Donald Trump's Son-in-Law Rejects Claims of Secret Accounts & $700M Transfers
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Donald Trump’s Son-in-Law Rejects Claims of Secret Accounts & $700M Transfers

Jared Kushner has denied a new book’s claims that foreign governments funneled huge sums into accounts he controlled. The allegations come from a leak of his phone data, which the book says Russian intelligence obtained. Meanwhile, Donald Trump’s son-in-law calls the story fiction.

Jared Kushner reacts to new reports of phone hack

Jared Kushner, who serves as a special envoy, responded on X on Thursday. He said the allegations are “completely insane and never happened.” His team had denied each claim on the record before publication, he added, yet the author offered no evidence. The president’s son-in-law listed what he says is missing: bank statements, wire records, account numbers, and transaction dates. Without those details, Kushner argued, the accusations carry no weight.

Donald Trump’s adviser also pointed to his past. He noted that media outlets, several congressional committees, and a special counsel all examined him during the period in question. He cooperated voluntarily and testified for more than 30 hours, he said, and none of these claims ever came up. Further, he accused the author of being “either deeply disturbed or acting with sinister intent.”

Journalist Matthew Cole, formerly of The Intercept, wrote the book, titled “Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East.” Vanity Fair published an excerpt, and its headline put the transfers at more than $700 million. Cole alleges that Saudi and Emirati officials opened an account in 2017 holding about $750 million, which he likens to a foreign policy slush fund. He says Kushner served as a signatory. Cole adds that the UAE crown prince, known as MBZ, funded a second account meant for Kushner, sending roughly $1 billion to Israel through Azerbaijan by spring 2018.

Kushner started the private equity firm Affinity Partners after Trump left office in January 2021. Foreign governments, including Saudi Arabia and the UAE, have invested billions of dollars in it.

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