The
shock wave of the 'Epstein case' continues to cross the pond in the direction of the United Kingdom
. If first it was Prince Andrew who was forced to leave his public functions within the royal house, now it is
Jes Staley, executive director of Barclays, who has been invited to resign due to his connection with the billionaire.
Staley, an American like Epstein, would have, among other things, visited the Caribbean island where the abuse of minors and human trafficking allegedly took place.
In exchange for his departure, Barclays, which is "disappointed with how things
turned out
",
has promised him € 2.8 million, a contribution of € 140,000 to his pension and to pay him the costs of moving back to the USA.
His resignation coincides in time with the conclusions of a 20-month investigation carried out by the bank itself into the relationship between Staley and Epstein, and, although what has been discovered has not been made public, it is. It is known that she visited him in prison and continued to maintain a friendship with him despite the fact that in 2008 he served a 13-month sentence for prostitution of minors.
The same happened with many other politicians, artists, businessmen and personalities from all over the world, and Epstein was not only very well connected, but also, and according to the investigation, he
was very interested in recording and photographing the invited to their parties to be able to blackmail them in the future
. That may have been the key for the network of child recruitment and prostitution to survive for so long without anyone raising the alarm.
"The investigation
has not concluded that there is evidence to determine whether Staley saw, or was aware of, any of the crimes Jeffrey Epstein is accused of.
That was the fundamental issue on which the bank has continued to support its CEO. after the arrest of Epstein in the summer of 2019 ", has assured Barclays through a statement.
What Barclays did slip on is that
Staley's relationship with Epstein predates his appointment as CEO in 2015 of one of the UK's largest banks.
The two came into contact while the financier was still running JP Morgan's private equity division, and, in addition to the prison visit, he also visited him on at least one occasion on his island. A place that he affectionately called 'Little Saint Jeff' but that his victims and the press have preferred to nickname as Jeffrey Epstein's Island of Horrors.
There they stopped with his yacht Staley and his wife, Debbie, to forge a friendship that provided
very important clients to the head of the investment bank that allowed him to quickly escalate in his job.
In spite of everything, Staley maintains that once he joined Barclays he cut off all relationship with Epstein, with whom he "deeply regrets" having been together at some point in his life.
The former CEO will be replaced by Venkatakrishnan, a former colleague of Staley's at JP Morgan who is already co-chairman of the entity and head of the global markets department.
In exchange for the promotion, he will receive more than 3 million euros, 160,000 euros for the pension and other economic benefits and bonuses not detailed.
According to the criteria of The Trust Project
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