Trump son-in-law family apologises after China investment-for-visas event

NEW YORK: The family of White House adviser Jared Kushner apologised on Monday for mentioning his name while urging wealthy Chinese investors to sink millions into a New Jersey real estate project.
Nicole Kushner Meyer was in China at the weekend, seeking more than $150 million in investment in a luxury apartment complex known as “One Journal Square,” on which ground is scheduled to break early next year.
She urged wealthy Chinese to buy stakes through the EB-5 visa program that offers US residency in exchange for at least $500,000 investment in a US business that must also create at least 10 American jobs.
The pitch raised concern over potential conflicts of interest and set off a media firestorm in the United States, leading Kushner Companies to issue a formal apology on Monday.
“In the course of discussing this project and the firm’s history with potential investors, Ms Meyer wanted to make clear that her brother had stepped away from the company in January and has nothing to do with this project,” the firm said.
“Kushner Companies apologises if that mention of her brother was in any way interpreted as an attempt to lure investors. That was not Meyer’s intention.”
The New York Times reported that at an event in Beijing on Saturday, Meyer told investors that the project “means a lot to me and my entire family,” and mentioned her brother’s former role as chief executive of Kushner Companies. Jared, 36, is senior adviser and son-in-law of US President Donald Trump.
He stepped down from the family business in January to join the US administration where he has far-reaching influence over both domestic and foreign policy. ­— AFP