Jamie Dimon, the chief executive of JPMorgan Chase & Co, will be questioned under oath about the bank’s relationship with late sex offender and former client Jeffrey Epstein, a lawyer involved in the case said.
Jamie Dimon, the CEO of JPMorgan Chase & Cowill be questioned under oath about the bank’s relationship with the late sex offender and former client Jeffrey Epsteinsaid a lawyer involved in the case.
The statement is scheduled for early May, according to Brad Edwardsthe lawyer who represents women who claim to have been sexually abused by Epstein and that they have sued the largest bank in the United States for allegedly allowing the financier’s sex trafficking.
Asked by Reuters, JPMorgan declined to comment on the case. Epstein was a JPMorgan client between 2000 and 2013, five years after he pleaded guilty to a prostitution charge in Florida.
JPMorgan will have to defend itself against two cases seeking damages over his relations with Epstein: a class action lawsuit proposed by the Epstein accusers and a case presented by the United States Virgin Islandswhere Epstein owned a home.
The bank has also sued Jes Staley, former director of private banking and subsequently CEO of Barclays Plc. Staley was a friend of Epstein’sbut has regretted their relationship and has denied any involvement in Epstein’s illegal activities.
Staley, what resigned from Barclays in November 2021 Under an investigation by regulators into how he presented his relationship with Epstein, he will be interviewed under oath by JP Morgan’s lawyers in April, a source familiar with the situation said.
JPMorgan, which has accused Staley of withholding information about Epstein, aims to force the return of eight years of compensation and reimbursement of damages that the bank may suffer in other lawsuits.
The Financial Times had previously reported Dimon’s expected statement. Citing a person familiar with an internal JPMorgan investigation, the newspaper said that no record found of Dimon being in direct communication with Epstein or included in any discussion about retaining you as a customer.
Source: Ambito
