• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Mets Announcer Fed-Up with Players’ Wasting ABS Challenges

May 14, 2026

America’s response to hantavirus: the good, the bad, and the baffling

May 14, 2026

Everything to Know About Ruby Rose After Katy Perry Bombshell

May 14, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Thursday, May 14
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    McMaster plans to call special session to redraw South Carolina House map

    May 14, 2026

    EXCLUSIVE: GOP Governor Hopeful Tied To Syrian Refugee Resettlement Group

    May 14, 2026

    JD Vance Compares Himself To An Abandoned Child At Deranged White House Event

    May 13, 2026

    A look inside a North Country primary feud

    May 13, 2026

    Have Trump And Musk Made Amends?

    May 13, 2026
  • Health

    America’s response to hantavirus: the good, the bad, and the baffling

    May 14, 2026

    Isomorphic Labs’ $2.1 Billion Fundraise Is The Biggest Bet Yet On AI Drug Discovery

    May 14, 2026

    CDC defends hantavirus response: ‘Engaged at every step’

    May 14, 2026

    Can We Stop A Heart Attack? How Longevity Care May Rewrite Prevention

    May 13, 2026

    Vance: $1.3B in Medicaid money to California will be deferred over fraud suspicions

    May 13, 2026
  • World

    GOP Politician Backtracks On Controversial Radio Comment

    May 14, 2026

    Two Cartel Clandestine Crematorium Sites Found In Mexico near Texas Border

    May 14, 2026

    Reality Star Running For LA Mayor Compares Himself To Obama

    May 14, 2026

    Starmer Pushes Spectre of Supposed ‘Far-Right’ in Bid to Save His Job

    May 14, 2026

    Trump Spared From Paying $83 Million Defamation Award, For Now

    May 14, 2026
  • Business

    Another Key Inflation Measure Blows Past Forecasts

    May 13, 2026

    Prices Skyrocket To Highest Level In Years As Fallout From Iran War Continues Ravaging Economy

    May 12, 2026

    Reynolds Launches $3,200,000,000 Investment In America-Made Smokeless Nicotine

    May 8, 2026

    CEO Trolls Rival By Using Their Platform To Fund His Attempted Takeover Of Company — But They Aren’t Amused

    May 7, 2026

    Americans May Be Stuck Paying Wartime Gas Prices Long After Iran Deal

    May 7, 2026
  • Finance

    Xi asks Trump if U.S. and China can avoid ‘Thucydides Trap’ at high-stakes summit

    May 14, 2026

    The top 5 safest banks in the U.S.

    May 14, 2026

    Traders predict Trump will make major announcements during China trip

    May 13, 2026

    What is a perpetual DEX? A Wall Street primer featuring Decibel

    May 13, 2026

    Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

    May 13, 2026
  • Tech

    Google Blocked Christian ‘TruPlay’ App for ‘Inappropriate’ Imagery of Jesus Christ, then Backtracked When Breitbart Asked Why

    May 14, 2026

    U. of Central Florida Commencement Speaker Faces Chorus of Boos After Praising AI

    May 14, 2026

    EU Chief Says Bloc Wants Kids’ Social Media Ban by Summer

    May 13, 2026

    EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

    May 13, 2026

    ‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

    May 13, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»Wall Street Firm Founder Claims He Accidentally Funded An African Coup
Business

Wall Street Firm Founder Claims He Accidentally Funded An African Coup

June 25, 2025No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Wall Street Firm Founder Claims He Accidentally Funded An African Coup
Share
Facebook Twitter LinkedIn Pinterest Email

Robert Granieri, the co-founder of Wall Street analytical firm Jane Street, accidentally provided funding for AK-47s meant to be used in a South Sudanese coup, his lawyers said in court documents, Bloomberg reported Wednesday.

Granieri admitted to providing funding to Peter Ajak and Abraham Keech, who a U.S. District Court in Arizona indicted in 2024 on arms trafficking charges.

The pair allegedly attempted to export fully automatic AK47s and PKM rifles, RPG-7 rocket launchers, FIM-92 Stinger missile systems and M-67 hand grenades to South Sudan, according to the indictment.

Lawyers for Ajak and Keech claimed they would have been unable to do so without Granieri’s help, Bloomberg reported, citing court documents. (RELATED: Judge Threatening To Halt South Sudan Deportations Affiliated With Group That Rejected Term ‘Illegal’)

“Without the significant financing that Mr. Granieri could and agreed to provide, the alleged conspiracy would have been impossible,” lawyers allegedly said, claiming the fact that Granieri was not being prosecuted proved the government’s case was an example of anti-black racism, according to Bloomberg.

Granieri, one of Jane Street‘s four co-founders, transferred $7 million to the two Sudanese-born men in February 2024, Bloomberg reported, citing people familiar. Weeks after, Ajak and Keech inspected a warehouse in Arizona full of weapons, according to the outlet.

