Prosecutors claim Bob Menendez aided businessman in seeking Qatari investment
Senator Menendez Accused of Helping New Jersey Businessman Seek Qatari Investment
Senator Bob Menendez has been indicted on new charges, as prosecutors claim he assisted a New Jersey businessman in securing an investment from a Qatari company with close ties to the Middle Eastern country’s government.
In October, Menendez pleaded not guilty to charges of conspiring to act as an unregistered foreign agent for the Egyptian government and accepting substantial sums of money from New Jersey businessmen in exchange for interfering with law enforcement investigations into their activities.
In the latest indictment, federal prosecutors in Manhattan allege that Menendez introduced businessman Fred Daibes to a member of the Qatari royal family, with the aim of negotiating a multimillion-dollar investment for a real estate project. Daibes, who was indicted alongside Menendez, has also pleaded not guilty.
Prosecutors further claim that Menendez made supportive statements about the Qatari government while the company considered the investment, as reported by CNN.
“Menendez provided Daibes with these statements so that Daibes could share them with the Qatari Investor and Qatari government officials associated with the Qatari Investment Company,” stated the prosecutors.
The trial for Menendez is scheduled for May 6.
(Reporting by Luc Cohen and Jonathan Stempel in New York; Editing by Sandra Maler)
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