Ivanka Trump’s husband Jared Kushner is pursuing deals in Albania and Serbia even as his father-in-law runs for president. Some observers say the situation raises red flags.
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Jared Kushner is reportedly pursuing development projects abroad even as his father-in-law, Donald Trump, is running for president.
Kushner confirm this New York Times This week, he is finalizing real estate deals in the Eastern European countries of Albania and Serbia. The Balkans deal appears to have been prompted by connections Kushner gained while serving as a senior official in the White House, according to the Washington Post. Second-rate.
Kushner, who is married to Trump’s daughter Ivanka Trump, is working with Richard Grenell on the deal. Richard Grenell briefly served as acting director of national intelligence during the Trump administration and served as ambassador to Germany and special envoy for the Balkans.
One of Kushner’s proposed projects is to develop an island off the coast of Albania into a luxury tourist resort. The second project is a luxury hotel development in the Serbian capital Belgrade with 1,500 residential units and a museum at the vacant headquarters of the long-defunct Yugoslav army, which was destroyed by a NATO bomb in 1999.
According to the Ministry of Land and Resources, both projects involve land controlled by their respective governments, meaning both projects require government approval. era Report.
In another project in Albania, Kushner will develop several hotels and hundreds of villas on the Zvernek Peninsula, a 1,000-acre coastal area in southern Albania. Kushner is involved in these projects through his investment firm Affinity Partners, which has $2 billion in funding from Saudi Arabia’s Public Investment Fund.
“We’re very excited,” Kushner told reporters. Second-rate. “We haven’t finalized those deals yet, so they might not happen, but we’ve been working on it and we’re getting very close.”
Kushner’s investment firm was formed after he resigned from the White House. In the private sector, he was able to leverage new relationships with Middle Eastern leaders such as Saudi Crown Prince Mohammed bin Salman, who helped Kushner secure $2 billion from Saudi Arabia’s sovereign wealth fund.
Good governance experts tell era Family members of presidential candidates seeking to engage in business dealings with foreign powers raise red flags.
“At this stage of the election cycle, Jared Kushner should freeze any new investment plans,” Robert Weisman, president of the progressive think tank Public Citizen, told the outlet. “This particular investment scheme appears to involve the worst of every corrupt tendency in the Trump administration and Trump family.”
However, Kushner has denied using his connections while in the White House for financial gain.
“Nobody ‘gave’ me a deal,” Kushner told reporters Second-rate. “I run it very carefully and these investments will create a lot of value for the local community, our partners and investors.”
Kushner told era If Trump is re-elected president, he has no interest in returning to Washington.
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