Saudi Panel Warned vs Investing $2B In Jared Kushner's Equity Firm

Back in April, The New York Times reported that Jared Kushner’s four years of Saudi ass-kissing and murder-excusing had paid off in the form of a $2 billion investment from the kingdom‘s sovereign wealth fund to his newly formed private equity firm, Bess Levin reported for Vanity Fair.

Photo Insert: Jared Kushner

That struck a lot of people—ethics officials among them—as pretty shady given that far from having impressed would-be clients with his investing prowess, the panel that performs due diligence for the Saudi fund concluded that no one in their right mind would give the former first son-in-law a dime.

Among other concerns, the panel noted that management was “inexperienced,” that the kingdom would be responsible for “the bulk of the investment and risk,” that its fee seemed “excessive,” and that the firm’s operations were “unsatisfactory in all aspects.”

Given those reservations, it warned that the country’s Public Investment Fund (PIF) should stay far, far away from Kushner’s firm—a recommendation that was overturned by the fund’s board, which happens to be led by Crown Prince Mohammed bin Salman, i.e., the guy who approved a plan to kidnap, kill, and dismember a journalist via bone saw and benefited from Kushner’s unwavering support within the White House and reported insistence that the prince could “survive the outrage just as he had weathered past criticism.”

Again, just so it‘s abundantly clear, the “outrage” and “criticism” were over a Saudi dissident and US resident being chopped up into pieces.

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