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Saudi prince loses UK court battle over jet deal

July 31, 2013

LONDON (AP) — A prominent Saudi prince has lost a case in Britain over the handling the sale of a jet to the late Libyan dictator Moammar Gadhafi.

Prince Alwaleed bin Talal was being sued by Jordanian businesswoman Daad Sharab, who claimed she was owed a 6.5 million pound ($9.9 million) commission for helping arrange the 2005 sale.

The prince, a nephew of Saudi King Abdullah whose wealth is estimated in the billions, had denied agreeing to pay a specific commission.

High Court Judge Peter Smith ruled against the prince Wednesday at a hearing in London, describing his evidence as “confusing and too unreliable.”

Sharab praised the ruling, saying the decision reinforced her faith in the impartiality of British courts.