FBI Now Investigating Ivanka’s $360 Million Canada Deal: Report
Just as Vanity Fair put it: “Even Ivanka Trump, the ‘princess royal’ of the West Wing, is being sucked into the vortex of scandal that has encompassed her father’s administration.”
According to Vanity Fair, Ivanka is now under Federal investigation over the financing and negotiations surrounding the Trump International Hotel and Tower in Vancouver.
According to CNN, United States counterintelligence officials are probing a Trump Organization real-estate deal in Canada in which Ivanka played a leading role.
The deal itself, which dates back to 2013, isn’t the main focus of the FBI. But CNN reports that foreign buyers involved, as well as the timing of the $360 million project’s opening in February 2017, may have caught the agency’s attention.
Vanity Fair reported:
Like many Trump Organization deals, the New York-based company does not own the building but rather is paid licensing and marketing fees by the developer, the Holborn Group. Joo Kim Tiah, a member of one of Malaysia’s wealthiest families, runs the Canada-based development firm, and said in October 2015 that the First Daughter was closely involved: “Ivanka and myself approved everything, everything in this project,” he said during an interview.
Peter Mirijanian, a spokesman for Ivanka’s ethics counsel, dismissed the idea that there was anything untoward about the deal. “CNN is wrong that any hurdle, obstacle, concern, red flag, or problem has been raised with respect to Ms. Trump or her clearance application,” he said in a statement. He also denied that the investigation would impact Ivanka’s security clearance in any way: “Nothing in the new White House policy has changed Ms. Trump’s ability to do the same work she has been doing since she joined the Administration.” Alan Garten, executive vice president and chief legal officer for the Trump Organization, similarly played down the report, saying that “the company’s role was and is limited to licensing its brand and managing the hotel. Accordingly, the company would have had no involvement in the financing of the project or the sale of units.”
You can read more about the deal and the investigation HERE