SEC dropped probe of firm a month after the firm lent $180 M to a Kushner company
The coincidences keep piling up.
https://apnews.com/dcea3eecab2b478aacd70321c6ce9a91/SEC-dropped-inquiry-a-month-after-firm-aided-Kushner-company
NEW YORK (AP) — The Securities and Exchange Commission late last year dropped its inquiry into a financial company that a month earlier had given White House adviser Jared Kushner’s family real estate firm a $180 million loan.
While there’s no evidence that Kushner or any other Trump administration official had a role in the agency’s decision to drop the inquiry into Apollo Global Management, the timing has once again raised potential conflict-of-interest questions about Kushner’s family business and his role as an adviser to his father-in-law, President Donald Trump.
The SEC detail comes a day after The New York Times reported that Apollo’s loan to the Kushner Cos. followed several meetings at the White House with Kushner.
“I suppose the best case for Kushner is that this looks absolutely terrible,” said Rob Weissman, president of Public Citizen. “Without presuming that there is any kind of quid pro quo ... there are a lot of ways that the fact of Apollo’s engagement with Kushner and the Kushner businesses in a public and private context might cast a shadow over what the SEC is doing and influence consciously or unconsciously how the agency acted.”
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