Jared Kushner Hit With Major Ethics Violation From An $800 Million Company

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Jared Kushner is in serious trouble now. Citizens For Responsible Ethics In Washington [CREW] released a statement about its complaint against Donald Trump’s jack-of-all-politics and son-in-law on Thursday. Kushner failed to disclose ownership in an $800 million organization, and this was no simple oversight.

Communications Coordinator for CREW Jordan Libowitz said his organization filed a complaint with the Office Of Government Ethics [OGE] against Trump’s Senior Advisor  And Assistant To The President. Libowitz’s statement read:

‘Jared Kushner appears to have failed to make the required disclosure of his ownership interest in an online real estate investment company called Cadre, and likely must divest from Cadre to prevent having a conflict of interest.’

Kushner is one of the real estate technology company’s co-founders, and he still has ownership in it.  Trump’s son-in-law was supposed to include this in his public financial disclosure statement. When he requested a certificate of divestiture, the OGE agreed to give Kushner permission to sell like assets and  avoid certain taxes. However, he apparently neglected to disclose his ownership interest in the organization.

CREW Executive Director Noah Bookbinders commented:

‘Kushner’s failure to disclose his ownership in Cadre is very troubling. It appears to be one of his larger investments, not something he could easily overlook, and it is impossible to ensure that senior government officials are behaving ethically if they fail to disclose key assets.’

Not only that, the President’s advisor did not sell his interest in Cadre, meaning he did not comply with the conflict of interest laws and rules, upon which OGE and Kushner had agreed. Bookbinder continued in the statement:

‘OGE should investigate immediately and determine whether any sanction or referral is appropriate for Kushner’s potential disclosure violations and whether it is necessary for him to fully divest from Cadre. As one of the most senior members of the administration, it is of the utmost importance that Kushner is following ethics rules and regulations and avoiding conflicts of interest.’

CREW is a non-profit legal watchdog group dedicated to holding public officials accountable for
their actions.

To see the entire complaint CREW filed, click on this link.

Featured Image via Getty Images.