Article 64PY3 Top senator seeks answers over Qatar link to $1.2bn Kushner property rescue

Top senator seeks answers over Qatar link to $1.2bn Kushner property rescue

by
Stephanie Kirchgaessner in Washington
from US news | The Guardian on (#64PY3)

Senate finance panel chair sends detailed questions to financial firm on deal for property owned by then White House aide's family

A financial firm that operates billions of dollars in real estate properties around the world is facing new questions from the powerful chairman of the Senate finance committee about whether Qatar was secretly involved in the $1.2bn (1bn) rescue of a Fifth Avenue property owned by Jared Kushner's family while Kushner was serving in the White House.

Ron Wyden, the Oregon Democrat who leads the finance committee, has given the chief executive of Toronto-based Brookfield Asset Management until 24 October to answer a series of detailed questions about a 2018 deal in which Brookfield paid Kushner Companies for a 99-year lease on the family's marquee 666 Fifth Avenue property.

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