Epstein Trustee Doc Contradicts Jes Staley Testimony

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Jes Staley was named as a trustee of Jeffrey Epstein’s property till at the least 2015, newly launched paperwork present, which seem to undermine courtroom testimony from the previous Barclays boss who turned down the function.

Staley was named as considered one of three trustees for the Jeffrey E Epstein 2014 Trust in notarized agreements signed and dated by him, together with in May 2015, alongside the late pedophile’s longtime lawyer Darren Indyke and an affiliate named David Mitchell, a property investor.

Trustees have been “entitled” to annual pay of $250,000 in addition to reimbursement of prices and bills, the doc reads, though it’s unclear whether or not Staley was compensated for his function.

The doc is a part of an unlimited trove launched in late January by the US Department of Justice pertaining to its investigation into the monetary shame.

Staley instructed a UK courtroom final yr that he had declined a request from Epstein to be named a trustee of his property, as he sought to overturn a lifetime ban by the Financial Conduct Authority over his ties to the infamous intercourse trafficker.

“Mr Epstein also wanted to name you as trustee of the Epstein estate, didn’t he?” Staley was requested beneath cross-examination towards the UK monetary watchdog in March.

“And I turned it down,” I responded.

The FCA’s barrister, Leigh-Ann Mulcahy KC, continued: “You didn’t flag to Barclays, did you, that Mr Epstein had asked you to be a trustee?”

Staley responded: “I believe this happened very early on while I was at BlueMountain, and again, I declined it and refused to be a trustee.”

When pressed additional, Staley added that “the fact that . . . I’d turned down being a trustee for his estate might be indicative that I was not a close personal friend.”

Staley labored at hedge fund BlueMountain Capital from 2013 till 2015. Barclays introduced that Staley would change into its chief government in October 2015. The belief was amended after which signed by Staley a month earlier, in line with the paperwork launched by the DoJ.

The Upper Tribunal determined in June that Staley had did not make his case towards the FCA, upholding his determination that he had recklessly misled the watchdog, and discovering that he had made a “serious failure of judgment.”

Staley has lengthy maintained that he and Epstein had a “close professional relationship” however that they weren’t mates. He mentioned in 2025 that he had not been conscious of Epstein’s “monstrous activities” through the interval he maintained a relationship with him.

The 2014 belief was ultimately revoked and a 2019 model doesn’t title Staley as a trustee.

The former Barclays boss was additionally appointed an executor in variations of Epstein’s will, together with former US Treasury secretary Lawrence Summers, the FT beforehand reported. Epstein’s closing won’t title Staley as executor.

Epstein was arrested in 2008 and served a 13-month sentence in Florida after pleading responsible to soliciting intercourse from a minor. He died in a New York jail in 2019 whereas awaiting trial on separate sex-trafficking fees, which pressured a reckoning for lots of the senior enterprise and political figures who had maintained contact with him.

Staley, a former senior government at JPMorgan Chase, has mentioned he was launched to Epstein within the early 2000s as a consumer of the financial institution. I’ve maintained contact with him at the least till late 2015, when Staley took the highest job at Barclays. He has mentioned he reduce off contact with Epstein earlier than turning into chief government.

The two males exchanged greater than a thousand emails with Staley searching for recommendation on issues starting from his pay at JPMorgan to his daughter’s training and referring to Epstein as “family” on a number of events. They additionally made extra obscure references, together with the now notorious e mail from Staley saying “that was fun. Say hi to Snow White.”

He instructed the courtroom that he couldn’t recall what the Snow White e mail referred to.

A lawyer for Staley didn’t reply to a number of requests for remark. The FCA declined to remark.