Saudi billionaire, Prince Alwaleed bin Talal, has lost a UK court battle over the sale of a private jet to Colonel Gaddafi.
He has been ordered to pay $10 million commission linked to the sale of the jet in a legal defeat for one of the world’s richest men.
In a written ruling which rejected the prince’s evidence on all key points, Judge Peter Smith described it as “confusing”, “unreliable”, “hopeless” and “pathetic.”
The prince was being sued by Daad Sharab, a Jordanian businesswoman who said she was not paid any commission for brokering the sale of the jet, completed in 2006 for $120 million.
The prince’s defense was that there was no agreement to pay a $10-million
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