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In 2018, after the brutal murder of Washington Post columnist Jamal Khashoggi, Mr. Mnuchin skipped the conference, but still visited the country and met with Crown Prince Mohammed bin Salman. A US intelligence report released in February blames Prince Mohammed For the murder of Mr Khashoggi.
In January 2021, less than two weeks before he left office, Mr. Mnuchin visited Saudi Arabia to meet with the finance minister and discuss counter-terrorism and illegal financing. The Middle East tour, which included stops in Egypt, Sudan, Israel, Qatar, United Arab Emirates and Kuwait, was cut short during Mr Trump’s chaotic transition.
Mr. Mnuchin is returning to the Middle East this year as he prepares and processes his fund.
During a trip to Israel in June, he told The Jerusalem Post that he set up an office there because of the country’s strength in the cybersecurity technology and financial technology sectors that will be the focus of the fund.
“We hope to be seen as one of the best strategic partners in these areas,” said Mr. Mnuchin. Jerusalem Post.
In July, Mr. Mnuchin’s fund, Liberty Strategic Capital, made a $275 million investment in Cybereason, a cybersecurity firm focused on ransomware attacks.
Some former Treasury officials joined Mr. Mnuchin’s new venture. These include former chief of staff Eli Miller and Brian Callan, who serves as general counsel. Joseph F. Dunford, former chief of the Joint Chiefs of Staff, is also a senior adviser and former US ambassador to Israel, David Friedman, heads the Tel Aviv office.
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