A day after reports surfaced of jared kushner’s father and uncle’s real estate companies using his being a son-in-law of U.S. President Donald Trump to attract chinese investors, a similar report came out on Thursday. Reuters reported that three Democratic legislators wrote to the president of Kushner Companies to get more information about allegations that the real estate firm took advantage of Jared’s role.
Although Jared is no longer the CEO of the real estate firm, Kushner Companies allegedly exploited his being an adviser of Trump to attract Chinese investors via a federal immigration program.
The nine-page letter to Laurent Morali, the president of Kushner Companies, came from Senator Patrick Leahy, Rep. John Conyers, and Rep. Zoe Lofgren.
U.S. visas under EB-5 program
In May, Kushner Companies held a road show in China where the firm dangled the possibility of acquiring U.S. visas using the EB-5 program for buyers of units in One Journal Square, a project of Kushner Companies. The program offers a U.S. green card to a foreigner who will invest a minimum $500,000 in development projects in areas of the U.S. with low employment rates.
But guaranteeing the visa is banned by the EB-5 program. The move to probe the practices of Kushner Companies is not just from Democrats since Chuck Grassley, Republican chairman of the Senate Judiciary Committee, sought last week an investigation into statements and misrepresentations that are potentially fraudulent.
Reuters reported that Kushner Companies had said sorry for Nicole Kushner Meyer referring to Jared’s White House connections when the real estate firm pitched in May the One Journal Square to Chinese investors.
Different explanations for Jared’s meeting with Russian bank head
It seems the two giant communist nations are dragging Jared down.
Other than his family allegedly using his name to get Chinese investors, the husband of Ivanka’s dealings with Russians is threatening to be a bigger headache for the Trumps as Congress probes deeper into the connection of the Trump campaign with Russian diplomats.
But Jared’s shadow appears to cast beyond the campaign period.
The Washington Post reported that the explanation of the White House and the presidential son-in-law why he met Sergey Gorkov, head of Vnesheconombank, were different. The White House insisted Kushner’s meeting with Gorkov was not related to business but a diplomatic encounter.
But Vnesheconombank, accused of advancing the strategic interests of Russian President Vladimir Putin, says the purpose of the Gorkov-Kushner meeting was part of a business strategy which Ivanka’s husband attended in relation to his role in Kushner Companies which he used to head.
