Regulatory

Saudi prince told to pay £42m to Credit Suisse over yacht loan

> , By 2023-04-06T14:15:00

The 82m Sarafsa

UK High Court orders payment

The UK High Court has issued an order to Saudi Arabia’s Prince Fahd bin Sultan bin Abdulaziz al Saud, a member of the Saudi ruling family, to pay £42m to Credit Suisse after interest payments were not paid in relation to a yacht loan.

To continue reading, click now to try our £4 for 4-week trial offer for IBI Plus, providing immediate access to all our Premium Content…

 
Unlock this article
Unlock this article

Start your 7-day IBI Plus trial for just £1

Start your 7-day trial

Get unrestricted access to all IBI Plus content, including 50,000+ articles, company intelligence and market insight.

With IBI Plus, you can:

  • →Research companies, customers and competitors
  • →Track markets and industry developments
  • →Identify new commercial opportunities
START YOUR 7-DAY TRIAL FOR £1

No commitment — cancel any time.

Already a subscriber? Log in