Epstein's billionaire associate subpoenaed after refusing to answer oversight committee

Epstein’s billionaire associate subpoenaed after refusing to answer oversight committee

Spread the love

U.S. lawmakers on the House Oversight Committee appeared stunned after billionaire Leon Black, a close associate of the late convicted sex trafficker Jeffrey Epstein, walked out on his closed-door hearing without answering crucial questions.

The co-founder of private equity giant Apollo Global Management voluntarily appeared before lawmakers Friday to answer questions about his long-running relationship with Epstein.

Yet once lawmakers began probing him on the details of nondisclosure agreements related to Epstein’s victims, as well as Black’s own extramarital affairs and the abuse accusations against him, Black refused to answer and left.

Committee member Rep. Yassamin Ansari, D-Ariz., told reporters she found Black’s behavior “extremely telling.”

“Leon Black was arrogant. He was smug. He refused to answer the questions, but at the same time was emphasizing how he was being transparent because this was voluntary,” Ansari said. “But when pressed on critical questions about his own sexual abuse and the allegations against him and nondisclosure agreements, he absolutely refused to answer these questions.”

Given the financier’s noncompliance, committee Chairman James Comer, R-Kentucky, issued two subpoenas before the hearing concluded, requiring Black to disclose relevant NDAs to the committee and to appear before them again to testify under oath July 16.

“We want to know, was Jeffrey Epstein involved in the NDAs, was he involved in writing? Was he involved in awarding funds to the women for the NDAs? What was the reason for the NDAs?” Comer said afterward.

“He made a statement that it’s not uncommon for people to have NDAs — I don’t think it is common for people to have NDAs,” Comer added, wryly. “So this is very important for our investigation.”

The committee is expected to release the full interview transcript within the coming days, but excerpts obtained by the Wall Street Journal, CNBC and others quote Black as denying he had any knowledge of Epstein’s sex trafficking crimes until the latter was indicted in 2019.

“I was not involved with, and had no knowledge of, any of Epstein’s heinous conduct,” Black told lawmakers in his opening statement. “I have never been with an underage woman. I have never engaged in sex trafficking. I have never paid Epstein for access to women.”

Black also claimed that the $170 million he made in payments to Epstein from 2012 to 2017 was for “highly valuable and legitimate tax and estate planning services for my family office” and did not go toward funding any of Epstein’s “heinous conduct”.

Black resigned from his position as chief executive at Apollo Global Management in 2021 when his ties to Epstein came under public scrutiny, but denied any wrongdoing.

Committee Democrats in particular expressed disbelief that Black knew nothing of Epstein’s crimes, a claim echoed by other former associates of Epstein who have appeared before the committee for questioning.

“Mr. Black is a prominent businessman who was named thousands of times in the Department of Justice’s Epstein files, and there are multiple allegations over the years that have been filed in civil suits against Mr. Black, as well as known survivors even to us on the committee who have come forward and alleged crimes against them, sexual crimes by Mr. Black,” Rep. Melanie Stansbury, D-N.M., noted.

“Today before Mr. Black left the interview, he admitted that he lived close to Epstein. He often dined at his house. He went over for breakfast, for happy hours, attended impromptu dinners with world leaders, with academics, with scientists, and that Mr. Epstein handled his personal financial affairs,” Stansbury told reporters.

“It was also clear he served on his family foundation board, and it’s also clear that Mr. Black knew of Epstein’s past conviction and plea deal and also was unbothered by it.”

While Black admitted that he knew of Epstein’s 2008 conviction for soliciting a minor for prostitution, he believed it was an “isolated incident,” adding that Epstein told him a fake ID was involved.

Rep. Suhas Subramanyam, D-Virginia, told reporters that Black “had to have known about Jeffrey Epstein’s crimes, given how close he was to Jeffrey Epstein.”

“I don’t buy that he didn’t know what Jeffrey Epstein was up to with all these young girls. I don’t buy that he didn’t know that Jeffrey Epstein was committing crimes all these years, and I think that he may have engaged in them himself based on what survivors have told us,” Subramanyam said.

“We have had many of these depositions and interviews, and this is the first time that someone actually walked out in the middle of it …This is also the first time I heard someone gush poetically about how smart and how great Jeffrey Epstein was,” the lawmaker added.

Subramanyam and other Democrats commended Comer for issuing the subpoenas.

Black’s appearance was the 16th interview the committee has conducted as part of its Epstein investigation. Major public figures such as former President Bill Clinton, former Secretary of State Hillary Clinton, billionaire Les Wexner and billionaire Bill Gates have appeared for testimony.

