Asad Ali Meerza and others v Tareq Al Baho and others  EWHC 3154 (Ch)
Following nearly five years of hard fought litigation in various jurisdictions Hughmans have obtained a ruling against fraudster Tareq Al Baho, who had made a secret profit on the sale of a property belonging to the estate of a deceased Kuwaiti Sheikh. Mr Al Baho’s various attempts to strike out the claim against him were dismissed. The question as to whether money he misappropriated was obtained as a result of a bribe or breach of fiduciary duty will be determined at a later date at trial. In the meantime Mr Al Baho is required to make an interim payment and a Gibraltarian company which received part of the proceeds of the fraud must hand them over to Hughmans’ client.