The White House says it’s investigating $500 million in loans granted to Jared Kushner’s family business

Jared KushnerThomas Peter-Pool/Getty Images

  • The White House wants to know whether two loans totaling more than $ 500 million to Jared Kushner’s family real estate business violated any criminal laws or regulations.
  • The loans came from Citigroup and the private-equity firm Apollo Global Management last year.

WASHINGTON (Reuters) – The White House is investigating whether two loans totaling more than $ 500 million to the family real estate business of U.S. President Donald Trump’s son-in-law and senior adviser Jared Kushner violated any criminal laws or regulations, according to the U.S. Office of Government Ethics.

Democratic lawmakers asked the White House and Kushner Cos for documents after the New York Times last month reported the loans extended in 2017 by Citigroup and the private equity firm Apollo Global Management.

See the rest of the story at Business Insider

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SEE ALSO: Jared Kushner’s business received multimillion-dollar loans from 2 companies whose executives met with him at the White House

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