Leaks about Jordanian king's Swiss bank accounts misleading, says palace

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Leaks about Jordanian king's Swiss bank accounts misleading, says palace
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Leaks about money held by Jordan's King Abdullah in accounts at Swiss bank Credit Suisse have 'inaccurate, old and misleading' information, Jordan's royal palace said on Monday.

Jordan's King Abdullah II speaks during his visit to the Eastern Military Zone along the Jordan-Syrian border, Jordan February 14, 2022. Jordanian Royal Palace/Handout via ReutersAMMAN, Feb 21 - Leaks about money held by Jordan's King Abdullah in accounts at Swiss bank Credit Suisse have "inaccurate, old and misleading" information, Jordan's royal palace said on Monday.

The reports suggested that the Jordanian monarch had at least six accounts with tens of millions of Swiss francs."These recent reports are being used to smear His Majesty and Jordan and distort the truth," the palace said in a statement, adding that the figures were overblown because the amounts in the accounts had been counted multiple times.

It cited a $212 million sale of an Airbus 340 plane that was replaced with a smaller, less costly Gulfstream jet currently used by the monarch. The palace said these bank accounts were independent of state or public funds and were administered by the Privy Purse, a department responsible for royal expenses established 70 years ago.

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