A new investigative report alleges that Jared Kushner, President Donald Trump’s son-in-law and senior adviser, had access to secret bank accounts containing billions of dollars from Saudi Arabia and the United Arab Emirates, including approximately $1 billion allegedly transferred through Israel with the assistance of Prime Minister Binyamin Netanyahu.

The allegations were published Thursday by Vanity Fair in an excerpt from investigative journalist Matthew Cole’s forthcoming book, Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East. Kushner has strongly denied the claims, calling them completely fabricated.

According to the report, Dutch intelligence operatives gained access to information from Kushner’s iPhone during Trump’s first administration after obtaining material from a Russian military intelligence-linked server.

The intelligence allegedly revealed that Kushner had access to a bank account in the United Arab Emirates containing approximately $750 million transferred through an Azerbaijani bank.

The account was reportedly managed through a UAE government-funded foundation, with Kushner listed as an authorized signatory despite not being its owner.

Cole alleges that senior Emirati and Saudi officials established the financial arrangements to advance diplomatic objectives and gain influence within the Trump administration, particularly regarding efforts to normalize relations between Israel and Arab countries.

However, the most explosive allegation concerns a separate account allegedly established in Israel.

According to the report, approximately $1 billion was transferred to an account at the Bank of Israel in 2018, with Netanyahu allegedly encouraging Kushner to have the funds deposited there.

The report claims that Kushner subsequently communicated with Netanyahu through then-U.S. Ambassador to Israel David Friedman regarding access to the money, with some funds allegedly transferred through accounts in Cyprus.

Cole cites a source who claimed that the money was intended for Kushner’s personal benefit, raising serious questions about potential conflicts of interest involving foreign governments and senior American officials.

The report further alleges that several senior Trump administration officials, including former national security advisers and a former CIA director, were unaware of any presidential authorization for Kushner to access such accounts.

Kushner responded with a forceful denial, accusing the author of publishing extraordinary allegations without providing supporting financial documentation.

“These are outrageous fabrications being presented as investigative journalism,” Kushner said, describing the claims as a mixture of fiction and advocacy.

He maintained that the alleged transactions never occurred and challenged the author to produce bank statements, transfer records, account numbers, or other verifiable evidence.

Kushner’s attorney also rejected the allegations, insisting that his client had not entered into unauthorized arrangements with foreign officials and threatening legal action over the report.

(YWN Israel Desk – Jerusalem)