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Ongoing Story· Today

Book Claims Kushner Had Access to Secret UAE Funds, Netanyahu Urged Israeli Bank Placement

8 developments

Kan NewsSecurity

Report: Kushner Held Secret $1 Billion Account in Bank of Israel Aided by Netanyahu

Translated & summarized from Kan News by baba

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Hebrew · 4 newsrooms covering

A new book claims Jared Kushner, former President Trump's son-in-law, held a secret $1 billion account in the Bank of Israel, allegedly encouraged by then-Prime Minister Benjamin Netanyahu. The funds reportedly came from Saudi Arabia and the UAE, with Dutch intelligence uncovering the details via a hack of Kushner's iPhone. The book alleges Netanyahu facilitated the deposit to obscure the money's origin. Kushner and his lawyer have denied all claims, calling them false and unsubstantiated.

The story in 5 lines · by baba

  • Jared Kushner allegedly held a secret $1 billion account in the Bank of Israel, encouraged by Benjamin Netanyahu.
  • The funds reportedly originated from Saudi Arabia and the UAE, according to a new book.
  • Dutch intelligence uncovered the alleged account details through a hack of Kushner's iPhone in 2018.
  • The book claims Netanyahu facilitated the deposit to obscure the money's connection to Kushner.
  • Kushner and his lawyer have strongly denied all allegations, calling them false and unsubstantiated.
Report: Kushner Held Secret $1 Billion Account in Bank of Israel Aided by Netanyahu
Editorial illustration generated by baba News, not a photograph of the event.

A new book alleges that Jared Kushner, former President Trump's son-in-law, maintained a secret $1 billion account in the Bank of Israel, reportedly with encouragement from then-Prime Minister Benjamin Netanyahu. The funds originated from Saudi Arabia and the United Arab Emirates. The claims are detailed in Matthew Cole's book, "Princes and Thieves," which relies on intelligence information and anonymous sources, including a hack of Kushner's iPhone by Dutch intelligence in 2018.

The Dutch intelligence service reportedly gained access to Kushner's phone via a Russian hacker, uncovering screenshots that allowed them to monitor his real-time activity. This intelligence revealed that the UAE's ruler, Mohammed bin Zayed, and Saudi Arabia's Crown Prince Mohammed bin Salman transferred over $2 billion to funds and accounts managed by Kushner.

The money was allegedly split into two main accounts: "Alpha," holding $750 million for Middle East policy initiatives managed through a charitable foundation in Abu Dhabi, and "Beta," containing approximately $1 billion from Saudi and Emirati sources. The "Beta" account, according to the book, was secretly managed through the Bank of Israel, with Azerbaijan acting as an intermediary, and was intended for Kushner's personal benefit.

The book specifically implicates Israel's Prime Minister Benjamin Netanyahu, suggesting he encouraged Kushner to deposit the $1 billion from the UAE into the Bank of Israel, potentially under the guise of a government account to obscure the connection to Kushner. The report claims Netanyahu required Kushner to inform him of any transactions from this account, with messages relayed through then-US Ambassador to Israel David Friedman.

Kushner's lawyer has vehemently denied all allegations, stating Kushner has no connection to accounts in the UAE or Israel and acted legally and in full coordination with President Trump. Former Ambassador Friedman also called the claims "100% false." Kushner himself responded on social media, calling the Vanity Fair excerpt "outrageous and completely false accusations" and stating that no evidence was provided to support them. He asserted that these allegations never surfaced during multiple investigations he cooperated with, including over 30 hours of testimony, because they never happened.

Kan NewsCentre · Jerusalem

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