AVIATION TYCOON ORDERED TO PAY $4 TO SOVEREIGN FUND MILLION OVER FRAUD AND BRIBERY DEALINGS

On 22 May, The National in UAE reported that a controversial US-Iranian aviation tycoon, Farhad Azima, 79, has been ordered to pay damages of more than $4 million over a series of plots to fleece the sovereign wealth fund of Ras Al Khaimah of millions of dollars.  Mr Azima said he would appeal against the ruling.

https://www.thenational.ae/world/europe/aviation-tycoon-ordered-to-pay-rakia-4m-over-fraud-and-bribery-dealings-1.1023413

 

If you’d like to help to contribute to the cost of the new laptop and desktop I have had to acquire, now that I am 5,000 miles away from my originals – https://www.buymeacoffee.com/KoIvM842y

 

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s