Canada’s second-largest pension fund axes future DP World deals over Epstein revelations
Canada’s second-largest pension fund is suspending future investment plans with Dubai logistics giant DP World over ties between its CEO and Jeffrey Epstein, Bloomberg reported.
A spokesperson for Caisse de Depot et Placement du Quebec said in a statement: “We have made it clear to the company that we expect it to shed light on the situation and take the necessary actions. Until then, we are pausing additional capital deployment alongside the company.”
The messages were revealed as part of the latest cache of files released by the US Department of Justice.
The Emirati CEO and Epstein discussed the details of useful contacts in business and finance, proposed deals and made explicit reference to sexual encounters, the files show.
DP World is one of the largest operators of container ports and maintains close links to Canada, where it operates five sites. La Caisse is one of its largest financial partners.
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