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New Book Says Jared Kushner Funneled Money to Middle East Mercenaries. Kushner Denies It.

Cover of 'Princes and Thieves' with Jared Kushner (on the left) and Mohamed bin Zayed (on the right) | Illustration: Princes and Thieves/Matthew Cole/Atria/One Signal Publishers/

Princes and Thieves, a new book by investigative journalist Matthew Cole, may open a rabbit hole into financial connections between Middle Eastern dictators and President Donald Trump's family. Cole accuses Emirati monarch Mohamed bin Zayed (MBZ) of sending billions of dollars to various mercenaries and political operators, including Jared Kushner, son-in-law to President Donald Trump. Cole's reporting combines well-documented connections with secondhand accounts from anonymous sources.

On Thursday, Vanity Fair published an excerpt from the book, reporting that Dutch military intelligence hacked into Kushner's phone in 2018 and discovered hundreds of millions of dollars in bank transfers connected to MBZ. Also on Thursday, Kushner published a letter from his lawyers to Cole categorically denying the "incredible and false" allegations in the book. "Mr. Kushner never accessed foreign accounts and always followed all rules and regulations and only pursued goals that were in the best interest of the United States as directed by the President of the United States," they wrote.

Cole had originally written on his blog that the book was scheduled for release on October 27, but the publication date was pushed forward over the weekend.

The book purports to tie Kushner to a vast web of Emirati influence operations around the world. In Cole's telling, which matches other journalists' accounts, MBZ wants to reshape the Middle East and eastern Africa into an alliance of U.S.-backed dictatorships, where "tolerance" is enforced through high-tech surveillance and "democracy" is a synonym for terrorism. MBZ's use of mercenaries in pursuit of these goals is well-documented. So is Kushner's personal affinity with the Emirati monarch and his business ties with the Arab monarchies.

Soon after Trump won the 2016 election, MBZ held a widely reported meeting with Kushner. According to the book—and according to much of that earlier reporting—the monarch complained about the Obama administration's failure to back Arab regimes against popular revolutions, its decision to end the Iraq War, and its diplomacy with Iran.

Going much further than past reporting, Cole now claims Kushner was personally involved in MBZ's mercenary operations. MBZ and Saudi Crown Prince Mohammad bin Salman put a collective $2 billion into Emirati and Israeli bank accounts which were managed (but not technically owned) by Kushner, according to Cole's sources. Those same sources claim that parts of this secret "slush fund" went to Libyan warlord Khalifa Haftar, American military contractor Erik Prince, and Cuban hitman Felipe Vidal.

Haftar, a former CIA asset, became a general in Libya's 2011 revolution and then attempted to overthrow the new government with Emirati backing in 2014. Despite a 2020 ceasefire, his forces continue to control much of Libya. Prince, founder of the military contractor formerly known as Blackwater, moved to the UAE and helped build a secret army of Colombian mercenaries. He sued Cole for defamation after Cole reported on Prince's role in helping Haftar, but a judge threw out the case. Cole's sources claimed that Vidal, a self-described "hit man," helped the United Arab Emirates (UAE) fake an Iranian attack on oil tankers in May 2019, meant to provoke Trump into war.

Kushner's lawyers have denied any relationship with any of those three men, apart from a single meeting with Prince after the 2016 election. (According to Cole, both Vidal and Prince refused to comment for the book.) The position of the U.S. government is that the May 2019 incident was a genuine Iranian attack, not an Emirati false flag.

After the Vanity Fair article was published last week, Israeli negotiator Gershon Baskin pointed out in The Jerusalem Post that the Central Bank of Israel "does not offer private banking services to individuals," which would make it impossible for Kushner's money to be deposited in the Central Bank of Israel, as Cole claimed. The book addresses that argument, claiming that the money was deposited "in what would appear to be a government account," with Kushner and Israeli Prime Minister Benjamin Netanyahu jointly authorizing transactions.

The Abraham Accords, which include an alliance between Israel and the UAE, have often been touted as a way for the U.S. to "spend less time and less resources in the Middle East," in the words of Vice President J.D. Vance. But Cole argues that the UAE actually used its alliance to entangle American interests in a future conflict. The book states that Kushner set up "a rainy-day defense fund" for war with Iran, using Emirati money deposited in a separate Central Bank of Israel account.

Cole also claims to have evidence that Kushner was on the take from the UAE's regional frenemy Qatar. In 2017, the UAE and Saudi Arabia issued an ultimatum for Qatar to rein in its foreign policy and blockaded the small nation. The Intercept later reported that Kushner's father had sought a Qatari bailout for the family real estate business just before the crisis, and the Qatari-linked company Brookfield ended up providing the needed investment in August 2018, leading to a congressional investigation into the deal.

