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Credit Suisse unit takes fight over $lb awarded to client to S'pore court
April 09, 2024
|The Straits Times
A unit of defunct lender Credit Suisse will seek to overturn an order to pay US$743 million (S$1 billion) to a billionaire client over the actions of a notorious rogue banker, at Singapore's top court on April 8.
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The sum was awarded after a lower court earlier ruled that the bank's trust had failed to safeguard the assets of Mr Bidzina Ivanishvili, the former prime minister of Georgia. It was revised down from an initial US$926 million in a sprawling case spanning three continents.
هذه القصة من طبعة April 09, 2024 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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