Aviation Mogul's Testimony Pared Down In UAE Fraud Claim

Law360, London (November 14, 2019, 7:58 PM GMT) -- A London judge on Thursday struck out parts of aviation magnate Farhad Azima’s witness statement in a case that’s been brought against him by an Emirati state-owned investment authority, concluding that the arguments arose from speculation with no firsthand knowledge.

Patrick McCahill QC, sitting as a judge of the High Court, said that 18 paragraphs in the businessman’s witness statements were inadmissible. Azima, who has said that the damages claim is part of a “vendetta” Ras Al Khaimah Investment Authority, or RAKIA, has waged to discredit him, had in the offending paragraphs built on his accusation that the fund was responsible...

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