A lawsuit brought against Prince Al-Waleed Bin Talal, the prominent Saudi investor, by a woman who claims she acted as a broker to help him sell an aircraft for $120m to Colonel Muammer Gaddafi, the former Libyan leader, is set to come to trial in London following a High Court ruling.
Daad Sharab, a Jordanian, who runs a consultancy which provides commercial introductions for clients, has brought a lawsuit against Prince Al-Waleed who is chairman of Kingdom Holdings Company which at the time owned assets including an Airbus A340 and a Boeing 767.
The lawsuit centres around Ms Sharab’s claim she is allegedly owed $10m of commission following her role in the sale of the Airbus to the Libyan Arab Foreign Investment Company.
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