"Kingdom Holding Company (KHC) and Chairman HRH Prince Alwaleed Bin Talal announce a series of noteworthy legal victories in a UK Court case filed to recoup hidden and undisclosed financial payments received by Cedar Capital Partners LLC.
The lawsuit had been filed on behalf of FHR European Ventures - a joint venture of KHC, Fairmont Hotels and Resorts, Inc. and Bank of Scotland (now HBOS).
In overcoming legal obstacles and winning the right to recover the hidden payments, Prince Alwaleed has reaffirmed his strong belief in transparent and ethical business practices and has not wavered in his efforts to seek justice on behalf of the shareholders of FHR European Ventures."
'via Blog this'
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