Jared Kushner’s dad whines they lost business because they didn’t want to seem corrupt
On Wednesday, White House senior advisor Jared Kushner’s dad, Charles Kushner, wrote in a column for The Washington Post that his family business has suffered due to Jared’s position in the White House.
He said that the media has not fully reported on his family business in the right way and wanted to “set the record straight.”
“Over the past two years, the news media have told a story about my family and our business with little regard for nuance, logic or even facts. A familiar story line suggested that Kushner Companies was on the brink of collapse, about to be brought down by an over-leveraged building. Though I am a private person and prefer to keep the details of my family’s business as private as possible, I want to set the record straight,” he wrote.
He then detailed the families business and Jared’s involvement.
“When he left the company, Jared took several steps to preclude conflicts of interest. At the recommendation of his legal counsel, in consultation with the Office of Government Ethics, he divested from more than 80 partnerships, including 666 Fifth Ave., at a substantial financial sacrifice. We walled off Jared from receiving information on the company, and he resigned as the controlling partner in more than 100 entities. This was all done out of an abundance of caution.”
However, he noted that because of the White House that his business has turned down opportunities. He explained that since Jared has been working in the White House, that his company has faced mass “scrutiny.”
“Jared’s service to the country has brought unprecedented scrutiny of the Kushner Companies from the media and government investigators,” he said. “We are happy to assist with all inquiries, but I must note that we are already voluntarily adhering to the strictest standards to avoid even the appearance of conflicts. As a result, we have passed up many business opportunities that we normally would have pursued.”
Adding, “That might not be as alluring as some of the crazy stuff I read about my family and our business. But it happens to be the truth.”
Read the full column here.