Jordan denies reports on king's Credit Swiss accounts
February 22, 2022, 7:15 am

Jordan denies reports on king's Credit Swiss accounts

Jordan-Amman-Flag of Jordan/Pixabay

The Xinhua reported, Jordan's Royal Hashemite Court on Monday denied reports that King Abdullah II owned Credit Swiss accounts.

The court said in a statement, the total balance mentioned in several reports is "inaccurate and exaggerated" due to significant duplicative counting.

The statement added that those reports were published to defame Jordan and the king.

The court reiterated that all international assistance was subject to professional audits, and their allocations were fully accounted for by the government and donor entities based on cooperation agreements subject to the highest standards of governance and oversight.

Jordan's King (File photo: Shutterstock)

It added that the king's private assets and wealth have always been independent from the treasury and public funds, and they are administered by the Privy Purse, which is a directorate that has been at the court for over 70 years.

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The Xinhua noted that several reports circulating on the Internet said that according to a major data leak from one of Switzerland's largest banks, "the king and queen of Jordan had secret Swiss bank accounts worth hundreds of millions of dollars."

Source: xinhua

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Upon arriving to participate in the summit of the European Political Community, which includes around forty heads of state in Budapest, he said, "I look forward to sitting with the elected U.S. president and seeing how we will collectively ensure we meet challenges, including the threats from Russia and North Korea." He also noted that the strengthening of ties between Russia and North Korea poses a threat to the United States as well, according to reports from Agence France-Presse.

Before Trump's victory, Rutte expressed confidence that a united Washington would remain part of the defensive alliance, even if Trump became the 47th president of the United States. In an interview with German public broadcaster ZDF last Monday night, he stated that both Republicans and Democrats understand that NATO serves not only the security of Europe but also that of America. He added that both candidates are aware that the security of the United States is closely tied to NATO.

On Wednesday, NATO congratulated Trump on his victory but did not address the Ukrainian issue.

It is noteworthy that the relationship between the elected U.S. president and the defense alliance was not the best during his first term in the White House. Trump criticized NATO member states multiple times and even hinted at withdrawing from the alliance unless they increased their financial contributions.

Additionally, the issue of the Russian-Ukrainian war is one of the matters that complicate relations between the two sides, especially since Trump has repeatedly stated that he can end this ongoing conflict, which began in 2022, quickly. He implied that he had a peace plan between Kyiv and Moscow, while his vice president, JD Vance, revealed aspects of that plan, which stipulated Ukraine's commitment not to join NATO, thereby sending reassuring signals to the Russians.

Furthermore, many NATO member states in Europe fear that Trump might halt military aid to Ukraine after he previously criticized the U.S. for pouring funds into supporting Ukrainian President Volodymyr Zelensky.