AFP, New York :
New York state has asked three banks to supply information about their relationships with the real estate business of Jared Kushner, a senior White House advisor and President Donald Trump’s son-in-law, a source said Wednesday.
Maria Vullo, Superintendent of the Department of Financial Services (DFS), sent letters last week to Deutsche Bank, Signature Bank and New York Community Bank asking for details on their financial arrangements as well as loans made to or sought by Kushner Companies, the source told AFP.
The lenders were given until March 5 to respond.
The DFS has refused to comment on the matter, as has Deutsche Bank.
But Kushner Companies said the inquiries were politically motivated and amounted to harassment.
“We have not received a copy of any letter from the New York State Department of Financial Services,” a spokesman said.
“Our company is a multi-billion enterprise that is extremely financially strong. Prior to our CEO voluntarily resigning to serve our country, we never had any type of inquiries.
“These type of inquiries appear to be harassment solely for political reasons.”
Also on Wednesday, The New York Times reported Kushner Companies received major loans from Apollo Global Management, one of the world’s largest private equity firms, and Citigroup, shortly after Kushner held White House meetings with representatives from the two companies.
New York state has asked three banks to supply information about their relationships with the real estate business of Jared Kushner, a senior White House advisor and President Donald Trump’s son-in-law, a source said Wednesday.
Maria Vullo, Superintendent of the Department of Financial Services (DFS), sent letters last week to Deutsche Bank, Signature Bank and New York Community Bank asking for details on their financial arrangements as well as loans made to or sought by Kushner Companies, the source told AFP.
The lenders were given until March 5 to respond.
The DFS has refused to comment on the matter, as has Deutsche Bank.
But Kushner Companies said the inquiries were politically motivated and amounted to harassment.
“We have not received a copy of any letter from the New York State Department of Financial Services,” a spokesman said.
“Our company is a multi-billion enterprise that is extremely financially strong. Prior to our CEO voluntarily resigning to serve our country, we never had any type of inquiries.
“These type of inquiries appear to be harassment solely for political reasons.”
Also on Wednesday, The New York Times reported Kushner Companies received major loans from Apollo Global Management, one of the world’s largest private equity firms, and Citigroup, shortly after Kushner held White House meetings with representatives from the two companies.
