House Panel Releases Leon Black Transcript, Orders 2nd Interview and NDA Records
Updated
Updated · CBS New York · Jul 17
House Panel Releases Leon Black Transcript, Orders 2nd Interview and NDA Records
3 articles · Updated · CBS New York · Jul 17
Summary
Less than an hour into Leon Black’s June 26 voluntary interview, House Oversight served subpoenas for nondisclosure agreements and a second appearance, prompting his lawyers to end the session, according to the transcript released Friday.
Black told lawmakers Jeffrey Epstein advised him in 2015 about an NDA tied to his six-year affair with Guzel Ganieva, but he denied Epstein negotiated that agreement or knew about any others.
About $158 million in payments to Epstein for tax and estate planning again drew scrutiny; Black said he expected to pay roughly $95 million, was misled about tax deductibility, but still believed the advice saved him $1 billion to $2 billion.
Black denied knowing about Epstein’s alleged abuse, said he never paid him for access to women, and described keeping Epstein in his orbit for connections until cutting ties in 2018 after disputes over money and a mostly unpaid $30 million loan.
The committee’s probe follows Black’s 2023 $62.5 million U.S. Virgin Islands settlement over his financial support of Epstein, and Black is due back under subpoena in September.