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quick take
Saudi Arabia’s sovereign wealth fund invested money in former President Donald Trump’s son-in-law Jared Kushner after he left the White House in 2021. Saudi Arabia’s Crown Prince Mohammed bin Salman told Fox News that the fund remains committed to its investments. But social media posts make unsubstantiated claims that Mr. Kushner must return the money.
Full text
Jared Kushner, his son-in-law and former adviser to former President Donald Trump, founded an investment fund called Affinity Partners after leaving the White House following Trump’s failed re-election in 2020.
Among the first investors was the Saudi Public Investment Fund, run by the Saudi government, which reportedly invested $2 billion. House Democrats had launched an investigation into the deal before losing control of the chamber in the 2022 midterm elections.
Currently, a post is circulating on Instagram that includes the unsubstantiated claim that “It appears that Jared Kushner will have to “repay the entire $2 billion from Saudi Arabia to the government.”
The platform said these posts reflect a Feb. 2 thread posted on X that has been viewed 1.5 million times.
The thread cites an interview between anchor Bret Baier and Saudi Crown Prince Mohammed bin Salman that aired on Fox News in September.
The thread claims that Salman “suggested in an interview that Trump, who is currently leading in the 2024 Republican primary, may move funds if he loses the 2024 election.” There is.
However, the Crown Prince did not say such a thing.
In fact, Salman told Bayer in English that the investment was “a commitment of PIF, and where PIF has commitments with investors around the world, we will maintain them.”
The website associated with the X account that posted this claim is called Politics Video Channel. It was registered in 2017 and has since regularly posted left-leaning content about American politics. However, this site is registered by an individual in Australia. We emailed Kushner to ask if he had any evidence to support his claims about Saudi investments in his fund, but we did not receive a response.
In other words, all the copycat claims circulating on social media are simply repeating misrepresentations of what Salman said in his September interview.
Editor’s note: factcheck.org is one of several organizations Link with Facebook To debunk misinformation shared on social media.You can view past stories here here.Facebook is out of control Regarding our editorial content.
source of information
Maloney, Carolyn B. Chair, U.S. House of Representatives Committee on Oversight and Reform. Letter to Jared Kushner. June 2, 2022.
Kirkpatrick, David D., and Kate Kelly. “Before giving billions to Jared Kushner, Saudi investment fund had big doubts.” New York Times. April 10, 2022.
Fox News (@FoxNews). “‘Good negotiations’: Saudi crown prince says he’s getting closer to peace with Israel ‘every day.'” YouTube.com. September 22, 2023.
Assigned name and number Internet Corporation. Domain information for politicsvideochannel.com. Updated on December 22, 2023.
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