Epstein, Ex-Israeli PM Named in Alleged Profiteering From Boko Haram Crisis

Epstein, Ex-Israeli PM Named in Alleged Profiteering From Boko Haram Crisis

A new investigative report by Drop Site News has alleged that the late American financier Jeffrey Epstein and former Israeli prime minister Ehud Barak leveraged Nigeria’s long-running Boko Haram insurgency to pursue commercial, security, and strategic interests in the country.

According to the investigation, emails released by the United States Department of Justice in 2018 show Epstein acting as a behind-the-scenes facilitator in discussions involving Jide Zeitlin, then chairman of Nigeria’s Sovereign Investment Authority, and Sultan Ahmed bin Sulayem, former chairman of DP World. The exchanges allegedly focused on attempts to secure control of key shipping terminals in Lagos and Badagry, following unsuccessful negotiations with successive Nigerian administrations dating back to 2005.

The report claims DP World was unwilling to invest in a proposed industrial zone in Nigeria without full or majority control of the adjoining port infrastructure, a demand that reportedly stalled the deal for years. Epstein, who died in a New York jail in 2019 while awaiting trial, is alleged to have helped revive talks by brokering introductions and strategic conversations.

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Drop Site News further reported that bin Sulayem resigned on February 13 after renewed scrutiny of his past links to Epstein resurfaced publicly, intensifying attention on the historical port negotiations and the role of foreign intermediaries in Nigeria’s maritime sector.

Beyond logistics and port infrastructure, investigators highlighted what they described as near-daily correspondence between Epstein and Barak after the former Israeli leader left public office. Barak, who served as Israel’s defence minister until 2013, allegedly sought to deepen Israeli-Nigerian security cooperation, using Nigeria’s counter-insurgency battle as an entry point for Israeli-linked security, energy, and technology investments.

The report said Barak later relied on security networks in Nigeria to promote Israeli defence and surveillance firms. In 2015, Barak and a partner invested $15 million in FST Biometrics, founded by former Israeli intelligence chief Aharon Ze’evi Farkash. The firm’s Basel biometric system, originally deployed at Israel-Gaza crossings, was subsequently marketed in Nigeria as a counter-terrorism solution.

According to the investigation, the biometric technology was introduced at Babcock University as protection against Boko Haram threats, while also being pitched to African governments for broader identity management and population-control applications.

The report further cited a 2020 World Bank-supported initiative involving Israel’s National Cyber Directorate and Toka Group, a cyber-intelligence company co-founded by Barak. The partnership was presented as contributing to Nigeria’s national cybersecurity framework, but Drop Site News argued it also deepened Israeli corporate access to sensitive security architecture.

In its conclusion, the investigation alleged that a network of security interventions, port negotiations, and technology investments enabled Epstein and Barak to profit from instability associated with the Boko Haram conflict, while simultaneously advancing Israeli commercial and strategic interests in Nigeria. The outlet stressed that these claims are based on document reviews and correspondence, framing them as allegations rather than established legal findings.

Epstein, Ex-Israeli PM Named in Alleged Profiteering From Boko Haram Crisis