Canadian, UK finance teams freeze new DP World offers over CEO’s Epstein emails

[ad_1] Monetary teams in Canada and the UK stated they've paused future ventures with the corporate DP World after newly launched emails confirmed a yearslong friendship between the corporate's CEO, Sultan Ahmed bin Sulayem, and Jeffrey Epstein.

The emails — some referencing porn, sexual massages and escorts — surfaced within the cache of Epstein-related paperwork not too long ago launched by the US Division of Justice. DP World is a logistics large that runs the Jebel Ali port in Dubai and operates terminals in different ports all over the world.

Sulayem, its chairman and CEO, made headlines this week when US officers appeared to affiliate him with an e-mail during which Epstein wrote, “I cherished the torture video.”

In response to the launched emails, British Worldwide Funding, the UK's growth finance company, stated they “won't be making any new investments with DP World till the required actions have been taken by the corporate.” Considered one of Canada's largest pension funds, La Caisse, gave the same assertion.

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© France 24 Epstein killed himself in jail in 2019 after he was charged with intercourse trafficking. The emails don't seem to implicate Sulayem in Epstein’s alleged crimes. DP World has not responded to a number of requests for remark.

In 2009, Epstein wrote in an e-mail, “the place are you? are you okay , I cherished the torture video."

The recipient, whose e-mail was redacted, replied, “I'm in china I will likely be within the US 2nd week of might.”

On Monday, Republican Rep. Thomas Massie posted an image of the redacted emails on X, saying “A Sultan appears to have despatched this” and that the Justice Division ought to “make this public.”

Deputy Legal professional Basic Todd Blanche responded to Massie's publish that “the Sultan’s title is obtainable unredacted within the information" and cited one other doc that names “Sultan Bin Sulayem.”

La Caisse stated in an assertion that it is pausing new “capital deployment” with DP World. “Now we have made it clear to the corporate that we anticipate it to make clear the scenario and take the mandatory actions."

British Worldwide Funding stated by way of a spokesperson that they "are shocked by the allegations rising within the Epstein information concerning Sultan Ahmed bin Sulayem."

Neither organisation is an investor in DP World, however they each have invested alongside the corporate in port tasks all over the world.

The subjects vary broadly, together with President Donald Trump, intercourse and theology.

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In response, Sulayem stated, “Thanks my good friend I'm off the pattern a recent 100% feminine Russian at my yacht.”

That very same yr, Sulayem despatched Epstein an e-mail exhibiting a menu for a therapeutic massage enterprise which included sexual choices. Two years later, Sulayem texted Epstein a hyperlink to a porn website, and, in 2017, Epstein despatched Sulayem a hyperlink to an escort web site.

Epstein e-mailed with Sulayem about Steve Bannon, the Trump acolyte, in 2018, saying “you'll like him." In one other alternate, Sulayem requested Epstein about an occasion the place it appeared Trump could be in attendance.

“Do you suppose it will likely be potential to shake hand with trump,” Sulayem requested.

Epstein replied: “Name to debate.”

He is chairman and CEO of logistics large DP World, which has lengthy been a pillar of Dubai's financial system.

The corporate runs the town's sprawling Jebel Ali port and operates cargo terminals in ports across the globe.

Sulayem beforehand had a bigger function as chairman of the Dubai World conglomerate, which on the time included the property developer Nakheel. That firm was behind the creation of artifical islands within the form of palm bushes and a map of the world that helped cement Dubai’s standing as an up-and-coming world metropolis.