All have denied knowledge of the sex trafficking conducted by Epstein and his close associate Ghislaine Maxwell, who is currently serving a 20-year prison sentence. Epstein was found dead in his prison cell in 2019.

Leave a Comment





Latest News Stories

Trump's $1.5 trillion military budget: What taxpayers are getting

Trump’s $1.5 trillion military budget: What taxpayers are getting

By Brett RowlandThe Center Square The Pentagon's top budget official said Tuesday that the agency's failure to pass eight consecutive audits shouldn't stop Congress from approving the largest military budget...
DOJ indicts Southern Poverty Law Center on wire, bank fraud charges

DOJ indicts Southern Poverty Law Center on wire, bank fraud charges

By Dan McCalebThe Center Square A federal grand jury on Tuesday indicted the Southern Poverty Law Center on 11 counts of wire and bank fraud and conspiracy to commit money...
Ceasefire extended, fractured Iranian government cited

Ceasefire extended, fractured Iranian government cited

By Sarah Roderick-FitchThe Center Square With hours left before the two-week ceasefire between the U.S. and Iran was set to expire, President Donald Trump has extended it, citing a “seriously...
Lawmakers call for AI in financial literacy, systems

Lawmakers call for AI in financial literacy, systems

By Andrew RiceThe Center Square Lawmakers and industry leaders proposed implementing artificial intelligence to address gaps in financial literacy across the country. The lawmakers spoke at Axios’ Financial Confidence event...
FTC probe into APA urged over contradictory stances on gender-affirming care for minors

FTC probe into APA urged over contradictory stances on gender-affirming care for minors

By Tate MillerThe Center Square Medical group Do No Harm sent a letter Monday to the Federal Trade Commission urging an investigation into the American Psychological Association, accusing APA of...
Cherfilus-McCormick resigns from U.S. House

Cherfilus-McCormick resigns from U.S. House

By Merrilee GasserThe Center Square U.S. Rep. Sheila Cherfilus-McCormick, a Democrat from Florida, resigned from Congress Tuesday minutes before a House Ethics Committee hearing that would have decided sanctions against...
International Energy Agency leader says energy crisis worst in history

International Energy Agency leader says energy crisis worst in history

By Alton WallaceThe Center Square The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the...
Republicans unveil budget resolution allotting up to $140 billion for ICE, CBP

Republicans unveil budget resolution allotting up to $140 billion for ICE, CBP

By Thérèse BoudreauxThe Center Square U.S. Senate Republicans released a blueprint for their immigration enforcement funding bill Tuesday, paving the way to reopen the Department of Homeland Security, which has...
Military spy budget surges 49%, details secret

Military spy budget surges 49%, details secret

By Brett RowlandThe Center Square President Donald Trump's Pentagon requested $50 billion from taxpayers on Tuesday for a budget so secret that the military will only say how much it...
Illinois Quick Hits: CTA leader addresses transit security

Illinois Quick Hits: CTA leader addresses transit security

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Transit Authority Acting President Nora Leerhsen says the agency has increased law enforcement hours by 75%...
Advocacy groups respond to new executive order on psychedelics

Advocacy groups respond to new executive order on psychedelics

By Morgan SweeneyThe Center Square Some say President Donald Trump’s new executive order on psychedelics goes too far, while others say it’s a good first step, but more action is...
Senators grill Warsh on Fed independence, assets

Senators grill Warsh on Fed independence, assets

By Andrew RiceThe Center Square Senators grilled Kevin Warsh, President Donald Trump’s nominee to lead the Federal Reserve, over his asset disclosures and independence from the president’s decision-making. The U.S....
U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

U.S. Supreme Court declines to hear Cuomo COVID-19 lawsuit

By Chris WadeThe Center Square The U.S. Supreme Court has declined to hear a lawsuit against former New York Gov. Andrew Cuomo, claiming he was responsible for nursing home deaths...
Illinoisans 'ought be concerned' report ranks IL 45th for economic outlook

Illinoisans ‘ought be concerned’ report ranks IL 45th for economic outlook

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A tax and fiscal policy task force director says Illinois residents ought to be concerned about the...
Ceasefire deadline looms as talks with Iran remain uncertain

Ceasefire deadline looms as talks with Iran remain uncertain

By Sarah Roderick-FitchThe Center Square With just hours left before the ceasefire between the U.S. and Iran is set to expire, President Donald Trump still says a deal can be...