Phoenix has invested hundreds of millions of dollars in Israeli defense companies, while Affinity has made major gains from its Phoenix stake.
Kushner’s attorney said he had no role in Phoenix’s investment decisions, while critics argue his simultaneous business and diplomatic roles warrant greater scrutiny.
Source: CNN
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Jared Kushner’s Affinity Partners holds the largest stake in Israel’s Phoenix Financial while he is also negotiating in Gaza, raising potential conflict-of-interest concerns.
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