Feb 13 • 01:58 UTC 🇫🇷 France France24

Canadian, UK finance groups freeze new DP World deals over CEO’s Epstein emails

Finance groups in Canada and the UK have halted new deals with DP World following revelations of inappropriate emails between its CEO and Jeffrey Epstein.

Financial institutions in Canada and the United Kingdom have decided to freeze future transactions with the logistics firm DP World due to the discovery of numerous emails revealing a long-standing relationship between CEO Sultan Ahmed bin Sulayem and the late Jeffrey Epstein. This decision comes in light of recently unsealed documents from the US Department of Justice, which have included disturbing references to explicit content and inappropriate behavior.

The released correspondence details not just the close association between Sulayem and Epstein, but also contains alarming references to pornography, sexual massages, and escorts. Such revelations have triggered serious concerns regarding the ethics and reputability of the leadership at DP World, a company that plays a significant role in global logistics and operates critical infrastructure such as the Jebel Ali port in Dubai.

DP World, a prominent player in the logistics sector, is under scrutiny as it attempts to navigate the implications of these findings, particularly with respect to its relationships with financial partners in North America and Europe. The ramifications of this situation could potentially affect its business operations and market reputation, leading to questions about governance and oversight within the company, as well as impacting the wider logistics industry.

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