Jared Kushner's new foreign real estate deals, which he is pursuing with help from a former Fox News contributor who wants to be the next Secretary of State, are raising alarm among government accountability experts over fears of corruption, according to a new report.

Former President Donald Trump's son-in-law is about to close deals in Albania and Serbia that appear to have been made possible by his White House connections and $2 billion in Saudi Arabian funding, the New York Times reported Friday.

“This particular investment plan seems to involve the worst of every corrupt tendency of the Trump administration and Trump family," Robert Weissman, president of Public Citizen, told the New York Times.

“At this point in the election cycle Jared Kushner should freeze any new investment plans."

Kushner, a former senior advisor in his father-in-law's White House, reportedly said he was working with Richard Grenell, Trump's onetime national intelligence director, the Times reports.

ALSO READ: Inside the neo-Nazi hate network grooming children for a race war

One source told the Times Grenell has told confidants he hopes to be the former president's next secretary of state. Grenell did not confirm the source's information, but told the Times he hasn't decided whether he would join Trump's administration.

The two projects involve a proposed luxury tourist spot on an island off the coast of Albania and an apartment complex in Belgrade, according to the report.

After leaving the White House, Kushner secured $2 billion from Saudi Arabia's Public Investment Fund for his investment firm Affinity Partners, the report notes.

An official with Affinity Partners told the Times it has not yet been determined if Saudi funding will play a part in Kushner's Balkan projects, which are still up in the air.

“We have not finalized these deals, so they might not happen," Kushner told the Times, "but we have been working hard and are pretty close.”