Pressure rises on Dubai port giant DP World over chief's alleged Epstein ties
British International Investment and a major Canadian pension fund halted new DP World investments amid DOJ documents linking CEO Sultan Ahmed bin Sulayem to Jeffrey Epstein.
- Following publication of DOJ files, British International Investment paused new investments with DP World, saying, `In light of the allegations, we will not be making any new investments with DP World until the required actions have been taken by the company.`
- DOJ-Published documents showed members of Congress said Sultan Ahmed bin Sulayem's name appeared, prompting renewed scrutiny.
- Documents show DP World is a sponsor and partner, with branding on cricket and football players, and has led its expansion into a global logistics company, according to the source.
6 Articles
6 Articles
Second Firm Suspends Deals With DP World Over Epstein Files
British International Investment, a £9.9 billion ($13.6 billion) development-finance institution owned by the UK government, halted investments with DP World over alleged ties between the port operator’s chief executive officer and disgraced financier Jeffrey Epstein.
Pressure rises on Dubai port giant DP World over chief's alleged Epstein ties
The UK development finance agency and Canada's second-largest pension fund have suspended new investment with global ports operator DP World over alleged ties between its chief executive and the late disgraced financier Jeffrey Epstein, raising pressure on the Dubai-based firm.
BII Halts Investments with DP World Amid CEO Controversy
British International Investment (BII) has paused its investments with DP World following alleged ties between CEO Sultan Ahmed bin Sulayem and Jeffrey Epstein. BII expressed shock over the allegations and will cease new investments until necessary actions are taken. BII and DP World collaborate in four African ports.
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