Tags: charles kushner | not concerned | probe | family business | kushner companies

Charles Kushner Not Concerned About Probe Into Family Business

Image: Charles Kushner Not Concerned About Probe Into Family Business
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By    |   Monday, 22 January 2018 12:45 PM

Kushner Companies founder Charles Kushner said he has no concerns about the investigations into the family business, The Washington Post reported on Monday.

In his first interview since his son Jared joined the Trump administration, the elder Kushner said investigators "can knock themselves out for the next 10 years reading those papers as far as I'm concerned."

The company has acknowledged that last year the U.S. attorney in Brooklyn subpoenaed material regarding Kushner projects that used a program in which foreigners can invest $500,000 in return for fast-track status for American residency and possible citizenship.

Kushner Companies also confirmed that it has handed over documents regarding a $285 million loan from Deutsche Bank that Jared Kushner obtained for the firm one month before Election Day.

Charles Kushner said, however, there has been no indication that special counsel Robert Mueller is investigating the company as part of his examination into whether Russia colluded with the Trump campaign.

This despite congressional officials raising concerns about whether Jared Kushner sought financing from Russian sources to redevelop the Kushner's 41-story Fifth Avenue tower in a December 2016 meeting with Russian bank executive Sergey Gorkov.

The fate of that building has long been in doubt because of the $1.2 billion loan that Jared Kushner arranged, which comes due in a year.

Jared Kushner testified before Congress in July that the meeting did not involve "any discussion" about the family company, "real estate projects" or "loans," according to the Post.

Charles Kushner was convicted in 2005 on federal charges of tax evasion, witness tampering, and making illegal campaign donations, and spent 14 months in an Alabama prison.

Jared has maintained that his father was unfairly imprisoned and has sought to promote judicial reform in the Trump administration, a cause championed by the elder Kushner.

"I'm passionate about judicial reform as I have seen firsthand the injustice of long sentences and the destruction of human lives who have no hope," Charles Kushner told the Post. "I believe in second chances, when appropriate, as we are all human and we all make mistakes." He said the issue is "close and personal to Jared and close and personal to our family because we have seen it from both sides."

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Kushner Companies founder Charles Kushner said he has no concerns about the investigations into the family business, The Washington Post reported on Monday.
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Monday, 22 January 2018 12:45 PM
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