Kushner secured Millions of dollars in loans at WH meetings
Jared Kushner, senior adviser and son-in-law to President T-rump, had meetings with the co-founder of private equity firm Apollo Global Management, Joshua Harris, and the chief executive of banking giant Citigroup, Michael L. Corbat inside the White House. In return, Kushner Companies received a combined $509 million from both of them.
Apollo, one of the world's largest private equity companies, lent Kushner and his family business $180M in loans, about 3 times more than their usual property loan amounts, to refinance a mortgage on their Chicago skyscraper. The loan was secured after multiple meetings with Kushner and Harris, in which Harris 'advised' the T-rump administration on 'infrastructure policy', and Kushner discussed creating a White House job for Harris, which never happened.
In other meetings at Kushner's White House Office - just steps away from the Oval Office - Kushner met with Corbat from CitiGroup. The bank loaned Kushner's family business $325M last Spring, the biggest loan the Kushner Companies received last year. It helped finance a group of Brooklyn office buildings for the family.
A spokesperson for Kushner's lawyer said T-rump's son-in-law has “taken no part of any business, loans or projects with or for” Kushner Companies while in the White House.
On Monday, Kushner's security clearance was downgraded to one of the lower levels in the White House. As a matter of fact, the WH calligrapher has a higher security clearance than he does.