Global business tycoon resigns over Epstein links


Sultan Ahmed bin Sulayem has resigned over his links to late sex offender Jeffrey Epstein. Photo: AAP
A global business tycoon who heads up one of Australiaâs biggest port companies has resigned over his links to Jeffrey Epstein.
Dubai-owned DP World says its chairman and chief executive Sultan Ahmed Bin Sulayem had quit amid mounting pressure âover his alleged ties to the paedophile.
Bin Sulayem, one of the Middle Eastâs most prominent business figures, is among the highest-profile executives to face scrutiny and be removed from roles following the recent release of the Epstein files.
DP World operates several key ports and terminals across Australia including Sydney, Brisbane, Melbourne and Fremantle.
Members of the US Congress said Bin Sulayemâs name appeared in documents published by the US Department of Justice, prompting renewed questions over his past interactions with Epstein, a convicted sex offender.
The Epstein files suggest a close relationship âwith Bin Sulayem for more than a decade after Epsteinâs conviction in 2008 on prostitution charges involving an underage girl.
The documents include emails and text messages that appear to show discussions between Epstein and Bin Sulayem about business, conversations about sex and plans to visit Epsteinâs Caribbean island.
The documents show the late disgraced financierâs web of relationships with prominent people in politics, finance, academia and business. âBeing named in the files is not evidence of criminal activity.
Bin Sulayem has overseen DP Worldâs transformation into one of the worldâs largest port and logistics operators. The â company says it handles around 10 per cent of global containerised trade with operations spanning âcountries including âCanada, Peru, India and Angola.
But pressure has been building after the âUK development finance agency and Canadaâs second-largest pension fund said they would suspend all new investment with DP âWorld over Bin Sulayemâs alleged Epstein ties.
In other resignations, Goldman Sachsâ top lawyer, Kathy Ruemmler, announced she would be leaving her role after Epstein emails revealed she had a close relationship with the man she called âUncle Jeffreyâ.
âI made the determination that the media attention on me, relating to my prior work as a defence attorney, was becoming a distraction,â she told the Financial Times.
Epstein was found dead in a New York jail âcell where he was being held â on sex-trafficking charges in August 2019. His death was ruled as suicide by hanging.
-with AAP
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