Grassley calls for investigation into Chinese promotion of Kushner family company deal

Greg Nash

Sen. Chuck Grassley (R-Iowa), the chairman of the Senate Judiciary Committee, is calling for an investigation into “potentially fraudulent statements and misrepresentations” made by a Chinese company promoting investments in property partly managed by White House adviser Jared Kushner’s family’s company.

Reuters noted that Grassley cited one of its reports in a May 25 letter to the Department of Homeland Security and the Securities and Exchange Commission calling for the probe.

The Republican senator is requesting a review of claims made by Chinese firm Qiaowai in the marketing of the One Journal Square project in Jersey City, N.J., to potential Chinese investors. 

{mosads}“Given all of these concerns, a closer look at Qiaowai Group and the U.S. Immigration Fund are clearly warranted, as reports suggest both companies have long employed questionable practices,” Grassley wrote.

Qiaowai and Kushner Companies are looking for investors to help finance a pair of luxury apartment buildings as part of the EB-5 Immigrant Investor Visa Program. That program offers visas in exchange for a $500,000 investment in a U.S. business.

The Chinese firm boasted about its connections to President Trump via Kushner, who is Trump’s son-in-law, and promised clients that Trump would ensure their visas were approved, according to The New York Times

Kushner’s sister, Nicole Meyer, came under fire earlier this month for reportedly using her brother’s role in the Trump administration to attract investors.

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