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

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…

SUBSCRIBER-ONLY CONTENT

To continue reading, subscribe TODAY!

Gain instant unlimited access to all IBI Plus subscriber content.

  • TRIAL Subscriptions start from just £4 / €4 / $4 for your first month
  • Access to global report, insights and news at your fingertips
  • 100% Money back guarantee - Cancel anytime

 

UNLOCK ARTICLE & KEEP READING – START YOUR TRIAL SUBSCRIPTION

No commitment, cancel anytime*
Offer ends 31 August 2024
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)

 

   Already have a subscription?   

Sign-in to your account