"Peter Mandelson was described as devious by Jeffrey Epstein after lobbying a bank to underwrite a mining project launched by their mutual friend Nat Rothschild, emails included in the latest tranche Epstein files suggest. In April 2010, the then business secretary appears to have contacted banker Jes Staley, then at JP Morgan, from his personal email account in what appears to be an attempt to secure funding for Rothschild, a longtime friend of the Labour peer."
"Mandelson wrote to say that he was pleased to hear that JP Morgan was planning to underwrite a 700m investment vehicle being launched by Rothschild, a scion of the banking dynasty. I've been following my friend Nat Rothschild's plans to list a vehicle on the [London Stock Exchange] and I'm very happy that JPM are now planning to get involved as book runners alongside [Credit Suisse], Mandelson wrote to Staley."
"Mandelson appears to have shared the communication with Epstein, who was a close friend of Staley's, adding that he hoped Jes can send warm response to this informal email. Epstein responded: You are sooooooooooooooo devious. The emails appear to suggest that Mandelson was using his influence as business secretary to encourage Staley to go ahead and back Rothschild's venture. The Labour cabinet minister had seemingly lobbied the US government on behalf of Epstein and Staley a month earlier."
Emails show Peter Mandelson contacted JP Morgan banker Jes Staley in April 2010 from his personal email to encourage underwriting of a 700m mining investment vehicle launched by Nat Rothschild. Mandelson expressed pleasure that JP Morgan and Credit Suisse would act as bookrunners and asked for a warm response. Mandelson shared the communication with Jeffrey Epstein, who replied that Mandelson was "sooooooooooooooo devious." The emails indicate Mandelson used his influence as business secretary to encourage backing for Rothschild's venture, lobbied the US government on behalf of Epstein and Staley, and appears to have leaked government memos to Epstein.
Read at www.theguardian.com
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