Chelsea owner Abramovich wins biggest private legal battle in UK worth $6.5bn

Last Updated: Friday, August 31, 2012 - 19:06

London: Chelsea owner and Russian billionaire Roman Abramovich has won his 6.5 billion dollar worth legal battle with his former mentor and business partner, Boris Berezovsky, in the biggest private court case in British legal history.

Abramovich was accused of blackmailing Berezovsky into selling his interests in the oil company and aluminium conglomerate they founded together at a knockdown price.

Abramovich in turn, accused Berezovsky of extracting money from him for political influence and claimed he had paid him 1.3 billion pounds to buy his freedom when Berezovsky fell out of favour with Russian president Vladimir Putin.

Abramovich’s lawyers also accused Berezovsky of ‘truly prodigious powers of self-deception’ and giving evidence coloured by his ‘vanity and his self-obsession.’

The lawyers claimed that Berezovksy was an “angry and embittered man” of “remarkable vanity and self-importance” which was “aggravated by a highly personal resentment of Mr Abramovich.”

“Large parts of his evidence can only be described as mendacious and dishonest,” the Telegraph quoted Abramovich’s lawyers, as saying in submissions to the court.

“He believes that Mr Abramovich has supplanted him in a position which is rightfully his and that he has acquired a sort of political influence under President Putin which he once enjoyed under a very different regime of Boris Yeltsin,” the lawyers added.

ANI



First Published: Friday, August 31, 2012 - 19:06

More from zeenews

 
comments powered by Disqus
Party Won Trends Swing
BJP 122 122 76
SHS 63 63 19
INC 42 42 -40
NCP 41 41 -21
MNS 1 1 -12
OTH 19 19 -22
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results Interactive Map
Party Won Trends Swing
BJP 47 47 43
INLD 19 19 -12
INC 15 15 -25
HJCBL 2 2 -4
OTH 7 7 -2
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results Interactive Map