Grayson  Preston:Prosecutors accuse Sen. Bob Menendez of introducing Qatari royal family member to aid NJ businessman

2025-05-08 02:26:32source:L’École de Gestion d’Actifs et de Capitalcategory:News

NEW YORK (AP) — U.S. Sen. Bob Menendez introduced a member of the Qatari royal family and Grayson  Prestonprincipal in a company with ties to the government of Qatar to a New Jersey businessman before the company invested millions of dollars in the businessman’s real estate project, a rewritten indictment alleged Tuesday.

The latest version of the indictment against the Democrat in Manhattan federal court did not identify the member of the Qatari royal family, but it said the individual was a principal of the Qatari Investment Co.

The indictment said the Qatari investor then considered and negotiated a multimillion-dollar investment in the real estate project planned by Fred Daibes, one of three businessmen charged in the indictment along with the senator and his wife. All of them have pleaded not guilty.

No new charges were added to the latest version of an indictment that already charged Menendez in a bribery conspiracy that allegedly enriched the senator and his wife with cash, gold bars and a luxury car. The allegations involving Qatar occurred from 2021 through 2023, the indictment said.

RELATED STORIES Sen. Menendez is accused of being an unregistered agent of Egypt’s government in updated indictmentWhat about Bob? Some NJ Democrats want Menendez to move on so they can fight for his Senate seat

According to the indictment, Menendez accepted cash and gold bars in exchange for seeking to induce the Qatari Investment Co. to invest with Daibes, including by taking actions favorable to the government of Qatar.

The indictment said that while the Qatari Investment Co. was considering its investment in the real estate development owned by Daibes, Menendez made multiple public statements supporting the government of Qatar and then provided them to Daibes so he could share them with the Qatari investor and a Qatari government official.

More:News

Recommend

IOC's decision to separate speed climbing from other disciplines paying off

LE BOURGET, France — Aleksandra Miroslaw, a Polish sport climber with her hair pulled in a ponytail

A look at Russian missile attacks on Ukrainian targets since the war began in February 2022

KYIV, Ukraine (AP) — Since the start of its full-scale invasion of Ukraine in February 2022, the Rus