Democrats are still digging for information on Kushner's business ties to Qatar, but three sources told Cole that the Qatari royal family authorized and paid for the Brookfield deal. The Qatari government "asked the White House how to resolve the blockade. And the Kushners kept saying, 'We have this great property that needs investment.' Eventually, the Qataris realized the only way to settle the blockade was to buy the building," a former U.S. intelligence officer said.

Kushner's lawyers write that they have "no evidence that Qatar impacted the investment decision. Any suggestion of his involvement in the transaction or any allegation of quid pro quo with the Qatari government is false and defamatory."

Other parts of the book are better-documented. Cole obtained a draft of Prince's autobiography, text messages from one of Prince's colleagues, and emails from Emirati government adviser George Nader, who was convicted of fraudulently funneling money into Hillary Clinton's 2016 presidential campaign. If nothing else, the book is a comprehensive account of the UAE's unofficial empire and its American ties. But the most explosive claims about Kushner's involvement in those activities rest on anonymous sources, making it a matter of Cole's word against Kushner's.

"I considered the responses from Kushner's attorneys carefully and consulted multiple sources about them. During the five years I have spent working on this book, I have tried to keep an open mind, and I am confident that my reporting is accurate. Kushner's lawyers' responses did not change that conclusion," Cole writes in the book's epilogue.

The post New Book Says Jared Kushner Funneled Money to Middle East Mercenaries. Kushner Denies It. appeared first on Reason Magazine.

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AI turns the midterms into a vast electoral laboratory

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The upcoming U.S. midterms are not just another vote. They are on track to become a new testing ground for autonomous AI agents that first emerged in the Hugging Face attack. Experts are already warning of the potential for these “rogue agents,” seen in action this summer, to carry out more refined, dangerous and harder-to-trace disinformation campaigns and electoral interference than those observed in previous election cycles.

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MEP blasts ‘Euro-Gestapo’ for lecturing Russia on democracy

RT | October 8, 2026

Brussels is steering Europe toward totalitarianism and a “Euro-Gestapo” while lecturing Russia on democracy, Slovak MEP Lubos Blaha has warned.

Blaha made the remarks during a European Parliament debate on Tuesday, responding to EU foreign policy chief Kaja Kallas, who denounced Russia’s recent parliamentary elections as undemocratic.

The politician questioned why Brussels was focusing on Russia while cracking down on dissent within the bloc.

He cited arrests of pro-Palestinian protesters in Germany and the imprisonment of Estonian opposition figures, who he claimed were jailed for opposing war with Russia.

“Are you going to set up the Euro-Gestapo here, Mrs. Kallas, and lock up everyone who wants peace?” he asked.

The Slovak lawmaker also questioned why Brussels was debating Russia’s elections while Europe faced mounting unrest.

“You may not have noticed, but Spain is in the streets, France is in the streets, and you are here dealing with Russian elections. You must be joking,” he said.

Blaha went on to accuse Brussels of double standards over Ukraine’s suspended presidential elections.

“You blame the Russians for having elections, but you don’t mind that [Ukraine’s Vladimir] Zelensky has been governing for three years without any elections, without a mandate,” he said. “You are hypocrites!”

Zelensky’s presidential term expired in May 2024, but elections have remained suspended under martial law.

Blaha also cited the annulment of Romania’s 2024 presidential election, claiming the vote was canceled because “the wrong candidate won.” Romania’s Constitutional Court scrapped the result over alleged irregularities and accusations of Russian interference after EU- and NATO-skeptic Calin Georgescu won the first round. Pro-EU candidate Nicusor Dan won the rerun in May 2025.

The MEP argued that Russia had held elections despite the ongoing conflict and daily Ukrainian missile and drone attacks on its territory.

The September poll saw the ruling United Russia party win nearly 58% of the party-list vote.

Blaha also defended Russian President Vladimir Putin, contrasting his popularity with that of Western European leaders.

“You have nothing to criticize Putin for, Mrs. Kallas,” he declared. “Unlike you and your Merzes and Macrons, he has the support of his own population.”

Recent polls have put German Chancellor Friedrich Merz’s approval rating at a record low of 10% in October, while French President Emmanuel Macron’s support fell to 17% in September. Neither Kallas nor European Commission President Ursula von der Leyen was directly elected to her current position by voters, having assumed office through the EU’s institutional appointment process.

Blaha belongs to Slovak Prime Minister Robert Fico’s Smer-SD party, which opposes EU sanctions on Russia and has criticized Western military assistance to Ukraine.

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