Wednesday, 14 October 2009

I’m a scapegoat, says al Sanea

Maan al Sanea, the Kuwaiti-born billionaire alleged to be at the centre of one of the Middle East’s biggest corporate scandals, has hit back for the first time against his accusers, the al Gosaibi family of Saudi Arabia.

In a hard-hitting document lodged in the London High Court, Mr al Sanea, who has had his worldwide assets of US$9.2 billion (Dh33.79bn) frozen by courts in London and the Cayman Islands, claims:

That he has already been exonerated by the Saudi authorities of any involvement in financial wrongdoing in the kingdom;

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