The Western Journal

House Oversight Committee Sends Demand to Ilhan Omar’s Husband

The U.S. House Committee on Oversight and Government Reform is investigating a rapid rise in wealth tied to the husband of Rep. Ilhan Omar.Committee Chairman James Comer says he has serious concerns about Omar’s financial disclosure forms, citing two companies—eStCru LLC and Rose lake Capital LLC—that reportedly grew from about $51,000 in 2023 to as much as $30 million in 2024. Comer has sent a letter to Timothy Mynett, the president of Rose Lake Capital, demanding financial data from the linked companies and announced the request on social media.

The committee notes that limited information is publicly available about these firms and has asked for documents and communications by February 19. Comer questions who is funding the companies and who stands to gain access, and points to prior fraud allegations related to Mynett and to the lack of investor details for eStCru and Rose Lake Capital. the Rose Lake Capital site lists former diplomats as staff but does not name specific employees or provide asset information. The release and related materials frame the inquiry as part of broader concerns about openness in the finances surrounding Omar’s husband.


The House Committee on Oversight and Government Reform is investigating the rapid rise in wealth of companies linked to the husband of Democratic Rep. Ilhan Omar of Minnesota.

A news release posted on the committee’s website said Committee Chairman James Comer has “serious concerns” about Omar’s financial disclosure forms.

The release said two companies in which Omar’s husband has an interest, eStCru LLC and Rose Lake Capital LLC, rose in value from $51,000 in 2023 to up to $30 million in 2024.

Comer sent a letter to Omar’s husband, Timothy Mynett, the president of Rose Lake Capital LLC, noting that limited information on the companies was available.

“I’m demanding financial information from companies linked to Minnesota Rep. Ilhan Omar’s husband,” Comer posted on X.

“His companies reportedly went from $51K to $30 MILLION in one year — with zero investor information. So we want to know: Who’s funding this? And who’s buying access?” Comer wrote.

“Given that these companies do not publicly list their investors or where their money comes from, this sudden jump in value raises concerns that unknown individuals may be investing to gain influence with your wife,” Comer’s letter said

“Media reports further suggest that you may have raised money from investors using misleading information, meaning some of those funds may have been obtained improperly,” the letter said.

The release said that in 2021, Mynett “allegedly promised a D.C.-area investor a 200% return on $300,000 in eStCru, plus interest, but did not repay the funds until sued for fraud in 2023.”

“Media reports indicate eStCru faced financial trouble in 2023,” the release said, which meant its rise in value sparked concerns.

“There are serious public concerns about how your businesses increased so dramatically in value only a year after reporting very limited assets,” the letter said.

“Further, after these reports about financial trouble and alleged fraud, the Committee has serious questions about how eStCru’s valuation increased by up to $5 million in a single year,” Coner wrote.

“According to Rose Lake Capital’s website, it is staffed by five former diplomats who have experience in over 80 countries and involvement in 11 free trade agreements. However, the website does not name specific employees or advisors and no asset portfolio information,” the letter said.

The committee has requested financial documents and communications from both companies by Feb. 19.

As noted by the New York Post, the request comes as “the White House has questioned whether Mynett and Omar are connected with the mass defrauding of social services programs in Minnesota by Somali immigrants.”




Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. Advertise Today.



" Conservative News Daily does not always share or support the views and opinions expressed here; they are just those of the writer."
*As an Amazon Associate I earn from qualifying purchases
Back to top button
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker