Monday 9 May 2016

Mohamed Bin Issa Al Jaber seeks to revive $10bn Barclays claim - FT.com

Mohamed Bin Issa Al Jaber seeks to revive $10bn Barclays claim - FT.com:

"Sheikh Mohamed Bin Issa Al Jaber, Britain’s 15th-richest person, has asked a New York appeals court to revive the $10bn damages claim he brought against Barclays over the collapse of a Saudi-backed property deal in 2001.
MBI International and Jadawel International, property groups owned by Sheikh Mohamed, allege the UK bank acted “corruptly” in not pursuing the Saudi government for lease payments on two military compounds built by Jadawel. "



'via Blog this'

No comments:

Post a Comment