Barak Says May Break Off Business Relations With Jeffrey Epstein

Epstein invested millions of dollars in Carbyne, an Israeli start-up company in which former prime minister and current election candidate Ehud Barak is the controlling shareholder

new-hdc-logo
Haaretz
Send in e-mailSend in e-mail
Ehud Barak speaks a press conference on July 2, 2019.
Ehud Barak speaks a press conference on July 2, 2019.Credit: Moti Milrod
new-hdc-logo
Haaretz

Democratic Israel chairman Ehud Barak has indicated on Facebook that he will consider breaking off his business relations with convicted sex offender Jeffrey Epstein, who bankrolled Barak’s investment in Carbyne, an Israeli start-up company in which the former prime minister is the controlling shareholder and chairman of the board.

“For almost five years, a company associated with Epstein has been a passive investor in a limited partnership, legally registered in Israel and under my control,” wrote Barak on his Facebook page. “Every investor in this partnership is bound by the same commercial contract. As soon as the present charges related to Epstein became known, I instructed my lawyers to examine the options we have for expelling the company associated with Epstein from this partnership," wrote Barak.

In 2008, Epstein was convicted of procuring a 14-year-old girl for the purpose of prostitution, for which he served 13 months in prison. This week he was arrested and charged with trafficking, luring dozens of girls for the purpose of providing sex services for money.

>> Read more: Netanyahu dirties up Ehud Barak over Jeffrey Epstein scandal so he looks cleaner

In 2015, Barak set up a limited partnership, registered under the name Sum (E.B.), in which he holds all the shares. This partnership invested in and became chief shareholder in a company called Reporty, which was registered in 2014. Last year this company changed its name to Carbyne.

The company has developed a service which enables the transmission of live video and audio recordings to emergency call centers, along with precise information as to the location of the person calling in and an assessment as to the reliability of the report.

Financial newspapers have reported that Barak invested millions of shekels in this company. The link between Barak and New York billionaire Epstein was revealed this week by Gidi Weitz in Haaretz.

The charges against Epstein claim that he knew that his victims were minors, and that he paid several of them to recruit others. A raid on his ranch yielded many photos of nude girls. “The conduct described in the indictment rattles one’s conscience” said the prosecutor. Epstein requested to be placed under house arrest and his lawyers claimed that he had “behaved as a law-abiding citizen since his 2008 conviction.”

Click the alert icon to follow topics:

Comments

SUBSCRIBERS JOIN THE CONVERSATION FASTER

Automatic approval of subscriber comments.

Subscribe today and save 40%

Already signed up? LOG IN

ICYMI

Soldiers using warfare devices made by the Israeli defense electronics company Elbit Systems.

Russia-Ukraine War Catapults Israeli Arms Industry to Global Stage

Flame and smoke rise during an Israeli air strike, amid Israel-Gaza fighting, in Gaza City August 6, 2022.

Israel Should End Gaza Operation Now, if It Can

Rio. Not all Jewish men wear black hats.

What Does a Jew Look Like? The Brits Don't Seem to Know

Karolina Bielowka.

'My Uncle Told Me, ‘Go on the Trip of Your Life, Go Dig in Israel.’ So I Did'

The replica ship, 'Ma’agan Mikhael II,' sailing from Haifa to Acre in northern Israel.

Replica of 2,400-year-old Ship Solves Ancient Mediterranean Mystery

File photo: Bus operated by Kavim company.

Ultra-Orthodox Extremists Assault Woman for Sitting at Front of Jerusalem Bus