Emirati billionaire resigns as CEO of logistics firm following Epstein revelations
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Source: ABC News
The billionaire CEO of logistics giant DP World has resigned following the disclosure of his communications with the late sex offender Jeffrey Epstein.
Sultan Ahmed bin Sulayem, an Emirati billionaire, stepped down from the company on Friday, "effective immediately," the massive global supply chain and logistics company said in an announcement.
The move comes after financial groups in Canada and the U.K. earlier this week announced a pause in their investments with DP World on the heels of the U.S. Justice Department's release of Epstein files.
For years, before and after Epstein became a convicted sex offender in 2008, Bin Sulayem and Epstein maintained a free-flowing exchange of emails that ran the gamut from workshopping financial proposals to rating sexual conquests, according to the DOJ files.
Read more: https://abcnews.com/US/emirati-billionaire-resigns-ceo-logistics-firm-epstein-revelations/story?id=130136386
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