Full Breakdown
Alleged Foreign Bank Accounts Involving Jared Kushner
By Drooid · · How we work
Core Allegations
A recent commentary in *New Republic* contends that former White House senior adviser Jared Kushner accessed multiple secret accounts at Israel’s Central Bank. By the spring of 2018, the United Arab Emirates (UAE) allegedly deposited roughly $1 billion into a second account at the behest of Israeli Prime Minister Benjamin Netanyahu. The piece describes this account as intended for Kushner’s personal use, distinct from a previously reported political slush fund. Access to the funds was reportedly mediated through former U.S. Ambassador to Israel David M. Friedman and routed via an account in Cyprus.
Background and Context
The allegations build on earlier reports that the UAE had placed money in a first account for Kushner, described as a political slush fund. The commentary notes that the UAE also created a separate “rainy-day defense fund” at Israel’s Central Bank to prepare for a potential Iranian attack. These financial arrangements are said to have occurred while Kushner was a government employee, obligating him to disclose any foreign bank accounts on required financial filings.
Financial Details
- First account: Unspecified amount, characterized as a political slush fund.
- Second account: Approximately $1 billion, allegedly for Kushner’s personal use.
- Third account: An undisclosed “rainy-day defense fund” for the UAE, purpose linked to regional security concerns.
The commentary asserts that the money was difficult to access, requiring Kushner to request releases through Netanyahu and Friedman, with transfers ultimately passing through Cyprus.
Official Responses and Potential Legal Issues
David M. The article further alleges that Kushner did not disclose his access to these accounts to the Internal Revenue Service, potentially violating federal tax-reporting requirements. It also suggests that, had Kushner offered any consideration—such as conversations with his father-in-law—for the funds, he could have breached U.S. bribery statutes and the Foreign Agents Registration Act.
The piece frames these claims as part of broader concerns about foreign influence and compliance with U.S. law among former officials.