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New Book Alleges Secret Financial Network Linked Kushner, Netanyahu, Gulf Rulers
A new book by investigative journalist Matthew Cole, titled "Princes and Thieves," alleges that Jared Kushner, former President Donald Trump's senior adviser, had access to a secret network of bank accounts containing over $2 billion from Gulf rulers. According to the book, Prime Minister Benjamin Netanyahu encouraged Kushner to deposit $1 billion of these funds, which originated in the United Arab Emirates, into an Israeli bank account.
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What happened
- 01A new book by Matthew Cole alleges Jared Kushner had access to a secret $2 billion fund provided by UAE and Saudi rulers.
- 02Prime Minister Benjamin Netanyahu reportedly urged Kushner to deposit $1 billion of the UAE funds into the Bank of Israel.
- 03The book claims Netanyahu sought to obscure the origin of the $1 billion, which was transferred via Azerbaijan in 2018.
- 04Dutch intelligence reportedly uncovered the financial trail by hacking Kushner's iPhone in 2018 with the help of a Russian hacker.
- 05The alleged funds were split between a $750 million political account and a $1 billion account for Kushner's personal use.
- 06Jared Kushner, his lawyer, and former Ambassador David Friedman have categorically denied all the allegations as baseless lies.
The book claims that UAE leader Mohamed bin Zayed and Saudi Crown Prince Mohammed bin Salman initially discussed a fund exceeding $10 billion to support the incoming Trump administration's political goals. This plan reportedly evolved into several accounts, including one named "Alpha" holding $750 million for Middle East political activities, and another named "Beta" containing approximately $1 billion in Saudi and Emirati funds. The Beta account was allegedly managed secretly in an Israeli bank via Azerbaijani mediation in 2018, intended for Kushner's personal benefit.
According to the book, Netanyahu urged Kushner to place the $1 billion in the Bank of Israel to obscure the money's origin and make it appear as government funds, while also requesting to be informed of any transfers from the account. The financial trail was reportedly uncovered by Dutch intelligence, which gained access to Kushner's iPhone in 2018 with the help of a Russian hacker.
Kushner, his lawyer, and former Ambassador David Friedman have strongly denied all the allegations, calling them baseless lies without evidence and stating that no such accounts or arrangements ever existed.
Summarized by baba from the reports of 3 newsrooms. Updated
Latest report: Ynetnews. Read Ynetnews’s originalThe coverage
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New Book Alleges Secret Financial Network Linked Kushner, Netanyahu, Gulf Rulers
