Kuwait fund claims state immunity in legal row with former staff | Reuters
A lawyer representing Kuwait Investment Authority’s London office has told an employment tribunal that the fund should be covered by diplomatic immunity in a legal wrangle involving former staff accused of inflating bonuses.
Former fixed income head Simon Hard and another former staff member are pursuing an employment tribunal case against the Kuwait office, part of one of the world’s largest sovereign wealth funds, for alleged victimisation, discrimination and so-called whistleblowing detriment.
The former employees are being sued by the fund over an alleged conspiracy to award unlawful pay rises, but the High Court in July granted them a stay of application in that case in order to allow them to go ahead with their employment tribunal.
The former staff deny the allegations of inflated bonuses.
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