Trump son-in-law and White House Senior Advisor Jared Kushner’s family business is famously secretive, using every legal method at their disposal to hide their revenue streams as well as their business partners.
However, a lawsuit filed last year alleges that one of their subsidiaries, Westminster Management, charges illegally excessive rent for apartments they own in Maryland. Kushner’s company has done everything it can to hide details—especially the identity of their partners on the buildings.
Now, a judge has ruled that the Kushner-owned company cannot conceal the identity of their secret partners, which are now set to be revealed thanks to a court order. CBS reports:
‘A federal judge ruled Friday that the family company once run byisn’t allowed to keep secret the identity of its business partners in several . The decision means the company tied to President Trump’s son-in-law might be forced to provide a rare glimpse into how it finances its real estate ventures.
‘A U.S. district judge in the state rejected the argument that the privacy rights of the Kushner Cos. partners outweigh the public interest in obtaining judicial records in a lawsuit before the court.
‘The ruling backed the argument by The Associated Press and other news organizations that the media has a “presumptive right” to see such court documents and the Kushner Cos. had not raised a “compelling government interest” needed by law to block access.
‘U.S. District Court Judge James K. Bredar ruled that Westminster Management, a Kushner Cos. subsidiary, must file an unsealed document with the identity of its partners by Feb. 9.’
A half dozen media entities filed the motion, including The Washington post, the Associated Press, ProPublica, The Baltimore Sun and a local Baltimore TV news station.
Kushner Companies argued that the motion was filed in the interest of “sensationalism” due to increased public interest. However, the judge said that increased public interest actually adds to the case that the information should be revealed.
Jared Kushner is reportedly terrified of any attention paid to his family finances. Indeed, his newfound fame has caused no end of problems for the real estate company. With so much secrecy, and given the fact that the real estate industry is well-known to be a haven for money launderers, it’s pretty easy to connect the dots.
In fact, in December it was reported by The New York Times that Mueller’s team of investigators was subpoenaing financial records related to the company from Deutsche Bank, one of the largest banks in the world which will lend to shady characters. The NYT reported at the time,
‘In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution that has lent hundreds of millions of dollars to the Kushner family real estate business.
‘The Kushner family has longstanding ties to Deutsche Bank. A financial disclosure form that Mr. Kushner filed with the government shows he and his mother have a line of credit from Deutsche Bank worth $5 million to $25 million. The bank also provided a $285 million mortgage to Kushner Companies last year to help it refinance a loan to buy several floors of retail space in the former New York Times building on 43rd Street in Manhattan.’
Remember when Donald Trump said that probing his family’s finances would be a “red line?”
Or when Kushner had to amend his financial disclosure literally dozens of times?
It seems pretty clear that the Trumps and the Kushners are hiding something. And if they are, Mueller will find it.
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