A collection of weapons which Peter Ajak and Abraham Keech allegedly procured with funding from Jane Street co-founder Robert Granieri. 6/25/2025. (Screenshot/USDOJ)

Granieri’s lawyers claimed Ajak duped him.

After a February meeting between Ajak and a group of people the indictment defined as “PERSON-4,” “PERSON-5” and “PERSON-3,” the latter of whom was described as a middleman for a New York-based financier, Ajak texted an undercover agent (UC), “We are getting the funding,”

See also  Charles Payne Says Biden-Harris Economy ‘Had A Lot Of Red Flags’ Before Fed Rate Cut

Michael Holtzman, a public relations specialist who attended a meeting of similar nature, according to Bloomberg, also claimed he was duped.

“Based on the government’s indictment of Peter, it would seem he lied to me and others about his intentions from the outset,” Holtzman told Bloomberg.

While texting the UC from the U.S. Department of Defense (DoD), who he believed to be the supplier of the weapons, Ajak assured him that the middleman and financier did not know what he planned to do with the weapons.

“They knew only that Ajak was procuring weapons for $3 million, but did not know (and did not want to know) any further details,” the indictment alleged.

After Ajak told the UC he got the funding, he asked him to prepare a fictitious invoice for humanitarian supplies.

The fictitious contract claims the money was intended to support a humanitarian mission.

An allegedly fictitious contract which US Attorneys allege Peter Ajak and Abraham Keech used to facilitate funding to purchase weapons in order to orchestrate a South Sudanian coup. 6/25/2025. Screenshot/USDOJ.

An allegedly fictitious contract which US Attorneys allege Peter Ajak and Abraham Keech used to facilitate funding to purchase weapons in order to orchestrate a South Sudanese coup. 6/25/2025. Screenshot/USDOJ.

The United Nations Security Council currently has an embargo on weapons shipments to South Sudan, the world’s youngest country, which achieved independence from Sudan in 2011 after a bitter civil war.

The country’s political landscape is so unstable that Ajak fretted in text messages that the government would collapse before he could get involved.

“Situation is so desperate right now in [South Sudan] that there might be a revolution while [the
weapons] are stuck in the sea, and then we will miss out on the action,” he allegedly texted his supplier, according to the indictment.

See also  Malaysia seeks return of ex-Goldman banker convicted in 1MDB case

Granieri, who was a prominent backer for the 2024 presidential campaign of former United Nations Ambassador Nikki Haley, was not the only high-profile backer for the scheme, according to Bloomberg.

Russian dissident and chess champion Garry Kasparov also provided support as chair of the Human Rights Foundation, Ajak’s lawyers alleged, according to Bloomberg.

Accidentally African claims Coup Firm Founder Funded Street Wall
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

North Carolina School Ignored Claims that Trans Student Leered at Girls in Locker Room

May 14, 2026

What is a perpetual DEX? A Wall Street primer featuring Decibel

May 13, 2026

Another Key Inflation Measure Blows Past Forecasts

May 13, 2026

Texas’ Steve Sarkisian Claims Ole Miss Hands Out Degrees for ‘Basket Weaving’

May 13, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

How To Navigate Burnout In A World That Glorifies Hustle

September 23, 2025

Amid Recession, Gerrman Chancellor Olaf Scholz Plans Talks With Vladimir Putin

May 26, 2023

‘Your Butt Is Gonna Be In Pain’: Reality TV Star Stassi Schroeder Gets Too Personal Discussing Pregnancy

July 26, 2023

Stock futures point to rebound after three-week slump: Stock market news today

August 21, 2023
Don't Miss

Mets Announcer Fed-Up with Players’ Wasting ABS Challenges

Sports May 14, 2026

Mets announcer Gary Cohen has seen enough: Too many players are misusing their ABS challenges.…

America’s response to hantavirus: the good, the bad, and the baffling

May 14, 2026

Everything to Know About Ruby Rose After Katy Perry Bombshell

May 14, 2026

GOP Politician Backtracks On Controversial Radio Comment

May 14, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,359)
  • Entertainment (4,485)
  • Finance (3,360)
  • Health (2,029)
  • Lifestyle (1,876)
  • Politics (3,215)
  • Sports (4,183)
  • Tech (2,089)
  • Uncategorized (4)
  • World (4,233)
Our Picks

Chinese Cars Gain Traction in Latin America and the World

August 14, 2023

‘Insecure’ Now Streaming on Netflix, With More HBO Shows on the Way

July 3, 2023

What Does It Mean When a Guy Stares at You? 

November 1, 2023
Popular Posts

Mets Announcer Fed-Up with Players’ Wasting ABS Challenges

May 14, 2026

America’s response to hantavirus: the good, the bad, and the baffling

May 14, 2026

Everything to Know About Ruby Rose After Katy Perry Bombshell

May 14, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.