daughter, work in the West Wing but choose not to take a salary.

More than 30 White House staffers have been downgraded from their top-secret intelligence clearances, according to a Bloomberg report on Wednesday.

The couple sold off some of their assets before starting their White House jobs a year ago, but Kushner still has stake in hundreds of companies.

He said Kushner "has taken no part of any business, loans or projects with or for" Kushner Cos. since joining the White House and he has followed ethics advice.

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