Kushner Denies Book’s Allegations of Foreign Bank Accounts

Jared Kushner has denied allegations in a forthcoming book that he accessed two foreign-linked bank accounts containing roughly $1.75 billion, after author Matthew Cole reported that Dutch intelligence monitored Kushner’s phone and observed account activity during Donald Trump’s first administration. The allegations have not been established, and Kushner and his lawyer say the accounts did not exist. In an excerpt published October 22, Cole alleges that Dutch intelligence officers gained access to material from Kushner’s iPhone and later monitored activity on the device. The reporting describes an account called Alpha, reportedly held by the Watani Al Emarat Foundation, a UAE government-funded charity. Cole says the account received about $750 million from Saudi and Emirati sources beginning in 2017, and that Kushner had signatory access but did not own it. Cole describes Alpha as a fund intended to support foreign policy objectives. His account also alleges a separate arrangement, called Beta, involving roughly $1 billion routed from Azerbaijan to what appeared to be an account at Israel’s central bank. A person briefed on the arrangement told Cole that Beta was intended for...