Qatari Fund Seeks £1.6M Fake Statue Refund From Art Dealer

Law360, London (November 4, 2020, 5:36 PM GMT) -- A private Qatari investment fund and the country's former emir sued for £1.6 million ($2.2 million) from an antiques dealer who sold an allegedly fake statue of the Roman goddess of victory.   

Qatar Investment and Projects Development Holding Co. and its chief executive Sheikh Hamad Bun Abdulla Al Thani have instigated High Court proceedings to recoup the cash it paid in 2013 for the work known as the Chalcedony Statuette of Nike, a Greek goddess.

Swiss antiques dealer Phoenix Ancient Art SA told the claimants that the 8.8cm Nike Victory dated back to 400-500 AD Turkey, recently public court documents...

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