US: Riyadh Investment Investment in Donald Trump’s Groom Company

A House of Representatives committee announced yesterday that it was investigating a $ 2 billion ($ 1.86 billion) investment by Saudi Arabia in a company of Jared Kouchner, the son-in-law of former US President Donald Trump.

“The OECD is investigating whether you (Jared Kouchner) abused your government position to extort billions of dollars from the Saudi government and also whether your personal financial interests were affected by the “Your father-in-law, former President Trump,” said Democratic MP Carolyn Maloney, who heads the committee, in a letter yesterday.

Malone’s letter was sent to Kouchner, who served as Trump’s adviser to the White House, requesting the release of documents related to his investment company (A Fin Management LLC).

A spokesman for Kouchner told The New York Times that he “complied with all legal and ethical rules both during and after his term in government.”

The company did not immediately respond to a request for comment from Reuters yesterday.

Archived data show that the company has registered as an investment consultant, while managing about $ 2.5 billion (€ 2.32 billion) through various investment vehicles.

In a typical capital investment, Saudi Arabia should have placed its funds in a fund managed by A Fin and not through investments in the company itself.

The details of the investment have not been made public.

“Your support for investment from Saudi Arabia has been strong, despite the fact that Congress and the rest of the world have been closely investigating human rights abuses in Yemen, the assassination of Saudi journalist Jamal Kasogi and his associates with Saudi Arabia. “Mohammed bin Salman’s successor, but also the repression of dissidents inside Saudi Arabia,” Maloney said in a letter.

Kouchner incorporated the company into his business after Trump’s departure from the White House and secured $ 2 billion in investments from Saudi Arabia after six months, the lawmaker added.

Source: Capital

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