EX-Mossad chief to lead Japan’s SoftBank Group in ‘Israel’
Occupied Palestine (QNN)- Yossi Cohen, chief of the Israeli spy agency who retired last month, will lead operations for Japanese billionaire Masayoshi Son’s SoftBank, Israeli Globes news outlet reported on Friday.
According to the report, one of the grounds for hiring Cohen is that, despite his lack of investment experience, he is a well-known and popular person in the occupation state. Moreover, Cohen reportedly has links to Israeli entrepreneurship and technology experts and can open doors for them in any corporation, government, or public body in any country.
Cohen will lead the local operations of SoftBank Vision Fund 2, which operates $30 billion.
SoftBank reported a $17.7 billion profit for the first quarter of 2021 last May. This is a profit record for any Japanese company – and a surprise, after a period in which SoftBank’s reputation took a severe blow – after the failure of WeWork’s IPO.
Cohen retired as head of the Mossad at the end of May, and foreign reports said he was considering joining a number of investment funds. One report said he met with former US Treasury Secretary Steven Mnuchin a few weeks ago, and that they discussed possible cooperation in the investment fund Mnuchin is establishing in cooperation with the Gulf States.
