Head of Dubai-based Ports Giant Quits After Epstein Links Revealed
The chairman and chief executive of global ports operator DP World has resigned amid increasing scrutiny over his connections to the notorious Jeffrey Epstein. Sultan Ahmed bin Sulayem’s departure follows the release of documents revealing that he exchanged hundreds of emails with Epstein over a span of ten years.
Details of the Resignation
– Sultan Ahmed bin Sulayem’s resignation came effective immediately, with Essa Kazim appointed as the new chairman and Yuvraj Narayan as the chief executive.
– A photograph of Sulayem was promptly removed from DP World’s website.
Impact on DP World and Global Trade
– DP World, a Dubai-owned logistics powerhouse that operates port terminals across six continents, plays a vital role in global trade infrastructure.
– Recent pressure from international partners has mounted, leading to the UK development finance agency and Canada’s second-largest pension fund, La Caisse, suspending new investments in the firm.
– Additionally, the Prince of Wales’ Earthshot project, which received support from DP World, faced reports to the UK Charity Commission after Sulayem’s name surfaced in the released files.
Close Relationship with Epstein
– Documents indicate a close relationship between Sulayem and Epstein, characterized by personal exchanges including travel plans, business discussions, and even crude humor.
– In a 2013 email, Epstein referred to Sulayem as one of his most trusted friends.
– The emails suggest that Sulayem sought Epstein’s counsel on various matters, including personal health issues concerning himself and family members. Their correspondence appears to have continued until at least 2017, despite Epstein’s previous conviction in 2008 for soliciting minors.
Controversial Discussions
– The emails also reveal troubling discussions about women, with Sulayem reportedly commenting on their attractiveness.
– In a 2013 email, he labeled a Moldavian woman as less appealing than her photograph, while praising a Ukrainian woman.
– Furthermore, in 2017, Sulayem boasted about a new romantic relationship with a 22-year-old, to which Epstein humorously noted her age correction.
Influence in Business and Politics
– Epstein appeared to facilitate introductions between Sulayem and high-profile political figures, including former Israeli Prime Minister Ehud Barak and Steve Bannon, a former adviser to Donald Trump.
– Email chains suggest that Epstein acted as an informal intermediary for Sulayem, especially regarding a critical deal with the UK government for managing the London Gateway port.
– Notably, Epstein urged Lord Mandelson, then the UK business secretary, to be nice to Sultan in October 2009.
Key Correspondences and Connections
– The emails detail Sulayem’s communications with Epstein about various global business proposals, international travel plans, and even an inquiry regarding an invitation to Trump’s presidential inauguration.
– Sulayem expressed interest in whether Epstein had discussed his proposal with Elon Musk and sought introductions to multiple African heads of state.
Conclusion
The resignation of Sultan Ahmed bin Sulayem from DP World highlights the significant ramifications of his connections to Jeffrey Epstein. As more details emerge, the global logistics giant continues to navigate challenges that put its reputation on the line. The situation serves as a stark reminder of the complexities of corporate governance and personal affiliations in today’s global business landscape.