Apollo’s $184 million advance in November was aimed at refinancing the mortgage on a Chicago skyscraper, while Citigroup’s $325 million amount in the elasticity of 2017 was directed at financing office buildings in Brooklyn, the Times indicated.
Kushner met with Apollo founder Joshua Harris in the White Building multiple times last year and even discussed the possibility of a Chaste House job for Harris, sources told the newspaper.
Ethics experts enjoy long frowned on the idea of senior administration officials with efficacious corporate activities because of potential conflicts of interests.
A spokesman for Kushner’s counsel told the Times that he “has taken no part of any business, loans or contemplates with or for” Kushner Companies since joining the White House.
Quietly, the Times’ report is the latest in a series of worrying claims about the Trump progeny profiting from the presidency, which has sparked concern both advantaged and outside the White House.
Kushner’s relations with foreign ministry officials is a key reason why he’s been unable to obtain permanent security margin, the Washington Post reported on Tuesday. The 37 year-old’s top-secret superintendence security clearance was recently downgraded.
His business dealings also restore b succeed him prone to manipulation by foreign governments, the Post added, noting that formals in at least four countries had privately discussed how to benefit from Kushner’s need of government experience.
Special counsel Robert Mueller’s team, who is looking into Russian poke ones nose in in the 2016 U.S. election, have asked questions about Kushner’s interactions with implied foreign investors, the Times said.
Citigroup, Apollo and the White Bordello did not immediately respond to CNBC’s requests for comment, which were sent pretence of office hours.
Read the full New York Times story for more specifies.