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UNDERREPORTED

Kushner Linked to Multi-Hundred-Million Dollar Middle East Slush Funds via Secret Bank Accounts

A new book alleges Jared Kushner acted as signatory on foreign-government accounts that moved roughly $750 million from the UAE and Saudi Arabia and another $1 billion from Israel, without disclosing the funds.

Matthew Cole’s forthcoming book claims that Jared Kushner oversaw foreign slush funds managed by leaders of the United Arab Emirates, Saudi Arabia and Israel. After Dutch intelligence hacked Kushner’s iPhone, investigators found he was a signatory on a First Dubai Bank account owned by the Watani Al Emarat Foundation, a charity run by Dherar Belhoul Al Falasi, a close associate of UAE President Mohamed bin Zayed. Between 2017 and the end of the Trump administration, the UAE and Saudi governments funneled roughly $750 million into this account for covert intelligence work and secret weapons procurement.

A second account at Israel’s Central Bank, allegedly created at Prime Minister Benjamin Netanyahu’s request, contained about $1 billion that Kushner could draw for personal purposes via a Cyprus intermediary, with former ambassador David M. Friedman allegedly facilitating releases. Kushner’s attorney maintains his client had no knowledge of the charity or the accounts, while four senior Trump officials said the president never authorized such access. The revelations raise questions about potential violations of U.S. tax, foreign-agent and bribery laws.

Why it matters

The allegations suggest possible illegal foreign influence and financial misconduct by a former senior White House official.

How the sides frame it

LOW AGREEMENT

Left-leaning coverage emphasizes alleged secret Middle-East slush funds and detailed accusations, while centrist coverage highlights Kushner’s denial and the lack of evidence presented.

LEFT

Frames the story as a bombshell expose of massive secret funds and covert operations tied to UAE, Saudi and Israeli officials.

CENTER

Frames the story as a contested claim that Kushner dismisses as baseless and unsupported by evidence.

The left emphasises

  • Kushner oversaw foreign slush funds worth roughly $750 million from the UAE and Saudi Arabia.
  • A second account at Israel’s Central Bank allegedly held about $1 billion for personal use.
  • The allegations stem from a Dutch-hacked iPhone and a forthcoming book by Matthew Cole.

In this story

Kushner phone hackforeign slush fundUAE charitySaudi money transferIsraeli central bank accountforeign agent disclosurebribery law
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