Federal Bureau of Investigation probes Ivanka Trump's deal with Malaysian company
- Author: Adam Floyd Mar 04, 2018,
Mar 04, 2018, 1:38
United States counterintelligence officials are scrutinizing one of Ivanka Trump's worldwide business deals involving Tiah Joo Kim, scion of one of Malaysia's richest families.
Quoting a former and a current U.S. official, CNN reported that the Federal Bureau of Investigation is scrutinising the negotiations and financing surrounding the Trump International Hotel and Tower in Vancouver.
It is not clear why investigators are examining this particular deal involving Mr Tiah.
"It's standard procedure to probe foreign contacts and worldwide business deals as part of a background check investigation", says the CNN story, which focuses on Ivanka Trump's role with the Vancouver hotel.
A spokesperson for Ivanka Trump said that CNN was "wrong that any hurdle, obstacle, concern, red flag or problem has been raised with respect to Ms. Trump or her clearance application". She is the daughter of U.S. President Donald Trump.
At the time, Ivanka Trump's involvement in the Vancouver property was described as a hands-on role in its interior design. The Holborn Group did not respond to requests for comment. The Trumps do not own the property but receive fees from licensing the Trump name for the property, a common arrangement in the Trump businesses.
Earlier this week, the Washington Post reported that Chinese, Israeli, Mexican and United Arab Emirates officials prefer to deal with Kushner because he is "naïve" and can be manipulated due to his lack of experience, and have asked to meet with him instead of with more experienced staff. Kushner's biggest adversary on his worldwide negotiations has been national security adviser H.R. McMaster, who was "surprised" by some of Kushner's foreign contacts and "wanted an explanation", according to the Post.More news: Senator Dianne Feinstein fails to receive party backing
Trump International Hotel and Tower opened in February a year ago, just a month after Trump's inauguration.
Joo Kim Tiah, who is CEO of Kuala Lumpur-based TA Global and its Vancouver subsidiary Holborn Group, which constructed and owns the hotel and condo tower on West Georgia Street in downtown Vancouver, did not immediately return calls to his cellphone.
Both Ivanka and Joo Kim said they worked closely together on the project, and Trump Organization received more than $5 million in royalties in the licensing deal, according to President Trump's financial disclosure form in June.
However, the text of the RealtimePolitics article provided no supporting documentation for its headline assertion that Ivanka Trump had been fired, nor did the article even reference that putative event anywhere other than in the headline.
The Trump Organization provides branding and manages the property, but doesn't have an ownership stake.
"One of the senior vice-presidents pulled me aside and said: 'Joo Kim, it's really important in your presentation that you connect with Ivanka".