Jared Kushner’s family’s real estate company ‘subpoenaed over investment-for-visas programme’

New York federal prosecutors have reportedly subpoenaed Kushner Companies, the New York real estate business owned by the family of Donald Trump’s son-in-law and senior adviser Jared Kushner.

The subpoenea concerns the company’s use of the controversial EB-5 visa programme to finance its development in New Jersey called One Journal Square, the Wall Street Journal reported.

The EB-5 programme allows wealthy foreign investors to effectively buy US immigration visas for themselves and their families by investing at least $500,000 (£378,000) in US development projects.

 [Source”cnbc”]
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Jared Kushner says he had no improper conduct with Russian officials after appearing before Senate

In a statement to the paper, Emily Wolf, the Kushner Company’s general council, said: “Kushner Companies utilised the program, fully complied with its rules and regulations and did nothing improper.

“We are cooperating with legal requests for information.”

It is currently unclear what potential violations the New York attorney’s office is looking into.