Photo: MARTIN BUREAU / AFP / Getty Images
Jeffrey Epstein's longtime accountant testified on Wednesday (March 11) that he never witnessed any financial transactions between the late convicted sex offender and President Donald Trump.
Richard Kahn, who managed Epstein's finances for years and now serves as a co-executor of his estate, sat for a closed-door, roughly six-hour deposition before the House Oversight and Government Reform Committee on Capitol Hill.
Kahn's prepared opening statement, obtained by Politico, said he had no knowledge of Epstein's abuse and provided only "outside accounting and bookkeeping services." Kahn also said he is serving as co-executor because he believes his knowledge of Epstein's finances can help victims, and that he has already helped facilitate compensation for many women.
Committee chair Rep. James Comer, R-Kentucky, told reporters that Kahn confirmed he had never seen any transactions between Epstein and President Trump or his family.
"Kahn is the latest witness to testify that they had never seen Trump doing anything wrong with Epstein," Comer said. President Trump has strongly denied any wrongdoing in connection with Epstein.
Kahn named five individuals he said made significant payments to Epstein: former Victoria's Secret chief executive Les Wexner, hedge fund manager Glenn Dubin, former Microsoft executive Steven Sinofsky, investor Leon Black, and the Rothschilds, a prominent banking family. None of those individuals have been formally charged with any wrongdoing related to Epstein.
Wexner's spokesperson pushed back on Kahn's account, saying Epstein was hired to provide wealth management services and that Epstein actually stole roughly $100 million from Wexner. Dubin's spokesperson also denied that Dubin ever paid Epstein, saying Epstein was an investor and client of Dubin's, not the other way around. A spokesperson for Black pointed to an independent law firm's 2021 report finding that Black paid Epstein for tax and estate planning work and had no awareness of Epstein's criminal activity.
Democratic Rep. Suhas Subramanyam of Virginia described Kahn as a "fixer" and said Epstein's crimes were deeply tied to his finances. Subramanyam also told reporters that a person who had accused President Trump of misconduct received a settlement from Epstein's estate, though a source familiar with the deposition disputed that characterization, saying Kahn did not make that claim and had never heard of the woman in question. The White House called the underlying allegations "baseless accusations from decades ago backed by zero evidence or facts."
Comer said the committee has now reviewed over 40,000 documents subpoenaed from JPMorgan Chase and Deutsche Bank, and that Epstein was connected to at least 64 business entities. He also confirmed that Kahn testified Epstein had financial ties to former Israeli Prime Minister Ehud Barak, who has not been accused of wrongdoing and has said he regrets his friendship with Epstein.