Home > News > Monitoring News > Bahrain: $1bn criminal conspiracy

Bahrain: $1bn criminal conspiracy

The UK-based law firm Addleshaw Goddard is to represent Saudi property developer Dar Al-Arkan and Bahrain’s Bank Alkhair (previously known as Unicorn Investment Bank) in a $1bn conspiracy case against several defendants: the bank’s former chief executive, the US-born Majid Bader Al-Refai, global risk consulting firm Kroll Associates, Bahrain-based chartered accountant Alex Richardson and business consultancy FTI Consulting. The case will reportedly start in London’s Commercial Court in the autumn. Dar Al-Arkan and Bank Alkhair are both chaired by Saudi businessman Yousef Al-Shelash.

Integrity & compliance

Identify problems, mitigate risks

More >

Strategic advisory

Reveal opportunities, minimise threats

More >

Business intelligence

Obtain a true picture of risks and opportunities

More >

Data monitoring

Improve performance, achieve results

More >