Leon Black subpoenaed over Epstein ties

Investing.com -- House Committee on Oversight and Government Reform Chairman James Comer issued two subpoenas to billionaire investor Leon Black during his appearance today before the panel for a transcribed interview.

The first subpoena requires Black to appear for a deposition on July 16, Comer, a Republican from Kentucky, said in a statement. The second subpoena compels him to produce nondisclosure agreements related to women to the committee. Lawmakers said the NDAs related to women with alleged ties to the late sex offender Jeffrey Epstein.

"Mr. Black stated he wouldn't answer questions about NDAs," Comer said in a statement. "Answers about the terms and substance of these NDAs are critical to our investigation. For this reason, today I issued subpoenas to Mr. Black for NDAs and to appear for a deposition in the near future."

Black, the co-founder of Apollo Global Management Inc, said in his opening statement to the committee that he never abused women and wasn't blackmailed by Epstein, his longtime friend and client.

The 74-year-old said that he had decided to appear before the panel to set the record straight on his relationship with Epstein and why he paid him millions of dollars over the course of their relationship.

"I was not involved with, and had no knowledge of, any of Epstein's heinous conduct," he said.

Black's lawyer Susan Estrich told reporters that "Mr. Black came here voluntarily to assist the committee. They made a premeditated political decision to serve him with subpoenas after less than an hour of questioning, and before they even asked a single question about his legitimate payments to Epstein. This was nothing more than a planned political stunt."

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