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Epstein files reach Quebec pension fund manager and the Port of Montreal
Institutional investors La Caisse and British International Investment suspended new funding in DP World after DOJ files revealed CEO's links to Jeffrey Epstein.
- On February 11, British International Investment announced it would suspend investments with DP World, joining La Caisse which paused capital deployment and expects the company to address the situation.
- The DOJ files indicate a friendship involving messages of a sexual nature and assistance between Jeffrey Epstein and DP World's chairman and CEO, which continued after Epstein's conviction until shortly before he died.
- DP World operates in more than 80 countries, handles about 10 percent of global container trade, and reported nearly $20 billion in revenues last year, led by its chairman and CEO for nearly 20 years.
- Suspensions of new investments threaten the Port of Montreal expansion at Contrecoeur, with La Caisse's past commitments to DP World projects under pressure, as of February 11.
- Given DP World's global reach, investor actions could ripple across ports and supply chains as it handles roughly 10 percent of global container trade and reported nearly $20 billion in revenues last year, with BII's investments in at least four African ports.
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The Caisse de dépôt et placement du Québec asks DP World to shed light on the links between its CEO, Sultan Ahmed bin Sulayem, and Jeffrey Epstein.
·Montreal, Canada
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Epstein fallout hits private sector
Repercussions from the Jeffrey Epstein files are rippling through the private sector. Canada’s second-largest pension fund suspended future investments in Dubai-based port operator DP World, whose CEO was in contact with the sex offender for years. Several musicians are distancing themselves from a top US talent agency led by Casey Wasserman — who is overseeing the 2028 Olympics planning — over past email exchanges with Epstein associate Ghislai…
·New York, United States
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Coverage Details
Total News Sources16
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution45% Left, 44% Center
Bias Distribution
- 45% of the sources lean Left, 44% of the sources are Center
45% Left
L 45%
C 44%
11%
Factuality
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