“He Called For An Investigation Against Us”- Nayib Bukele on Senator Menendez’s Arrest

Senator Bob Menendez from New Jersey, USA, finds himself embroiled in allegations of accepting bribes, leading to a sweeping indictment. The supposed bribes were rendered in a mix of cash and gold bars, with an estimated value reaching up to $400,000. This indictment is a significant development, considering an earlier criminal case against Menendez that concluded with a jury at a standstill.

In response to the arrest, Nayib Bukele, the President of El Salvador, offered his commentary on the arrest of Bob Menendez, where Bukele pointed out that Menendez had previously called for an investigation into his party. Additionally, Menendez has openly criticized El Salvador’s decision to adopt Bitcoin as its legal tender. 

This guy actually called for an investigation against us…

He ended up being charged. https://t.co/ftBXhwgCl3

— Nayib Bukele (@nayibbukele) September 22, 2023

Read More: El Salvador Bitcoin Critic Sen Menendez Indicted for Corruption

Senator Menendez Faces Charges Over Egypt Advocacy

Prosecutors are presenting a case where Menendez allegedly advocated for Egypt, despite prevailing concerns within the U.S. Government regarding the country’s human rights practices. His actions supposedly included authoring a letter urging fellow senators to release a hold on $300 million in aid to Egypt and conveying confidential information about military matters to Egyptian officials. These actions have occurred in Egypt, facing restrictions on aid from Congress due to ongoing concerns over its human rights record.

The indictment also implicates Menendez’s wife and three businessmen from New Jersey. These individuals are accused of bestowing substantial gifts, gold, and money on the senator and his wife, seeking beneficial actions in return. All these revelations, however, are to be examined thoroughly in the ensuing legal proceedings.

Menendez’s Senate Future Uncertain After Arrest

Due to the serious nature of his arrest, Menendez is obligated to relinquish his role as chairman of the Foreign Relations Committee as per the Senate Democratic caucus rules. The fate of his position in the committee and his Senate seat are subject to further deliberations, potentially involving Senate Majority Leader Chuck Schumer.

Also Read: Bybit Suspends Services in UK Citing New FCA Rules

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Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO’s in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on Twitter at @sharmasunil8114 and reach out to him at sunil (at) coingape.com

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