A German business consultant who acted as an intermediary between Jeffrey Epstein and the former Duke of York has resigned from the University of Cambridge's business school.
David Stern stepped down with 'immediate effect' after the Judge Business School was asked about his relationship with the disgraced financier.
Details emerged as emails revealed Mr Stern, 48, appeared to suggest to Epstein that he should invest in music company EMI as the industry 'related to P' – a derogatory term Epstein used to refer to women.
Epstein replied that he was interested, according to the BBC, saying: 'Do we need help – Mandelson?'
Lord Mandelson denies any suggestion that he was aware of Epstein's sex crimes and said he didn't discover the truth until after the paedophile's death in 2019.
Mr Stern's name appears 7,461 times in the Epstein Files, where he refers to himself as a 'soldier', and the child sex offender as his 'general'. The men appeared to share sexually explicit messages with Mr Stern known as the 'man in the palace', keeping Epstein up to date with Andrew Mountbatten-Windsor's movements. The relationship continued following Epstein's release from prison in 2009 after he admitted procuring a girl under the age of 18 for prostitution, the messages indicate, and continued until at least 2017.
Epstein also tried to broker a lucrative deal with an American investment firm that would have netted Andrew a £1million advance, emails between him and Mr Stern appear to show.
David Stern (left) smiles in a photograph released by the US Department of Justice, alongside Sarah Ferguson (centre) and Andrew Mountbatten-Windsor (right)
Mr Stern's name appears 7,461 times in the Epstein Files, where he refers to himself as a 'soldier', and the child sex offender (pictured) as his 'general'
According to the emails released by the US Department of Justice, the former prince would have also received a 40 per cent cut of future profits in the link up with Cantor Fitzgerald, with the same amount going to the firm and the remaining 20 per cent to Mr Stern, according to one proposed version.
The plan to use Andrew's connections to introduce 'asset management firms, sovereign wealth funds, institutional investors and high net worth individuals', reported by the Daily Telegraph, was discussed by Epstein and Mr Stern in autumn 2013 – almost three years after the then-Duke of York claimed to have severed ties with the billionaire.
A 2014 birthday message seemingly from Mr Stern to Epstein had a photograph of an unknown young woman having champagne poured on her.
Communications about Andrew included one from 2011, with Mr Stern apparently writing: 'I am going with PA to China on 23 October... I stay in the background/hidden.'
He was appointed in January 2018 to the advisory board of Judge Business School. But he resigned with 'immediate effect' after the school was approached by business magazine Private Equity News about his relationship with Epstein.
A JBS spokesman said 'David Stern has resigned from the advisory board of Cambridge Judge Business School with immediate effect', and did not confirm whether it previously knew about the ties between the two men.
Mr Stern was contacted for a statement.
