Jared Kushner's private equity firm concealed the origins of Saudi-backed funds and used the SEC's own rules to help them do it, report says

Sun, 02/12/2023 - 22:14

White House senior adviser Jared Kushner (L) meets Saudi Crown Prince Mohammed Bin Salman (R) during his visit to Riyadh, Saudi Arabia, September 1, 2020. Saudi Press Agency/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. — Jared Kushner (L) meets Saudi Crown Prince Mohammed Bin Salman (R) in NEOM, Saudi Arabia, on September 1, 2020.
Saudi Press Agency

In April 2022, The New York Times reported Jared Kushner received $2.5 billion in Saudi-backed funds.
A new Washington Post report reveals how Kushner's company concealed the source of the funds.
On an SEC form, a box reading "Sovereign wealth funds and foreign official institutions" was blank.

Immediately after leaving the White House, former Senior Adviser Jared Kushner created a company that would eventually become a private equity firm with ties to Saudi Crown Prince Mohammed bin Salman.