Loan to Jared Kushner raises questions about California water project
By MICHAEL HILTZIK
MAR 07, 2018 | 1:20 PM
Followers of the ecologically dubious and largely pointless Cadiz water project in the Mojave Desert might have pricked up their ears last week at reports of a possible conflict of interest involving Jared Kushner, President Trump's son-in-law, and the investment firm Apollo Global Management.
That's because Apollo is a sizable investor in Cadiz, which has received favorable regulatory treatment from the Trump administration after years of thumbs-down rulings under the Obama administration and from local and state officials. Apollo and Cadiz announced the $60-million investment, along with a "conditional" $240 million in construction financing, on May 2 ...
http://www.latimes.com/business/hiltzik/la-fi-hiltzik-cadiz-apollo-20180307-story.html
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